Skate has undergone rigorous audits and multi-chain deployments to ensure the security of its platform. Additionally, the project plans to implement DAO governance to oversee protocol upgrades and tokenomics sustainability.

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Skate

Q: What is the Purpose of Skate?

The primary goal of Skate is to create a unified infrastructure that connects various blockchain virtual machines, enabling seamless interaction with decentralized applications across multiple blockchains. This approach aims to solve issues related to fragmented liquidity and complex cross-chain navigation.

Q: How Can I Participate in Skate's Ecosystem?

Users can participate in Skate's ecosystem by acquiring SKATE tokens through supported exchanges, engaging with dApps that utilize Skate's cross-chain infrastructure, and participating in governance decisions through the Skate DAO.

Q: What Sets Skate Apart from Competitors?

Skate distinguishes itself by offering native access to VM-specific applications across different blockchains, allowing for seamless cross-VM functionality. This interoperability enhances user experience and broadens the scope of decentralized applications.

Q: What are the Risks Associated with Skate?

Potential risks include execution challenges related to liquidity feature delays and the reliance on sustained protocol revenue growth for initiatives like token buybacks. Users should conduct thorough research and consider these factors before participating in the Skate ecosystem.

Skate is the universal application layer that empowers applications to run on 1000s of chains with a single state. Any new blockchain can easily connect to Skate, while both users and developers only need to interact with Skate alone to instantly access each network with unified liquidity.

What is Skate?

Skate is a multi-VM infrastructure project that enables decentralized applications to operate seamlessly across multiple blockchains, including Ethereum Virtual Machine (EVM) and alternative virtual machines. It aims to unify fragmented liquidity and simplify cross-chain interactions by allowing users to engage with various dApps from their preferred blockchain environment.

How Does Skate Work?

Skate functions by connecting different blockchain virtual machines, such as EVM, SolanaVM, and TonVM. This interoperability allows users to interact with applications on various blockchains using a single network, thereby addressing issues related to fragmented liquidity and complex cross-chain navigation.

What Makes Skate Unique?

Skate's unique features include its ability to provide native access to VM-specific applications on other chains, enabling EVM apps to operate directly within SolanaVM or MOVE environments. This cross-VM functionality enhances user experience and broadens the scope of decentralized applications.

Who Are the Founders of Skate?

Specific information about the founders of Skate is not readily available in the provided sources.

Latest News

What Key Events Have There Been for Skate?

Skate has achieved several significant milestones, including a successful seed funding round that raised $3.75 million in September 2023, co-led by HashKey Capital and Nomad Capital. Additionally, Skate's token, SKATE, was listed on major exchanges such as Binance, KuCoin, and Bitget in June 2025, marking a significant step in its market presence.

Project Announcements

Recent updates include the launch of Skate's DAO governance in Q3 2025, focusing on protocol upgrades and tokenomics sustainability. Additionally, Skate plans to expand its cross-chain infrastructure and governance, with initiatives such as liquidity provisioning and cross-VM shared pools scheduled for Q3 and Q4 2025, respectively.

Upcoming Events

Latest Airdrop

As of now, there is no specific information available regarding an upcoming airdrop for Skate.

ICO Time

Skate conducted its Initial Coin Offering (ICO) on the Legion Launchpad, aiming to raise $1 million. The exact date of the ICO is not specified in the provided sources.

IDO Time

Skate's Initial DEX Offering (IDO) took place on June 9, 2025, raising $24,000 at a price of $0.12 per token.

TGE Time

The Token Generation Event (TGE) for Skate occurred on June 9, 2025, with an initial listing price of $0.0966.

Projects Announcements

Where to Buy Skate?

Skate tokens can be traded on several exchanges, including Binance, KuCoin, Bitget, LBank, and CoinEx. The most popular trading pair is SKATE/USDT.

Skate Price

Daily Trading Volume

As of September 24, 2025, the 24-hour trading volume for Skate is approximately $4.38 million, indicating active market participation.

All-Time High

Skate reached an all-time high of $0.153 on June 9, 2025. Compared to the current price of $0.0433, this represents a decrease of approximately 71.72%.

All-Time Low

The all-time low for Skate was $0.03236 on June 13, 2025. The current price reflects an increase of about 33.75% from this low.

Market Cap and Valuation

Market Cap

Skate's market capitalization is approximately $9.23 million, ranking it at #1172 among cryptocurrencies.

Fully Diluted Valuation

The fully diluted valuation of Skate is around $43.27 million, considering the total supply of 1 billion tokens.

Skate Price Prediction

While specific price predictions are speculative, factors influencing Skate's price include market sentiment, adoption rates, and the successful implementation of its cross-chain infrastructure. As of now, there are no available forecasts from reliable experts or publications.

FAQ

What is the Purpose of Skate?

How Can I Participate in Skate's Ecosystem?

What Sets Skate Apart from Competitors?

Is Skate Secure?

What are the Risks Associated with Skate?

Community Sentiment

24.48K Votes

50% 50%

SKATE

0.0008837

0.05%

Trading Volume (24h)

24484.370671931327 21.65154406717876

Circulating MCAP

$24.12K

Fully Diluted Valuation

$24.12K

Circulating Supply

27293246.543599997

Total Supply

27293246.543972

Max Supply