#GateNewListing

#NewListing
Gate New Listing: $IRYS
Gate just flipped the switch on a listing that's been building heat for months. Irys is now live on Gate — and this is the Layer-1 that promises to fuse permanent storage with native smart contract execution inside a single, unified network.

🔹 The timing is impeccable. Irys launched its mainnet in late November 2025 after a testnet that processed over 900 million transactions and attracted more than 4 million unique wallets. The network now boasts 100,000 TPS throughput and storage costs roughly 20 times cheaper than legacy competitors. A total of $20 million in venture funding — led by CoinFund with participation from Hypersphere, Tykhe Ventures, and Amber Group — anchors the project.

🔹 The technology solves a deep structural flaw in blockchain architecture. Compute chains struggle with large-scale data, and storage chains cannot execute logic. Irys bridges this gap with its native EVM-compatible IrysVM, enabling data to become programmable, verifiable, and instantly retrievable. Founder Josh Benaron frames this as the missing link: "AI creates infinite content. Blockchain creates verifiable scarcity. Irys brings them together, turning raw data into living infrastructure for decentralized intelligence."

🔹 Tokenomics are built for long-term alignment. The total supply caps at 10 billion IRYS, with an initial circulating supply of roughly 20%. A deflationary burn mechanism removes 50% of execution fees and over 95% of term-storage fees from circulation, creating tightening supply dynamics as network usage scales. The ecosystem allocation claims 30% of tokens, investors hold 25.3%, core team and advisors control 18.8%, and airdrop incentives plus liquidity provisions round out the remainder. Team and investor tokens sit under a one-year lock-up.

🔹 The listing momentum tells its own story. Gate opened spot trading for IRYS at 07:30 UTC on May 27, with zero-fee conversion following at 08:30 UTC and withdrawals live on May 28. The token surged nearly 120% on its earlier debut in mid-May, liquidating over $778,000 in short positions in a single session. Daily trading volume exploded past $200 million following that listing, and open interest jumped over 160% as leveraged capital poured in. Irys is also going live on another major exchange today alongside Gate, creating a synchronized wave of fresh accessibility.

🔹 The ecosystem is already expanding aggressively. Irys powers verifiable sensor and infrastructure data across DePIN, secures on-chain financial integrity in DeFi and real-world assets, and delivers instant, infinite data for gaming, NFTs, and social applications. Integrations span OpenLedger, Olas, Polygon, Base, Aptos, and many more. The project positions itself as the data backbone of the AI economy — powering decentralized agents, enterprise workflows, and next-generation internet infrastructure from a single unified layer.

A datachain that makes files smart, burns tokens with every storage transaction, and arrives on Gate the same week it lists across three major venues — this is how infrastructure narratives catch fire. Are you reading Irys as the data layer the AI agent economy has been waiting for, or waiting for the dust to settle before building a position?

Trade:https://www.gate.com/trade/IRYS_USDT