ChainCatcher news, Ethereum Layer 2 zk-rollup order book DEX DeGate announces a major upgrade, now supporting deposit and withdrawal functions for Optimism and Arbitrum networks. With this integration, DeGate users can enjoy significantly reduced gas fees when transferring assets in and out.Currently, DeGate supports deposits and withdrawals of ETH, USDT, and USDC (native tokens only) on Optimism and Arbitrum.DeGate stated that it plans to support more tokens and chains in the future, which will be determined based on user demand.

ChainCatcher news, the stablecoin USDM under the stablecoin protocol Mountain Protocol has been launched on DeGate DEX, with the trading pair USDM/USDC. USDM is fully backed by short-term U.S. Treasury bonds and provides users with daily rewards in the form of Rebase, currently with an annual interest rate of 5%. Non-U.S. users can also hold USDM to earn stablecoin yields, aiming to provide users outside the U.S. with the opportunity to access U.S. Treasury yields. Currently, USDM can only be traded on DeGate DEX and Curve.

ChainCatcher news, the order book DEX DeGate based on ZK Rollup has officially launched its mainnet Beta version. Previously, DeGate conducted an early adopter NFT pass minting event. For the first week following the release of the mainnet Beta version, the protocol will be accessible only to DeGate NFT minters, and will then be opened to the public. (source link)