Build a composable application stack between chains to construct a stateless future across Virtual Machines.

Written by: Black Mario

Skate is a stateless, cross-Virtual Machine infrastructure layer dedicated to providing a unified application logic and liquidity framework for multi-chain ecosystems. It allows developers to deploy applications once and achieve shared state and logic across multiple chains, significantly reducing development costs and improving cross-chain deployment efficiency.

In fact, the current Web3 infrastructure generally suffers from fragmentation, where each chain has its own independent operating environment and contract system. Developers need to rewrite and deploy logic repeatedly, while users frequently switch between multiple wallets and application interfaces. Skate builds a universal execution environment that achieves the synchronization and coordination of logic, state, and liquidity, so that cross-chain applications no longer need to migrate or replicate state, nor do they require bridging operations for smooth interaction.

The core design goal of Skate is to provide a highly composable and scalable runtime framework for on-chain applications without custodial assets and without replicating state. Its underlying architecture supports compatibility with multiple virtual machines such as EVM, Solana, TON, and Move, natively has cross-VM coordination capabilities, and ensures security and verifiability in the cross-chain process through stateless execution and AVS verification mechanisms.

With this architecture, Skate provides the infrastructure support for building a unified multi-chain application logic and liquidity network, promoting Web3 from “multi-chain deployment” to “inter-chain integration,” laying the foundational platform for the next generation of cross-chain DeFi and asset protocols. As one of the important narrative directions that align with the current industry development trends, this project will soon launch its TGE and is receiving widespread attention from the market.

Infrastructure Design

The architecture design of Skate revolves around the core principle of “stateless collaboration”, aiming to build a runtime system compatible with multiple Virtual Machine environments and capable of cross-chain coordination. Unlike traditional on-chain applications that require full logic and state to be deployed and maintained on each target chain, Skate provides a lightweight coordination layer that is only responsible for synchronizing intentions, scheduling logic, and liquidity, while assets and state remain on the original chain.

Skate’s execution model is based on an intent-driven mechanism, in which users sign the operation intent on the native chain, the executors in the Skate network complete cross-chain operations, and the AVS provided by EigenLayer performs security verification and task scheduling. This model eliminates the tedious process of manual cross-chain for users, enabling true inter-chain abstraction and seamless interaction.

In terms of system architecture, Skate adopts a modular “central - radiating” design, where the central layer uniformly handles application logic, state mapping, and message passing, while flexibly integrating execution modules on each chain side. This design not only achieves compatibility support for both EVM and non-EVM networks but also reserves scalable interfaces for future new chain architectures.

In addition, Skate introduces the concept of global application logic, which fundamentally solves the deployment burden of “each chain needs to refactor applications” by hosting a set of cross-chain shared logical states and unifying on-chain call and state access interfaces. The decentralized, stateless, cross-virtual machine coordination model is making Skate a key middleware connecting multi-chain ecosystems, and providing stable system support for composable finance, asset interoperability, and next-generation cross-chain infrastructure.

Skate AMM: Building the Next Generation Liquidity Engine

Skate AMM is the core product module in the Skate architecture, as a unified liquidity engine, committed to solving structural problems such as asset liquidity fragmentation, arbitrage inefficiency, and pricing inconsistency in a multi-chain environment. It connects asset markets on different chains by building a price state system shared across virtual machines to achieve a high degree of synergy between price discovery, arbitrage execution and capital scheduling.

In the traditional cross-chain architecture, liquidity is often divided by chains, resulting in deviant pricing of assets on the new chain and limited market depth, which further weakens the capital efficiency of users and protocols. The global Bitmap liquidity model built by Skate AMM brings the trading pools in different virtual machine environments into a unified view, and synchronizes the price state with the main chain (such as Ethereum L1) as the anchor point. This structure allows all transactions to inherit a unified pricing curve, which greatly reduces cross-chain slippage and arbitrage costs.

! [Figure: How Skate AMM aggregates ETH/USDC price bitmaps scattered across multiple chains (e.g., Solana, TON, Ethereum) into a unified global price view, improving pricing consistency and arbitrage efficiency.] ](https://img.gateio.im/social/moments-db1ea18043c0af8693e272340a7beb78)

Skate AMM also has the ability of automatic rebalancing, through the integration of fast cross-chain messaging protocols such as Hyperlane, to achieve real-time scheduling of liquidity between chains, so that asset distribution can be dynamically optimized according to market demand. This mechanism not only improves the utilization rate of funds, but also brings a continuous source of fee income to the protocol.

Specifically at the application layer, Skate AMM provides ideal liquidity support for cross-chain expansion of stablecoins and real-world assets (RWA). For example, in the Plume Network, the native stablecoin pUSD is achieving seamless liquidity coverage across multiple chain ecosystems through Skate AMM, which not only avoids the redundant deployment of liquidity pools but also realizes higher pricing efficiency and arbitrage stability.

With its plug-and-play deployment approach and unified arbitrage execution path, Skate AMM is gradually becoming the “liquidity operating system” for emerging asset protocols in the multi-chain expansion process, and it also provides a reliable cross-chain market access layer for DeFi protocols.

Currently, on the eve of Skate TGE, it has launched an interactive points activity on its AMM DEX, where users can earn points by trading on its AMM DEX, and the points will be redeemed for airdrops at TGE.

Using RWA as a Market Entry Point

In 2025, the total supply of stablecoins has exceeded $240 billion, and the total lock-up volume of the RWA protocol has exceeded $25 billion. The new trend marks that the on-chain asset market is moving from “crypto-native” to “structured and institutionalized”.

At the same time, the new generation of stablecoins is showing characteristics of “yield generation” and “cross-chain native”. More and more protocols are starting to issue stablecoins that are linked to off-chain yields, seeking to achieve broader use cases through multi-chain deployment. However, in reality, most asset protocols are still constrained by issues such as fragmented cross-chain liquidity, severe price deviations, and high deployment costs, hindering their sustainable expansion.

The design of Skate AMM specifically addresses these key pain points by providing a structured solution through a unified pricing system between Virtual Machines and a shared liquidity pool. Skate AMM can significantly enhance the efficiency and credibility of new assets entering the multi-chain market, ensuring price consistency, improving arbitrage stability, and generating native fee income for the protocol.

Taking pUSD from Plume Network as an example, this stablecoin was originally issued for a specific ecosystem and faced challenges in achieving efficient expansion due to the lack of inter-chain liquidity coordination. However, through Skate AMM, pUSD can quickly connect to a unified liquidity system across multiple chains, avoiding redundant deployments and price slippage, while enhancing liquidity depth and providing Plume with sustainable MEV revenue and pricing autonomy.

From an application perspective, Skate is gradually becoming the default liquidity infrastructure layer for stablecoins and RWA protocols entering the multichain market, facilitating cross-chain growth in the asset market and promoting the formation of “inter-chain capital networks.” The new structure will build a more solid and scalable financial underlying for the Web3 world.

Skate AVS: The first system in the EigenLayer ecosystem to achieve actual usage-based protocol revenue generation and redistribution

One of the key differentiators between Skate and other infrastructure projects is that it not only has a clear technical architecture and application path, but also has demonstrated strong market fit and sustainable revenue capacity in actual operation.

As of now, Skate has been successfully deployed in multiple mainstream Virtual Machine environments, including Ethereum, Base, BNB Chain and other EVM chains, as well as Solana, Eclipse and other SVM-based non-EVM networks. These deployments validate Skate’s portability and operational efficiency in multi-chain systems, and also reflect a rapid response capability to real user demands.

It is reported that in just two months after its launch, the cumulative trading volume of Skate AMM has exceeded 100 million US dollars, and the allocation of the first round of agreement fees has been completed. The new revenue system is not built through pre-mining or token subsidies, but is truly based on the fee income generated by on-chain transaction activities, marking Skate as the first AVS on EigenLayer with the ability to repatriate actual protocol revenue.

More importantly, the revenue from these protocols is distributed to AVS re-stakers on a usage-based cycle rather than being statically accumulated, thereby creating a sustainable incentive mechanism driven by real usage. This mechanism not only enhances the participation enthusiasm of Skate operating nodes but also builds a verification service reference paradigm for the entire EigenLayer that is “core to real demand.”

At this stage, under the common background of “high valuation and low income” in the AVS model, Skate provides a replicable template: how to build a sustainable and verifiable protocol income system through cross-chain liquidity and high-frequency trading structures. As more DeFi protocols, RWA applications, and on-chain assets connect to Skate, the scale of protocol income is expected to continue to grow, further enhancing the network effects of the entire system.

Skate is promoting a new infrastructure paradigm, namely a protocol economic model driven by actual transaction flows, which sets a quantifiable growth path and replicable incentive structure for AVS and modular verification services.

Conclusion

Skate is building a truly cross-chain application infrastructure for a multi-chain world. Through a stateless architecture, AVS security guarantees, a unified liquidity engine, and native compatibility with all mainstream Virtual Machine environments, Skate not only reshapes the technical path of cross-chain interaction but also provides an efficient, composable, and sustainable operating base for stablecoins, RWA assets, and next-generation on-chain financial protocols.

At the critical stage of Web3 moving towards multi-chain collaboration and asset interconnection, Skate’s technical framework and product mechanism have completed closed-loop verification from concept to implementation. With the access of more ecological partners and the integration of core protocols, Skate will continue to promote the unification of inter-chain logic and liquidity, bring unprecedented infrastructure standards for cross-chain finance, and is expected to fundamentally reconstruct Web3 scalability and user experience.