Image:https://www.gate.com/trade/GOOGLX_USDT

Who is the tech giant behind GOOGLX?

Alphabet Inc. is a global leading technology group, owning the search engine Google, video platform YouTube, cloud service Google Cloud, and several artificial intelligence laboratories, making it a core player in the three major tracks of AI, cloud computing, and advertising.

Alphabet’s financial performance has been consistently strong over the long term, attracting global investors. However, there are barriers to participating in the fluctuations of Alphabet’s stock price in the traditional stock market. GOOGLX, on the other hand, offers users a more convenient on-chain access channel through tokenization.

What is GOOGLX?

GOOGLX is a tracking certificate based on Solana SPL and Ethereum ERC-20, with its price anchored to the valuation performance of Alphabet.

It does not represent direct ownership of traditional stocks, but reflects the stock price trends of Alphabet through on-chain mechanisms, allowing users to conduct convenient transactions using stablecoins like USDT and participate in fluctuations at any time.

Technical foundation of GOOGLX: Dual-chain issuance

GOOGLX has good cross-chain circulation capabilities:

• SPL version: Suitable for the fast transaction speed and low cost of the Solana network
• ERC-20 version: Easily integrated into mainstream DeFi protocols, highly compatible.

This “dual-chain layout” allows GOOGLX to navigate freely across multiple trading environments, making it easy for users to choose trading scenarios based on their needs.

The GOOGLX perpetual contract is now live on Gate.

On July 5, 2025, GOOGLX officially launched in the Gate xStocks section, supporting perpetual contract trading with leverage from 1 to 10 times, settled in USDT, allowing users to operate in both directions (long/short).

At the same time, Gate is conducting the xStocks special area activity, including:

• New users receive contract vouchers for completing their first order.
• Daily trading achievement cashback
• Active users participate in lotteries and share points.

For both new and old users, this is a great opportunity to participate in tokenized technological assets with a low entry barrier.

The potential advantages and risks of investing in GOOGLX

Advantages:

• Convenient trading: 24/7 trading without traditional market hour restrictions.
• Flexible funds: USDT can be traded without the need for USD deposits.
• Long and Short: The contract tool supports various strategies.
• Technical transparency: on-chain issuance, on-chain settlement, enhancing trust.

Risk:

• Not actual shares, no rights to dividends or voting.
• Market prices may deviate from expectations due to liquidity.
• Leverage trading can amplify profits as well as risks.

Conclusion: GOOGLX is a new attempt to connect traditional tech giants with the crypto ecosystem, retaining the pricing logic of traditional stocks while incorporating the liquidity and accessibility of on-chain finance. For users who are interested in the valuation of Alphabet and wish to participate in an on-chain manner, GOOGLX is worth a deeper understanding.