- Gate lists DeepNode (DN) amidst trading feature expansion.
- Exchange aims for increased market liquidity.
- New trading avenues open for DeepNode users.
Gate has listed DeepNode (DN) for spot trading with the DN/USDT pair. While Gate offers perpetual contracts and leveraged trading for other tokens, DN-specific features like Perp DEX and trading bots remain unconfirmed.
The listing of DeepNode on Gate’s platform expands its trading infrastructure, affecting market dynamics and trader engagement in cryptocurrency.
Gate has introduced the DeepNode (DN) spot listing, expanding its trading capabilities. This introduction aims to enhance its platform by providing additional features such as contract trading and Gate Perp DEX, aiming to attract more traders. The listing of DN has sparked interest due to its robust decentralized AI network, with a significant backing of $5 million in funding. As MEXC noted,
“DeepNode raises $5M to build a decentralized AI network on Base, using PoWR to reward useful AI models across sectors like healthcare, fraud detection, and crypto trading.”Although the DN-specific leveraged products on Gate remain unconfirmed, the general platform offers extensive derivatives options. Users can expect increased liquidity and potential volatility as GN gains traction across different exchanges like MEXC and Binance Alpha. While immediate direct impacts on native tokens like ETH or BTC are not specified, possible ripple effects may unfold. The cryptocurrency market anticipates technological enhancements, given DeepNode’s focus on decentralization via Ethereum Layer-2. Enhanced trading has historical precedents, following paths set by prior AI-narrative tokens like RNDR. Explore more on CoinGecko for in-depth analysis and market data.
