DeGate is launching a new feature called Cross-Chain Intent Trading, which facilitates secure trading of tokens across different blockchains, starting with Solana, while ensuring users retain control over their assets.

The closed beta for this innovative trading system began on November 20, 2024, exclusively for whitelist users, with plans for a broader public launch on Mainnet in the near future.

This system allows users to trade across all leading chains without the need for new wallets or gas tokens, making it more accessible for those who already have Ethereum wallets.

Transactions in this system are signed by users before execution, enhancing security, and DeGate's platform is supported by Ethereum, ranking Stage 2 on L2Beat among layer 2 rollups.

Designed for efficiency, transactions are completed in under a minute, providing a reliable and smooth trading experience.

Cross-Chain Intent Trading addresses common risks associated with decentralized trading, such as complex processes, multiple wallet management, and security concerns, especially in light of recent hacks in November 2024.

Utilizing proprietary technology from DeGate DAO, this feature enables Ethereum-based USDC trading on other chains without relying on third-party bridges.

Looking ahead, DeGate aims to expand Cross-Chain Intent Trading to include additional leading chains, further developing a comprehensive decentralized financial platform.

Importantly, users maintain full ownership of their assets with wallets that they control, eliminating the need for additional private keys, which simplifies the user experience and enhances security.