DEXes · Review
ActiveDeGate Review 2026: From ZK Order Book DEX to Wallet
DeGate started as an app-specific ZK rollup with a decentralized order book on Ethereum and now presents itself as a multichain self-custody wallet with tokenized stocks. It is worth a look for self-custody traders, but fees and audit details are not published in the material reviewed.
By the DappsAtlas editorial team · Updated
DappsAtlas score
6.8/10
Good
Our verdict on DeGate
6.8/10DeGate suits self-custody users who want an order book exchange or a single wallet that spans many chains and offers tokenized stocks. Its main strength is the combination of self-custody, a unified balance and automatic gas handling. The main caveat is transparency: fees, audit details, team and tokenized stock backing are not published in the material reviewed, so verify them in the app and the project's documentation before depositing meaningful funds.
Score breakdown
How DeGate scores
- Security
- 6.5/10
- Ease of use
- 7.0/10
- Fees
- n/a
- Features
- 7.0/10
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is DeGate?
DeGate began as an app-specific ZK rollup on Ethereum built to run a decentralized order book exchange. It was listed on DeFiLlama in December 2023 as a DEX, with the token DG and two audits listed.
The product has since widened. The current homepage and app store listing describe a multichain self-custody wallet with one unified balance across 16+ chains, including Ethereum, Solana, Base, Arbitrum and BNB Smart Chain. The homepage promotes trading tokenized stocks and ETFs with the line that users keep custody of their assets.
A recent app store update mentions single USDC deposits and swaps on any chain. The project does not publish a team, fee table or audit reports in the material reviewed, so users have to check those directly in the app and documentation.
How DeGate works
DeGate's original product is a ZK rollup built for one application: a decentralized order book exchange. Trades are batched and settled on Ethereum with zero-knowledge proofs, so the rollup can run fast and cheaply while Ethereum checks the results. Users place buy and sell orders at set prices, and the order book matches them.
The current front end is a multichain self-custody wallet. It shows one unified balance across 16+ chains, and the project says there is no manual bridging and that gas is handled automatically. The idea is that a user deposits once and can then act on different chains without moving funds by hand.
The homepage also highlights tokenized stocks and ETFs, which are onchain tokens that track the price of traditional securities. How these tokens are issued and backed is not explained in the material reviewed.
6 features
Key features
01
ZK rollup order book
The exchange runs as an app-specific ZK rollup on Ethereum. Trades are matched through an order book rather than a pooled automated market maker.
02
Self-custody wallet
Users hold their own keys in the DeGate Wallet, so no company holds the funds in a custodial account.
03
Unified multichain balance
The wallet shows one balance across 16+ chains, including Ethereum, Solana, Base, Arbitrum and BNB Smart Chain.
04
Tokenized stocks and ETFs
The homepage promotes trading tokenized stocks and ETFs onchain, which sets it apart from most crypto-only wallets.
05
Automated gas and bridging
The project says users need no manual bridging and that gas is handled automatically, which lowers friction across chains.
06
Limit and grid trading
The exchange side advertises free limit order trading and grid trading, tools that suit users who prefer order books over swaps.
Pros and cons
What we like
- Self-custody design means users keep their own keys.
- The order book model with free limit orders suits traders who want price control.
- One unified balance across 16+ chains reduces manual bridging.
- Gas is handled automatically, which removes a common beginner hurdle.
- Offers tokenized stocks and ETFs alongside crypto assets.
- Two audits are listed for the project.
Watch out for
- Fee schedules for trading, withdrawals and tokenized stock products are not published on the pages reviewed.
- The product has moved from an Ethereum-only ZK rollup exchange to a multichain wallet, so older descriptions of it may not match the current app.
- Tokenized stocks and ETFs carry issuer, custody and regulatory questions that the project's pages do not explain.
- Audit names and reports are not named, even though two audits are listed.
- Order book depth for smaller pairs is not published, so slippage on thin markets is unknown.
- Reported TVL is not available, which makes it hard to judge how much capital uses the exchange.
DeGate fees
DeGate describes its exchange as low-fee and mentions free limit order trading. A full schedule covering trading fees, withdrawal charges and any costs on tokenized stock products is not published in the material reviewed.
In the wallet, the project says gas is handled automatically, but it does not say how that cost is charged. Users should check the quoted cost in the app before confirming any trade or transfer.
Is DeGate safe?
DeGate is described as self-custody, so funds sit with the user instead of a company. The main risks are then the user's key management, smart-contract or rollup bugs, and any bridge or cross-chain mechanism behind the unified balance. Two audits are listed for the project, but the auditors and findings are not named in the material reviewed.
Tokenized stocks add counterparty and regulatory questions, because their value depends on how the tokens are issued and backed. The project does not publish licensing information in the material reviewed. Check that these products are available and legal where you live, and only commit funds you can afford to lose.
6 steps
How to get started with DeGate
- 1
Download the DeGate Wallet from the official app page or an official app store listing, and confirm the developer is DeGate Inc.
- 2
Create a new wallet and write down the recovery phrase offline. Never share it.
- 3
Fund the wallet with a supported asset such as USDC or ETH on one of the supported chains.
- 4
Review the quoted fees and any gas handling shown in the app before your first trade.
- 5
Start with a small amount to learn how swaps, limit orders or tokenized stock trades work.
- 6
Check that the assets you want are available and legal for you to trade where you live.
Who DeGate is for
DeGate is for crypto users who want to keep their own keys while trading across several chains from one balance. It also suits people curious about tokenized stocks and ETFs, and traders who prefer limit orders and order books over simple swaps. Newcomers should start small and read the fee quotes carefully.
DeGate FAQs
What is DeGate?
DeGate describes itself as an app-specific ZK rollup that runs a decentralized order book exchange. More recently it has also been promoted as a multichain self-custody wallet with a unified balance across 16+ chains and trading of tokenized stocks and ETFs.
Is DeGate a self-custody wallet?
The wallet is described as self-custody, which means users hold their own keys rather than depositing funds with a company. As with any self-custody wallet, losing your recovery phrase can mean losing access to funds.
Which blockchains does DeGate support?
The wallet description names Ethereum, Solana, Base, Arbitrum and BNB Smart Chain among 16+ supported chains. The original exchange ran on Ethereum as a ZK rollup.
Can I trade stocks on DeGate?
The homepage says users can trade tokenized stocks and ETFs onchain. Details such as which assets are listed, who issues them and any regional restrictions are not published on the pages reviewed, so check the app before relying on it.
Does DeGate have a token?
DeGate has a token, DG. The material reviewed does not describe its utility in detail, so check the project's own documentation before buying it.
What are DeGate's fees?
The project describes the exchange as low-fee and mentions free limit order trading, and says gas is handled automatically in the wallet. A full fee table is not published in the material reviewed, so users should check the fees shown in the app before trading.
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How we checked
Sources
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