GateToken (GT) is the token issued by the crypto exchange Gate. Lin Han founded Gate in 2013, and in 2025 the exchange rebranded from Gate.io to Gate.com.
GT first appeared in 2019 as the native token of GateChain. Since then, it has grown into a token that links exchange perks with an on-chain ecosystem.
GT holders on the Gate exchange can get fee discounts, join new token events and access VIP benefits. GT is also used for payments and promotions within the exchange.
As of 2026, GT is the only gas token on Gate Layer, a Layer 2 network built on the OP Stack. Gate Layer is EVM-compatible, so apps built for Ethereum can be moved over with relatively little work.
Data provided by CoinGecko
GT started with a supply of 300 million tokens, and Gate continues to buy back and burn GT every quarter. After the Q3 2026 burn, about 191.9 million GT had been burned in total, roughly 64 percent of the starting supply.
In 2026, about 2.56 million GT were burned in Q1, about 2.57 million in Q2 and about 1.99 million in Q3. Burned tokens go to a burn address, and anyone can check the records on-chain.
GT has two sources of demand, exchange perks and Layer 2 gas fees, and its supply shrinks through regular burns. Because burn records are public, the model is also relatively transparent.
At the same time, GT's value depends heavily on the performance, reputation and regulatory standing of a single company, Gate. Exchange tokens can be hit by regulatory changes in different countries or by operational problems, so it is worth checking official sources before using one.
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