DeGate
DeGate is a self-custodial multichain crypto wallet offering cross-chain swaps, DeFi yield earning, and on-chain stock trading across 17 blockchains. It targets crypto-native retail users, particularly EU-based holders seeking CEX alternatives amid DAC8/CARF reporting obligations.
- Company typePrivate
- Founded2022
- HeadquartersHamburg, Germany
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What DeGate does
DeGate is a self-custodial multichain crypto wallet that serves crypto-native retail users, DeFi yield seekers, and EU-based crypto holders seeking CEX alternatives. Founded in 2022 as a zkRollup-based order book DEX on Ethereum, the company pivoted in December 2024 to a consumer wallet product and sunset the original DEX in June 2025; the wallet is now its sole product. The platform combines cross-chain swap, concentrated-liquidity provision (Turbo Range), curated yield vaults (Simple Earn), and zero-fee trading of tokenized stocks and RWAs (xStocks via Backed Finance, Ondo Finance assets) across 17 blockchains, with automatic gas management and no account registration or KYC required.
The underlying technology relies on a solver-based cross-chain router that finds optimal execution paths across 10M+ tokens, integrating Raydium CLMM and Uniswap V3 for LP, Morpho and Kamino for lending, Hyperliquid for perpetuals, and Bitrefill for gift cards. Smart contracts are open-sourced on GitHub, and the Solana LP Handler was audited by Adevar Labs in March 2026. The product is distributed exclusively via app stores and web (iOS, Android, app.degate.com), with no physical retail, reseller, or enterprise sales motion.
DeGate generates revenue almost entirely from transaction-based swap fees (0.01% on stablecoins, 0.1% on major native assets, 0.25% on other tokens), with xStocks, Ondo RWA assets, USDC bridging, Simple Earn, Turbo Range deposits/withdrawals, and sends explicitly free of DeGate fees. The company is privately held by Home DAO with DeGate Inc. as operating entity, has only 11-50 employees, and has disclosed a single $990K founder financing in 2022 at a ~$5M pre-money valuation; no follow-on external funding rounds are referenced. The DG token (ERC-20, 1B supply) governs Home DAO, with 44% allocated to incentives, 20% financing, 19.8% founder (4-year vest), 9% business development, 5.2% reserve, and 2% liquidity pool.
DeGate firmographics
Firmographics- Name
- DeGate
- Legal name
- DeGate Inc.
- Website
- https://degate.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- DeGate is a self-custodial multichain crypto wallet offering cross-chain swaps, DeFi yield earning, and on-chain stock trading across 17 blockchains. It targets crypto-native retail users, particularly EU-based holders seeking CEX alternatives amid DAC8/CARF reporting obligations.
- Ownership category
- akta.pro rank
DeGate industry classification
Industry- Product category
- Crypto Wallet
- NAICS
- Securities and Commodity Exchanges (523210)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- DEX Aggregation & On-Chain Execution (routing, RFQ, intent-based trading) (FSAPAEAD)
- akta.pro secondary industry
- DAO Treasury, Governance & On-Chain Finance Tools (FSADAMAL)
Keywords
Where DeGate is headquartered
LocationHeadquarters
- HQ city
- Hamburg
- HQ country
- Germany
- HQ region
- Europe
Markets served
DeGate business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- Swap Fees (Cross-Chain Swap): DeGate charges swap fees on cross-chain transactions executed through its solver-based routing. Fee tiers: 0.25% for tokens not otherwise listed (default), 0.1% for major native assets (BTC, ETH, SOL, BNB, AVAX, APT, POL, S, OKB, MON, WLD), 0.01% for stablecoins (USDC, USDT and most stablecoins). Zero fee for xStocks and Ondo Finance RWA assets. No subscription fees, no hidden charges, no monetization of user data.
- Zero-Fee Products (xStocks, USDC Bridge, Simple Earn): xStocks trading, Ondo RWA asset trading, USDC bridging across 10+ chains, Simple Earn deposits, and all sends (same-chain and cross-chain) generate no DeGate revenue. These are fee-waived features used to attract and retain users. Gas costs are covered automatically from user balances (not a separate revenue line).
- Turbo Range (LP Gas Handling): Turbo Range deposits and withdrawals are free of DeGate fees. Standard on-chain gas costs are handled automatically and deducted from balance. Gas cost is a pass-through, not a margin-generating line.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Zero fee: xStocks and Ondo RWA assets |
| Transaction based/ take rate | Pay-as-you-go | 0.01%: Stablecoins |
| Transaction based/ take rate | Pay-as-you-go | 0.1%: Major native assets |
| Transaction based/ take rate | Pay-as-you-go | 0.25%: All other tokens |
| Transaction based/ take rate | Pay-as-you-go | Free: USDC bridging |
| Freemium | Pay-as-you-go | Free: Simple Earn |
| Transaction based/ take rate | Pay-as-you-go | Free: Sends (same-chain and cross-chain) |
| Freemium | Pay-as-you-go | Free: Turbo Range deposits and withdrawals |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels8 records
DeGate product offering
Product offeringCore offering
DeGate is a self-custodial multichain crypto wallet that combines solver-based cross-chain swap across 17 blockchains, integrated DeFi yield earning via concentrated liquidity (Turbo Range) and curated vaults (Simple Earn), and zero-fee 24/7 trading of 100+ tokenized stocks and real-world assets (xStocks and Ondo RWA). Users control their private keys, need no account registration or KYC, and never need to manually bridge or hold native gas tokens.
Product overview
DeGate is a self-custodial multichain crypto wallet that evolved from a zkRollup order book DEX (2022–2025) into its current form launched December 2024. The core product is a unified wallet combining five integrated capabilities: (1) Swap — solver-based cross-chain swapping across 17 blockchains with automatic gas management; (2) Turbo Range — concentrated liquidity provision on Uniswap V3 and Raydium CLMM for APYs up to 100%+; (3) Simple Earn — curated yield vaults powered by Morpho and Kamino with APYs of 3–10%; (4) On-Chain Stocks — zero-fee trading of 100+ xStocks (Backed Finance tokenized equities) and Ondo Finance RWA assets, settled in USDC, tradeable 24/7; and (5) USDC Bridge — instant 1:1 bridging across 10+ chains at zero cost. Additional features include perpetual futures via Hyperliquid and gift card purchasing via Bitrefill, both accessible through the wallet's in-app Web3 browser. The DG token (ERC-20, 1B supply) governs DeGate DAO. The DeGate Playbook provides supplementary educational content on self-custody and EU regulatory compliance.
Differentiator
Problem solved
Functional benefit
Products and services
- DeGate Self-Custody Wallet A self-custodial multichain crypto wallet available on iOS, Android, and web that combines cross-chain swapping, DeFi yield earning (Turbo Range and Simple Earn), and on-chain stock trading across 17 blockchains in a single interface. Users control their own private keys; DeGate never has access to funds, and no account registration or KYC is required.
- Swap (Cross-Chain Swap) Solver-based cross-chain routing that finds optimal swap paths across 17 blockchains in one click, supporting 10M+ tokens. Users deposit USDC from any chain and receive any token on any supported chain without manual bridging or holding gas tokens.
- Turbo Range One-click concentrated liquidity provision feature that lets users deposit a single token (e.g., USDC) or dual assets into a price range and earn fees when trades execute within that range. Powered by Raydium CLMM (Solana) and Uniswap V3 (Base/Ethereum), with 15 products including crypto, tokenized stocks, and commodities and APYs up to 100%+.
- Simple Earn Curated yield vaults that let users deposit USDC or SOL to earn stable returns without managing complex DeFi strategies. APYs typically 3–8%, reaching 10%+ in favorable conditions; no DeGate fees, with all yield going directly to users.
- On-Chain Stocks (xStocks & Ondo RWA)
Quantifiable outcome
- Up to 100%+ APY on Turbo Range concentrated liquidity positions
- +7 more outcomes
Companies that use DeGate
Customer profileSegments4 records
Ideal customer profiles4 records
DeGate technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
Feature7 records
DeGate partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core.
- MorphocoreMorpho powers Simple Earn USDC vaults on Ethereum. DeGate users deposit USDC into Morpho lending pools via the Simple Earn interface, earning 3–8% APY (up to 10%+ in favorable conditions) with no DeGate fees.
- Kamino (Solana)coreKamino (Solana) powers Simple Earn USDC and SOL vaults via Kamino Jito Market on Solana. DeGate users can deposit USDC from any chain (auto-routed to Solana) or deposit SOL directly to earn yield.
- Raydium CLMMcoreRaydium's Concentrated Liquidity Market Maker (CLMM) protocol powers Turbo Range LP pools on Solana. DeGate's Turbo Range integrates Raydium for concentrated liquidity provision across crypto, tokenized stock, and commodity pools.
- Uniswap V3coreUniswap V3 powers Turbo Range LP pools on Base and Ethereum. DeGate's Turbo Range integrates Uniswap V3 for concentrated liquidity provision, enabling users to earn fees from price fluctuation within set ranges.
- Backed Finance (xStocks)coreBacked Finance issues xStocks — tokenized real-world equities (TSLAx, NVDAx, AAPLx, MSFTx, etc.), indices (SPYx, QQQx), and commodities (GLDx) — backed 1:1 by underlying assets. DeGate supports 100+ xStocks with zero swap fees, 24/7 trading, fractional positions, settled in USDC.
- Ondo FinancecoreOndo Finance RWA assets are supported on DeGate with zero swap fees. Ondo assets (sValue tokens representing tokenized real-world assets) trade 24/7, fractional, and settled in USDC on DeGate.
Scale indicators7 records
Recent moves7 records
Expansion highlights6 records
DeGate competitors and assessment
Company assessmentDirect peers
- MetaMask: The leading self-custodial multichain wallet by Consensys, supporting EVM chains and increasingly Solana and other networks. Directly competes with DeGate on cross-chain swap and DeFi access, though MetaMask lacks integrated tokenized stock trading and zero-fee USDC bridging.
- Phantom: Self-custodial multichain wallet with strong Solana and EVM support. Competes directly with DeGate on cross-chain swap UX, integrated DeFi access, and tokenized asset trading. Phantom has a larger user base and team but is Solana-anchored.
- Zerion: Self-custodial multichain wallet with built-in DeFi portfolio tracking, swap, and yield aggregation. Direct competitor to DeGate across cross-chain swap, DeFi yield, and integrated UX. Zerion focuses more on portfolio management, DeGate on swap/route optimization.
- 1inch Wallet: Self-custodial wallet from the 1inch DEX aggregator team, leveraging best-in-class routing across EVM chains. Direct competitor on cross-chain swap routing; DeGate differentiates with integrated tokenized stock trading and LP/yield products.
- Rabby: Self-custodial multichain wallet by DeBank, focused on EVM chains with strong DeFi UX. Competes directly with DeGate on cross-chain swap and integrated DeFi access, though Rabby does not support tokenized equities or Solana.
- Rainbow: Self-custodial EVM wallet with strong consumer UX. Competes with DeGate on user-friendly self-custody, but narrower in chain coverage and DeFi integration depth compared to DeGate's 17-chain support.
Broad incumbents
- Trust Wallet: Binance-owned self-custodial multichain wallet with broad token coverage and integrated swap/buy features. Competes with DeGate on cross-chain swap target market, but with significantly larger distribution (Binance ecosystem) and broader feature set.
- OKX Wallet: Self-custodial multichain wallet from OKX, supporting 50+ chains with integrated swap, DeFi, and tokenized assets. Direct competitor on cross-chain swap and tokenized equities; significantly larger team and exchange distribution.
Emerging players
- Jupiter: Solana-anchored DEX aggregator with growing wallet functionality. Competes with DeGate on Solana swap routing and integrated UX; Jupiter is Solana-only today, while DeGate is multichain.
Others
- Backed Finance: Issuer of xStocks tokenized equities integrated into DeGate (100+ tokenized stocks). Not a direct competitor but a key partner and ecosystem participant — analogous to Ondo Finance, which is similarly a partner rather than competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights6 records
Customer concentration
DeGate social profiles
Digital presenceDeGate compliance and trust
Trust signalCompliance4 records
DeGate financial estimates
Financial estimateRevenue estimate
Valuation estimate
DeGate leadership team
Management profileNumber of profiles
DeGate funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
DeGate M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about DeGate
What does DeGate do?
DeGate is a self-custodial multichain crypto wallet that combines solver-based cross-chain swap across 17 blockchains, integrated DeFi yield earning via concentrated liquidity (Turbo Range) and curated vaults (Simple Earn), and zero-fee 24/7 trading of 100+ tokenized stocks and real-world assets (xStocks and Ondo RWA). Users control their private keys, need no account registration or KYC, and never need to manually bridge or hold native gas tokens.
Is DeGate a public or private company?
DeGate is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was DeGate founded?
DeGate was founded in 2022. It employs 11 to 50 people.
Where is DeGate based?
DeGate is headquartered in Hamburg, Germany, in the Europe region.
How does DeGate make money?
Three revenue lines are on record. Swap Fees (Cross-Chain Swap) is the primary driver. The others are zero-Fee Products (xStocks, USDC Bridge, Simple Earn) and turbo Range (LP Gas Handling).
Who are DeGate's main competitors?
Direct peers on record are MetaMask, Phantom, Zerion, 1inch Wallet, Rabby and Rainbow. Broad incumbents are Trust Wallet and OKX Wallet. Jupiter is listed as an emerging player. Backed Finance is listed as an others.
Does DeGate have an API?
No public API is recorded for DeGate.
What industry is DeGate in?
DeGate's product category is Crypto Wallet. Its primary akta.pro industry code is FSAPAEAD, DEX Aggregation & On-Chain Execution (routing, RFQ, intent-based trading), with a secondary code of FSADAMAL, DAO Treasury, Governance & On-Chain Finance Tools. Its NAICS code is 523210 and its SIC code is 6200.