Gate News Bot news, on August 28, according to CoinMarketCap data, SLAY (SatLayer) is currently at $0.03, rising 10.56% in the last 24 hours, with a peak of $0.04 and a low of $0.02. The current market capitalization is approximately $13.5 million, an increase of $1.29 million compared to yesterday. Important news about SLAY recently: 1️⃣ **SatLayer Project Positioning and Development Prospects** SatLayer, as an emerging project in the Bitcoin ecosystem, aims to enhance the scalability and functionality of the Bitcoin network through Layer 2 solutions. The project is dedicated to bringing more application scenarios to the Bitcoin network, with the potential to attract more developers and users in the future. 2️⃣ **SLAY token price fluctuations and market relations

Gate News bot message, according to the official announcement from Gate on August 11, 2025. Gate will launch SatLayer( perpetual contract trading for SLAY) on August 11, 2025, at 19:10( UTC+8, supporting 1-20x leverage with contracts settled in USDT. Unified account lending and isolated margin trading functions for SLAY will also be enabled. The platform will also successively launch the flash exchange and regular investment functions of SLAY one hour after the SLAY spot trading goes live. In addition, Gate will simultaneously launch financial products such as SLAY residual coin treasure wealth management, margin lending for current accounts, and margin lending for fixed terms. Within 1 hour after the perpetual contract goes live, the platform will open the copy trading and trading bot services for the SLAY contract.

Gate News bot message, according to the official announcement from Gate on August 11, 2025: Gate will launch the spot trading of the SatLayer token SLAY on August 11, 2025, at 19:00 ( UTC+8. The trading pair will be SLAY/USDT. SatLayer is a Bitcoin-based economic layer project aimed at transforming BTC into programmable assets for use in scenarios such as artificial intelligence, DeFi, risk-weighted assets, stablecoins, and traditional finance. The project's SLAY token is issued on the Ethereum network, with the contract address 0x51477a3002ee04b7542adfe63ccdb50c00ee5147.