What is Skate (SKATE)?

TLDR Skate is a blockchain interoperability protocol enabling decentralized applications (dApps) to operate across multiple virtual machines (VMs) and chains while maintaining unified liquidity and state.

1. Universal App Layer – Allows dApps to run on 1000s of chains with a single state, eliminating fragmented deployments.
2. Hub-and-Spoke Architecture – Uses EigenLayer for security and Executors to fulfill cross-chain user intents.
3. Multi-VM Compatibility – Supports EVM, Solana VM, Move, and others, unifying liquidity and interactions.

Deep Dive

1. Purpose & Value Proposition

Skate tackles blockchain fragmentation by enabling dApps to function natively across chains like Ethereum, Solana, and Sui. Users sign cross-chain "intents" (e.g., asset transfers), which are executed by a decentralized network of Executors. This abstracts chain-specific complexities, letting developers deploy once and access liquidity from all integrated networks.

2. Technology & Architecture

The protocol combines a hub chain (core ledger) with spoke chains (connected networks). It leverages EigenLayer’s restaked ETH to secure its Actively Validated Service (AVS), reducing the need for independent security bootstrapping. Skate AMM—its decentralized exchange—aggregates liquidity into shared pools across chains, enabling swaps like SOL-USDC on Solana and SUI-USDC on Sui via a single interface.

3. Key Differentiators

Unlike bridges or cross-chain smart contracts, Skate’s “stateless apps” require no chain-specific deployments. For example, an EVM-based app can interact with Solana’s SVM without code modifications. This contrasts with competitors that face VM compatibility limitations or require developers to adopt proprietary frameworks.

Conclusion

Skate reimagines multi-chain interoperability by unifying application logic and liquidity under a single layer, powered by EigenLayer’s security and intent-driven execution. As cross-chain activity grows, can Skate’s hub-and-spoke model become the default infrastructure for truly chain-agnostic dApps?