Gate News bot message, according to the official Gate announcement on February 2, 2026
Gate DeFi Zone will launch Echelon (ELON) spot trading for the first time on February 2 at 23:00 (UTC+8). The ELON/USDT trading pair is now open for trading.
Echelon Market is a decentralized, non-custodial lending protocol designed specifically for the Move programming language. The protocol has been deployed on Aptos, Movement, and Initia networks, providing users with efficient and secure over-collateralized lending services, supporting permissionless leverage.
The platform is expected to enable ELON withdrawals on February 3 at 23:00 (UTC+8).
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