New York, USA – Gasp has announced the launch of the Alpha Phase for its groundbreaking cross-chain decentralized exchange (DEX), marking a significant step towards unifying disparate digital asset markets. Announced on December 8, this phase introduces Gasp’s first live product: a secure, gasless cross-chain DEX facilitating native transactions across Ethereum, Arbitrum, and Base blockchains. As the inaugural retail DEX and decentralized application (DApp) within the EigenLayer ecosystem, Gasp allows users to directly engage with EigenLayer, highlighting its role as a cutting-edge blockchain infrastructure solution.
Through the Alpha Phase, early users can experiment with features like cross-chain swaps, liquidity pools, and reward systems prior to the mainnet launch in 2025. As Gasp's ecosystem expands, plans to incorporate more EVM-compatible chains, such as Optimism, Scroll, and Blast, are underway.
"The Alpha Phase launch embodies our mission to inject simplicity, security, and scalability into the digital asset sphere," said Peter Kris, Co-Founder and CEO of Gasp. "This crucial milestone provides our community the capability to trade seamlessly across different chains and foster innovative liquidity solutions."
In conjunction with the launch, Gasp is introducing its native token, the GASP token, through a designated community pool. Straying from traditional Token Generation Events (TGEs), Gasp’s community-centric model allows users to access GASP tokens early alongside strategic investors. During the Alpha Phase, the GASP token is non-transferable and exclusively accessible through the DEX, enabling participants to explore its key functionalities firsthand.
Gasp stands out from conventional bridging solutions that often compromise security for ease of use. By utilizing Ethereum-native protections via EigenLayer, Gasp ensures both native cross-chain security and convenience. The Alpha Phase will concentrate on enriching liquidity in high-demand pools, demonstrating its capability to efficiently and securely link varied blockchain networks.
"This Alpha Phase marks only the starting point," Kris added. "Our vision extends well beyond digital assets. By bridging blockchain and traditional financial markets, we are building a revolutionary cross-market settlement platform poised to redefine global finance."
