SKATE Makes BitMart Debut as Cross-Chain Interoperability Gains Traction

BitMart Exchange has officially announced the primary listing of Skate (SKATE) — a blockchain infrastructure project that enables decentralized applications (dApps) to run natively across multiple virtual machine environments. The SKATE/USDT trading pair will go live at 10:00 AM UTC on June 9, 2025, with deposits already open.

This move reflects growing momentum in the development of multi-chain and cross-environment Web3 infrastructure, where developers and users are seeking ways to operate seamlessly across blockchain platforms.

What Is Skate?

Skate is not just another altcoin. It’s a multi-VM infrastructure layer, aiming to break down technical barriers between blockchains. Traditionally, dApps built on Ethereum (or any EVM-based chain) are locked into that ecosystem. If a developer wants their app to work on Solana, Aptos, or other chains with different execution environments like SVM or MOVE VM, they need to rebuild or use complex bridges.

Skate simplifies this. It lets EVM apps run inside other environments — such as Solana’s SVM or Aptos’ MOVE VM — without code rewrites or wrappers. This allows developers to build once and deploy across chains, unlocking broader reach with less engineering effort.

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The Core: Skate’s Cross-VM AMM

At the heart of the Skate ecosystem is its automated market maker (AMM) — but it’s not like others. Most AMMs are built for a single chain. Skate’s AMM uses a shared liquidity curve across all supported virtual machines, making it one of the first to unify trading and pricing mechanisms across environments.

This means users and protocols on different chains can tap into the same pool of liquidity, improving efficiency and reducing slippage. Liquidity providers benefit too, as their capital is used more effectively, without needing to manage separate pools across ecosystems.

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Why Cross-VM Matters

With the rise of modular and app-specific chains, blockchain fragmentation is a real problem. Every chain has its own tooling, smart contract language, and community. For developers, this often means maintaining several versions of the same dApp. For users, it results in a scattered experience.

Skate tackles this fragmentation at the execution layer, connecting virtual machines — not just tokens. It allows EVM-based applications to operate in non-EVM environments, facilitating true interoperability. This could transform how developers think about scaling and how users interact with apps across blockchains.

Skate (SKATE) Listing Details

• Token: Skate (SKATE)
  
• Pair: SKATE/USDT
  
• Exchange: BitMart
  
• Trading Start: June 9, 2025, at 10:00 AM UTC
  
• Deposits: Already live
  

Closing Thoughts

BitMart’s listing of Skate underscores a broader trend in crypto — the push toward chain-agnostic application infrastructure. While many projects focus on speed or scalability, Skate is aiming for true environment interoperability, allowing applications to function across chains without modification.

Still, it’s important to stay cautious. Like any new tech-layer project, success will depend on security, adoption, and continued development. But if Skate delivers, it could be a crucial bridge across today’s fragmented blockchain landscape.