what's GTE?
GTE is a high-performance decentralized exchange (DEX) built to deliver centralized exchange (CEX)-level speed and efficiency on-chain. Initially developed on the MegaETH layer-2 network, it integrates a central limit order book (CLOB) for liquid assets with automated market maker (AMM) pools for emerging or less liquid tokens, enabling seamless, verifiable trading without off-chain components. The platform supports permissionless token launches, perpetual futures, and market aggregation, emphasizing low latency, FIFO order execution, and composability to create a unified on-chain financial ecosystem. By prioritizing infrastructure that matches CEX performance, such as sub-millisecond execution and predictable pricing for market makers, GTE aims to bridge the gap between DeFi's trustlessness and traditional finance's usability. It has garnered backing from top-tier investors and builders focused on scalable blockchain applications, positioning it as a contender in the evolving landscape of on-chain trading venues. GTE's approach includes innovative features like integrated launchpads and real-time engines, fostering direct competition with platforms like Hyperliquid while maintaining full transparency and decentralization.
GTE gains traction, launching on Base blockchain.
Links
x.com/gte_xyzLaunching on Base blockchain.
Raised $15M Series A from Paradigm in May, with additional investors including trading firms and DeFi angels. Private mainnet launch scheduled for very soon.
Doug joins the team in his first decentralized finance role, bringing experience co-inventing distributed systems techniques that power Instagram, Facebook, and WhatsApp, plus contributions to AWS architecture during his time at Amazon from 1997-2004.
Integration with Polymarket announced, enabling users to trade leveraged perpetuals and place prediction market bets in a single interface. Platform is now live in private beta.
Former Meta contributor to React Native joins to lead mobile application development.
GTE will be available for delta-neutral trading strategies on Extended platform when live. Extended currently has low trading volume with a strong team behind it.
GTE targets Token Generation Event before end of year 2025.
Platform launches soon with multi-asset trading supporting stocks, crypto, and events fully onchain.
The project uses MegaETH architecture to compete in the perp DEX market as a fast, HFT-friendly platform.
Paradigm invests in project while PaikCapital joins team; potential pivot to Builder Code/HIP-3 exchange platform indicated.