Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
 of the Ethereum Layer2 network Mode Network has fallen by 99% from its peak of $582 million in May 2024 to about $4 million. The price of the network’s native token MODE has dropped over 98% from its historical high. After receiving a $5.3 million grant from the Optimism Foundation in January 2024, Mode Network attracted a large amount of liquidity in a short period through an airdrop incentive campaign. However, as the incentives decreased, its more than 50 DeFi projects on-chain are now generating almost no actual revenue. Notably, the official website still shows a TVL of $500 million, which is in serious contradiction with on-chain data.