what's skate?
Skate is a blockchain protocol designed to enable seamless application deployment across diverse virtual machines (VMs) and chains, allowing developers to build once and run applications universally without forking infrastructure. By abstracting away chain-specific complexities, Skate facilitates cross-chain interactions, unifying liquidity and state for apps on ecosystems like Ethereum, Solana, Sui, and others. This is achieved through its core infrastructure, including the Skate AMM for shared liquidity pools and sequencer for efficient transaction settlement. The protocol introduces a new paradigm for modular blockchains, where applications maintain a single universal state while interacting natively with multiple environments. Skate leverages technologies like LayerZero's Omnichain Fungible Token standard for token portability and integrates with EigenLayer for staking security. Users and developers benefit from reduced development overhead, as common components like DEXs and lending markets can be deployed across chains without redundancy. $SKATE serves as the native token, powering network operations, staking for security, and incentivizing participation in liquidity provision and app interactions. Skate's ecosystem fosters interoperability, aiming to create a "Golden Age" of cross-chain development by connecting fragmented blockchain landscapes.
Skate distributed a $200 per recipient airdrop in 2025.
contract
ethereum
binance-smart-chain
solana
arbitrum-one
Distributed airdrop valued at $200 per recipient in 2025.
Skate establishes a two-way liquidity partnership with OKX DEX, functioning as both a liquidity provider and liquidity consumer.
1.2 million+ SKATE tokens bought back.
Binance Futures closes all SKATEUSDT perpetual contract positions with automatic settlement on December 10, 2025 at 09:00 UTC.
A single cross-chain liquidity pool for MON-USDC pair operates across both Monad and Solana networks.
The AMM launches on Monad with 10,000 USDC in incentives available.
A single shared liquidity pool for MON launches on Day 1, bridging Monad and Solana chains.
The AMM will be live on Monad mainnet from Day 1 of Monad's launch.
The platform has settled over $12 million in trading volume on Jupiter Exchange's JupiterZ product using pulse quoting design.
Epoch 3 Incentives are now available to claim on Solana through the AMM platform.
The first snapshot date is approaching. (ID: 1988461410637279361)
The platform expands beyond its AMM origins to power applications across all web3 segments, with documentation now available for preview.
Sui Pool Party liquidity incentive program goes live on Sui Network with over 10K USDC in rewards for liquidity providers.
New incentivized stablecoin pool oUSDT/USDC.e launches on 0G Labs Mainnet for liquidity providers.
The 0G Labs integration is now live with yields exceeding 6000% APY available in the st0G-W0G pool.
The platform offers per-map betting functionality for esports matches, providing more granular betting options compared to competitors like Polymarket.
The AMM undergoes a scheduled upgrade tomorrow between 11 am - 1 pm SGT (UTC+8) to enable support for new features.
First epoch incentives are ready to claim.
A sell position was subject to Auto-Deleveraging (ADL) due to extreme market conditions.
The AMM has settled over 500,000 swaps across five major blockchain networks (Solana, Sui, Hyperliquid EVM, BNB Chain, Base), showing strong early traction.
The flagship AMM product is now rolling out, unifying liquidity across all ecosystems with singular liquidity pools on any VM.
The first comprehensive audit of the AMM has been completed with Nethermind Security, featuring novel stateless design patterns across multiple blockchain VMs, with development now ready to accelerate forward.
First governance proposal opens for voting, marking initial DAO activity.
AMM liquidity provisioning enters final testing phase while undergoing audit review.
5 billion tokens now restaked on AVS, representing 1000x growth; protocol completes audit and initiates DAO structure with future buybacks planned.
Protocol maintenance and periphery contract upgrades scheduled for 6:00 AM UTC with 1-hour downtime.
AMM expanding to include $ES integration.
ezSKATE distribution begins for stakers, with minting and burning features launching next week alongside expanded distribution to eigenlayer AVS stakers.
Airdrop claim window closes in 9 hours for eligible recipients.
Major stateless infrastructure upgrade enhances security; permissionless liquidity provision coming in next AMM phase.
5M tokens staked on eigenlayer AVS; AMM and Sequencer fees distribution announced for June 30th stakers.
Reward distribution set for July 4th, including sKAITO stakers, leaderboard participants, and referral trading contributors; additional boost available for SKATE stakers until June 30th.
AMM launches on Pyth Network Express Relay with MEV-free execution, accessible via Jupiter, Kamino, and Titan DEXes.
Strategic partnership with Nethermind established for onchain/offchain security infrastructure and DVN token support.
Staking rewards program launches with first distribution period ending June 18 at 23:59 UTC
Additional airdrop of 409 tokens distributed to previous claim participants.
Multi-protocol USDC airdrop collaboration distributes $2.5k to content creators through partnership with Kaito AI and DeFi.app
AMM users can earn share of 10M tokens ($500k) through volume-based rewards until June 30th snapshot; current qualification threshold at $100k volume.
AMM secures $2.8B economic backing through Eigenlayer AVS; stakers to receive 100% of revenue.
AMM functionality integrates with Claude AI, enabling text-prompt-based operations.
Token claims are now live on Kaito platform.
Initial supply allocation of 51bps complete; 44bps distribution scheduled for June 30.
Official contract addresses published for ETH, BNB, SOL, and ARB chains with warning about fake tokens.
Token launches on Stargate Finance platform, expanding cross-chain liquidity options.
Token lists on BybitSpot with 9,000,000 SKATE prize pool for traders and depositors.
New platform integration with FOMO platform announced.
Binance airdrop offers 800 SKATE tokens for users with 236+ Alpha points, requiring 15-point consumption and 24-hour claim.
Token lists on Binance Alpha at 10:00 UTC with pre-market price of $0.154 (FDV $154M)
Adopts LayerZero OFT standard with Day 1 deployment across four major networks: Solana, Ethereum, BNB Chain, and Arbitrum.
Native.fi integration enables zero-slippage liquidity across Ethereum and BNB Chain networks.
Airdrop checker tool released for token distribution verification.
Binance Alpha implements new points consumption mechanism ahead of June 9 listing.
Pre-deposit window for airdrop allocations opens on Bitget and KuCoin until June 7, 10 AM UTC, with claims starting June 9.
Airdrop eligibility checker tool launches for verification of participation status.
Binance lists SKATEUSDT spot and futures pairs on June 9, 2025, with futures offering 50x leverage.
New Bybit Megadrop offers $MNT staking for $SKATE rewards, following previous drops with 182% and 42% APY.
Initial airdrop confirmed at 10% of total supply, distributed across Ollies points system, Range Protocol participants, EigenLayer ecosystem, and Kaito community.
Platform reaches $500M+ in settled transactions with $18K+ AVS fees generated.
AVS implementation achieves $500M trading volume and generates $18K in fees through EigenLayer integration.
VC-backed project engaging in aggressive promotional activities with pressure for quick investor returns.
Token distribution includes 1% allocation for early yappers, Kaito ecosystem, and top 20k AMM contributors.
AMM snapshot and wallet binding deadline extended to June 3rd, 2025 23:59 UTC, requiring EVM wallet binding for Solana users.
AVS launches on EigenLayer with fee redistribution mechanism for restakers.
Infrastructure layer token launch confirmed for early June.
Strategic partnerships revealed with six crypto projects, expanding presence in South Korean market through Seoul event.
Season 1 ends June 3 00:00 UTC with final Ollie snapshot. EVM wallet binding required by June 2 23:59 UTC via Skate Park.
Market attention drops to 0.4% mindshare on Kaito boards, placing project among lowest discussed protocols.
Token Generation Event (TGE) is imminent, marking final opportunity for Kaito points accumulation.
Virtuals.io integration requires 5,000 sKAITO ($11,200) or YT-sKAITO ($773) for qualification, offering 10.5% APY and access to 13+ ecosystem airdrops.
New incentive program launches for D'cent wallet users on the platform.
Reward distribution timeline compressed from 6 months to 6 weeks, accelerating token distribution schedule.
New AMM launches with referral system and campaign integration.
Technical issues reported with leaderboard eligibility system affecting top participants.
Token distribution timeline compressed from 6 months to 6 weeks while maintaining 1% total supply for rewards.
Kaito earn platform displays June 9th claim date, with new campaign allocating 0.5% of total token supply to AMM users.
AMM platform transitions from limited access to full public availability with referral-based trade rewards.
SOL/USDC trading pair launches across Solana, Base, BNB Chain, and Arbitrum networks, marking first Wormhole NTT token standard implementation with shared liquidity state.
New campaign launches with project returning to top 20 mindshare rankings, while offering 1% token supply through KaitoAI rewards program.
Cross-chain AMM is preparing for mainnet launch
Cross-chain AMM achieves $90M trading volume in first 10 days, shares revenue with Eigenlayer operators.
3.9M participants have earned 3.2B points with 2x permanent multiplier until TGE, while enabling Polymarket access through Eclipse integration.
New AMM launches on Solana blockchain, operational for one week.
New USR-USDC liquidity pools deployed with cross-chain functionality across Base, BNB Chain, and Ethereum; trading access launches next week.
AMM enters maintenance mode temporarily due to upcoming Pectra upgrade.
New AMM protocol launches on Solana with 1,000 early access spots available.
Trading fees now accumulate in AVS war chest, secured by $2B+ in staked ETH via EigenLayer.
New fee distribution model directs 33% of AMM trading fees to Eigenlayer AVS with $2B+ security backing.
New cross-chain AMM launches with 13M trading volume in first days, connecting major chains including Solana, Ethereum, Sui.
New AMM achieves $7.5M weekly trading volume with $60k inventory while securing partnerships with TokkaLabs, Selini Capital, and Flowdesk for cross-chain liquidity provision.
Trading volume surpasses $12M milestone on native AMM.
New partnership with Nucleus enables instant cross-chain withdrawals, eliminating 3-7 day waiting periods.
Active airdrop campaign via Kaito platform is generating significant community attention.
Beta access rollout begins, marking first major platform release phase.
TokkaLabs integrates protocol as liquidity venue across Solana, Sui, and all EVM chains.
New AMM dashboard launches on Flipside Crypto, developed by community contributor.
1% of total token supply available through Kaito platform engagement rewards.
TGE includes 1% allocation to yap leaders.
Project allocates 1% of total token supply for community incentives pre-TGE.
Confirmed leaderboard rewards program offering 1% of total token supply to participants.
New reward program launches with 1% allocation distributed over 6 months to minimum 50 verified leaderboard contributors monthly.