The cryptocurrency exchange Gate has launched Gate Fun, an innovative on-chain platform enabling users to create and trade tokens without coding knowledge. This platform operates on Gate Layer, the newly introduced layer-2 network built on the OP Stack.
According to Gate, users can generate tokens in less than a minute by paying a minimal gas fee in GT, the network’s native cryptocurrency.
Much like the popular token launcher Pump.fun, users can customize token parameters, including name, symbol, and initial purchase options, via an intuitive one-click interface.
Gate Fun can be accessed through Web3 wallets such as MetaMask, as well as Gate’s own account system. Tokens created on this platform can be traded across various Gate products, including Gate Alpha, Meme Go, and Swap.
The introduction of Gate Fun follows closely on the heels of Gate’s release of Gate Layer, a high-performance layer-2 rollup constructed on the OP Stack, anchored by GateChain. In addition to Gate Fun, other applications have been unveiled on this network, including Perp, a perpetuals trading hub, and Meme Go, a meme token tracking tool.
Currently, GT is valued at $16.23, having experienced a decrease of approximately 1.9% in the last 24 hours.
