GTE – Decentralized Trading Platform On MegaETH

1. Introduction to GTE

GTE is a decentralized exchange (DEX) built on the Layer 2 MegaETH network. It adopts a hybrid architecture that combines the speed and user experience of centralized exchanges (CEX) with the transparency and non-custodial nature of DEX. A standout feature is cross-platform price scanning, ensuring users always get the best on-chain rates.

2. How GTE works

GTE integrates two trading mechanisms:

   • Central Limit Order Book (CLOB): Allows customizable order placement, ideal for professional traders or large-volume transactions.

   • Automated Market Maker (AMM): Enables instant swaps via liquidity pools, perfect for smaller trades and beginners.

   • Orders are automatically routed between CLOB and AMM for optimal pricing, while the system scans the entire MegaETH network for the best rates.

3. Key features

Beyond core DEX trading, GTE offers:

   • GTE Launchpad: A fundraising and token issuance platform for well-developed projects with strong communities.

   • GTE Takeoff: A tool for developers to quickly create tokens at low cost, with automated liquidity via bonding curves.

Currently, only the trading testnet is live; Launchpad and Takeoff have not yet been launched.

4. Team

GTE’s founding team consists of young developers with strong academic backgrounds:

   • Matteo Lunghi – Brown University graduate (Ivy League).

   • Moses Lee – Computer Science graduate from USC.

   • Enzo – Core technical team member.

   • Nate Burbage – Former Emory University student.

6. Funding history

GTE has raised $25.94M across 4 rounds:

   • Series A: $15M (6/2025) led by Paradigm.

   • Public Sale: $2.5M (1/2025).

   • Seed: $6.94M (10/2024) with Maven 11, GSR, Wintermute Ventures, etc.

   • Pre-seed: $1.5M (7/2024).

7. Similar projects

   • DeepBook: A CLOB protocol on Sui.

   • Kuru: Monad-based DEX with fully on-chain CLOB.