DeGate Launches Support for Optimism and Arbitrum Networks: A New Era of Low-Cost, High-Speed DeFi Transactions

DeGate, a layer 2 zk-rollup orderbook DEX on Ethereum, is excited to introduce a significant enhancement for its users. DeGate now supports add/send funds on the Optimism and Arbitrum networks. This upgrade provides users with a more cost-effective, faster, and efficient way to transact.

Why Optimism and Arbitrum?

Optimism and Arbitrum are two of the most advanced layer 2 scaling solutions, designed to reduce congestion and minimize transaction costs on the Ethereum network. With this integration, DeGate users benefit from significantly lower gas fees when moving assets to and from DeGate. This enhancement marks a significant milestone in our journey to make DeFi accessible to everyone, irrespective of transaction size or frequency.

Supported Tokens

Currently, DeGate supports add/send funds of ETH, USDT, and USDC (native only) on Optimism and Arbitrum.

FAQs

  1. **Will more tokens be supported in the future?**Yes, there are plans to support additional tokens over time. For now, ETH, USDT, and USDC (native) are the main supported tokens.

  2. **What should I do if there is an issue with my transaction?**Rest assured we will be there for you. You can reach out to the team on Telegram or Discord

  3. **Will more chains be supported in the future?**We are actively considering support for additional chains based on user demand.

A More Affordable and Efficient DeFi Experience

This development is just one of many steps DeGate is taking to build a more decentralized and accessible financial system. By lowering costs and improving transaction speeds, DeGate continues to make DeFi more inclusive and available to everyone, no matter the transaction size or frequency.

About DeGate

DeGate is an Order Book DEX on Ethereum built with Zero-Knowledge technology. DeGate provides spot trading with Limit Orders on a DEX. In addition, DeGate offers a decentralized grid trading function.

DeGate also enables permissionless listing, meaning that any token can be listed in a permissionless manner through an open listing mechanism. DeGate Mainnet is live on https://app.degate.com/.

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