Trading

Gate TradFi is a comprehensive trading section built by Gate. It brings together three core trading models: CFD contracts, perpetual contracts, and spot tokens. Through a unified entry point and a multi asset framework, users can allocate capital and switch strategies more flexibly across different markets.

Sei (SEI) is a Layer 1 blockchain that supports parallelized EVM execution. It is designed to improve the throughput and real-time interaction capabilities of on-chain applications through a low-latency consensus mechanism and high-performance execution architecture. As DeFi, blockchain games, and high-frequency trading applications continue to develop, Sei is widely used in scenarios that require fast confirmation and low-cost execution.

Parallelized EVM is an EVM architecture that allows non-conflicting transactions to execute simultaneously. Its goal is to break through the performance limits of the traditional sequential execution model while improving blockchain throughput and real-time interaction capabilities. As DeFi, blockchain games, and high-frequency on-chain applications continue to develop, parallel execution is becoming an important optimization direction for high-performance public blockchains.

GAS (NeoGas) is the native fuel token of the Neo network. It is mainly used to pay for on-chain transactions, smart contract execution, and network resource consumption. Unlike many single-token public blockchains, Neo uses a dual-token structure consisting of NEO and GAS. NEO is responsible for governance, while GAS serves as the payment asset for network operations and resource usage.

UNUS SED LEO（LEO） is a crypto platform ecosystem token issued by iFinex. It primarily serves the Bitfinex trading platform and its related product ecosystem. LEO’s core functions include trading fee discounts, access to platform resources, and support for ecosystem features. Its economic model is closely tied to the platform’s operating structure.

BGB, BNB, and GT are all platform tokens within crypto exchange ecosystems, which is why users often compare them. While all three support trading fee discounts, ecosystem benefits, platform incentives, and similar functions, they differ clearly in their underlying structures, onchain ecosystems, burn mechanisms, and Web3 expansion strategies.

Bitget Token (BGB) is the platform token of the Bitget ecosystem. It is mainly used for trading fee discounts, Launchpad participation, onchain gas payments, staking benefits, and ecosystem incentives. As crypto trading platforms gradually expand into Web3 infrastructure, BGB has evolved from a traditional platform rewards asset into an important bridge between centralized trading services and onchain ecosystems.

XAU is the international trading code for gold, and XAG is the international trading code for silver. This article examines their core differences in supply and demand structure, price drivers, market scale, and asset positioning, helping clarify the distinct roles gold and silver play in the global asset system.

OKB is the core exchange token of the OKX ecosystem, used for trading fee discounts, on-chain payments, ecosystem incentives, and Web3 application scenarios. As crypto trading platforms gradually expand into on-chain infrastructure, OKB’s role has evolved from a simple trading benefits tool into an important asset connecting centralized trading, Layer2 networks, and the Web3 ecosystem.

Order book DEXs and AMMs are both widely used for on-chain asset trading, but they differ clearly in how prices are formed, how liquidity is structured, and how trades are executed. An order book DEX matches trades through buy and sell orders placed by users, while an AMM relies on liquidity pools and algorithms for automatic pricing.

Perpetual contracts and traditional futures are both widely used for leveraged trading and risk hedging, so users often compare them side by side. Although both are derivatives contracts, they differ significantly in expiration mechanisms, price maintenance methods, and trading structures. Traditional futures have a fixed delivery date, and contracts are settled in cash or through physical delivery at expiration. Perpetual contracts, by contrast, have no expiration date and use a funding rate mechanism to keep the contract price close to the spot market price. As a result, perpetual contracts are generally better suited to continuous, high-frequency trading scenarios.

dYdX and Hyperliquid are both order book-based DEXs focused on on-chain perpetual futures trading, so they are often compared with each other. Although both emphasize a high-performance trading experience and low-latency matching, they differ significantly in their underlying chain structure, degree of decentralization, liquidity sources, and governance models. dYdX uses an appchain architecture built on the Cosmos SDK and secures its network through PoS validator nodes, while the DYDX token is used for both governance and staking. Hyperliquid, by contrast, uses a self-developed high-performance chain structure and places greater emphasis on ultra-low-latency trading and a unified liquidity experience.

XDPoS, short for XinFin Delegated Proof of Stake, is the consensus mechanism used by XDC Network. It secures the network and confirms transactions through validator staking, delegated voting, and Byzantine Fault Tolerance, BFT. Compared with traditional PoW networks, XDPoS uses less energy, processes transactions faster, and keeps Gas costs lower. It is mainly designed for high efficiency blockchain use cases such as enterprise finance, cross border payments, and real world assets, RWA. XDPoS also balances EVM compatibility with enterprise grade performance needs, making it an important part of XDC Network’s technical architecture.

XDC and XRP are both blockchain networks designed for cross-border finance and enterprise payment scenarios, but their technical approaches and ecosystem positioning are not the same. XDC Network uses the XDPoS consensus mechanism and supports EVM smart contracts, RWA tokenization, and a hybrid blockchain architecture, with a stronger focus on enterprise-grade financial infrastructure and trade finance. XRP Ledger uses the Ripple Protocol Consensus Algorithm, or RPCA, and focuses more on cross-border payment liquidity and interbank settlement efficiency. The two networks differ clearly in decentralization, developer ecosystem, asset tokenization capabilities, and network use cases.

MX Token (MX) is the core platform token within the MEXC trading platform ecosystem. It is also an important part of the broader MEXC user benefits system, activity incentive structure, and platform economy. As crypto trading platforms gradually evolve from simple trading marketplaces into comprehensive Web3 service platforms, the role of platform tokens has also expanded from a “fee discount tool” into an ecosystem asset and a medium for platform governance.