Gate Unveils Gate Layer L2 and Revamps GT Tokenomics

Gate has launched Gate Layer, a high-speed Layer 2 network built on Optimism’s OP Stack and secured by GateChain. Gate Layer delivers over 5,700 TPS and one-second block times, cutting transaction costs and boosting throughput. The network debuts three flagship tools: Perp for perpetual trading with centralized-exchange liquidity, Gate Fun for no-code token launches, and Meme Go for real-time memecoin tracking. GT tokenomics have been overhauled: GT becomes the exclusive gas token on Gate Layer, embedding it at the core of the ecosystem. A dual deflation model—scheduled buybacks plus on-chain burns—has already removed 180 million GT (60% of supply). A new staking mechanism lets users lock GT to stabilise gas fees, support network security, and earn rewards. GateChain node updates now allow consensus nodes to set flexible commission rates, streamlining deployment, delegation and reward sharing. Together, these upgrades position Gate Layer to capture more on-chain activity, drive GT demand and offer traders faster, cheaper transactions within a unified Layer 2 ecosystem.