# GateVenturesAcquiresPerpDEXADEN

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All in Web3! Gate Ventures has completed the strategic acquisition of ADEN, the world’s third-largest decentralized perpetual exchange. ADEN will migrate to Gate Layer and is set to go live on November 3! What are your expectations? Share your thoughts!

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Gate's venture capital arm, Gate Ventures, has announced the completion of its strategic acquisition of the decentralized crypto assets perpetual futures trading exchange (Perp DEX) "ADEN". According to CoinMarketCap data, the platform ranks 3rd among decentralized perpetual futures trading exchanges globally, with a monthly trading volume exceeding 20 billion USD and a total user base of over 200,000 worldwide.
This acquisition is one of Gate's important strategic initiatives to expand the decentralized derivatives market, marking a further implementation of its "All in Web3" strategy
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