Odaily Planet Daily reported that according to on-chain data, the cumulative trading volume of Gate's decentralized perpetual contract platform Gate Perp DEX has exceeded US$1 billion, demonstrating strong user growth and market activity.

Gate Perp DEX relies on the Gate Layer high-performance second-layer network, has a built-in high-performance matching engine, supports high-concurrency processing and low-latency transactions, and provides global users with a high-speed, transparent and secure decentralized derivatives trading experience with excellent liquidity.