Mega Docs
  • 🐰Hi!
  • Getting Started
  • Introduction
    • What is MegaETH?
    • Just Another L2?
      • What Is a Blockchain?
      • Consensus & Execution
      • Transaction Lifecycle
      • State Sync & Gas Limits
      • Glossary
    • MegaLabs
    • Roadmap
  • Deep Dive
    • Architecture
      • Node Specialization
      • EVM Optimization
        • Technical Solutions
      • EigenLayer
  • Infrastructure
  • Protocol Mechanics
  • Guide
    • User Guide
      • Onboarding
      • Hunting
    • Builder Guide
      • Programs
      • Build
  • Community
    • Mega Civilization
    • Ecosystem
      • Tools
      • Projects
        • GTE
        • CAP
        • Euphoria
        • HOP
        • Noise
        • Avon
        • NectarAI
        • World Capital Markets
        • Valhalla
        • Showdown
        • Sweep
        • Funes
        • Lemonade
        • Pump Party
        • AWE
Powered by GitBook
On this page
  • Vision & Platform Overview
  • Team & Background
  • Why MegaETH Powers GTE
  • Technical Architecture
  • Trading Infrastructure
  • Performance Advantages
  • Advanced Features & Roadmap
  • Technical Resources
  1. Community
  2. Ecosystem
  3. Projects

GTE

PreviousProjectsNextCAP

Last updated 11 days ago

GTE is building the world's fastest decentralized trading platform that covers the entire lifecycle of a token – from initial launch to sophisticated perpetuals trading – all on a single, high-performance platform powered by MegaETH's infrastructure.

| | |

Vision & Platform Overview

GTE eliminates the fragmentation plaguing crypto trading by unifying critical market structures that traditionally exist in silos. Instead of forcing users to navigate between PumpFun for launches, Raydium for swaps, and Binance for advanced trading, GTE delivers "Binance onchain" – a complete trading ecosystem with CEX-level performance.

Unified Trading Infrastructure:

  • Token Launchpad – Fair launch mechanism for bootstrapping initial liquidity

  • Classic AMM – Price discovery and trading for newer or long-tail assets

  • Spot & Perpetual CLOBs – CEX-level liquidity with crankless onchain design

  • Best-Price Aggregator – Optimal execution across all GTE venues and MegaETH ecosystem

This integration means users can follow a token's entire journey within one interface – from fair launch through AMM discovery to professional CLOB trading and perpetuals – without bridging assets or managing multiple accounts.

Team & Background

Liquid Labs, the core contributor behind GTE, brings together talent from Nasdaq, Mastercard, Morgan Stanley, Palantir, AWS, GSR, and Bitstamp. The founding team combines:

  • HFT expertise from firms like Jump Trading – crucial for building microsecond-optimized infrastructure

  • Blockchain infrastructure experience including 3 years running nodes at Alchemy

  • High-performance engineering focused on ultra-low latency data pipelines

Co-founders and lead this synthesis of traditional finance performance with blockchain innovation, approaching infrastructure challenges with a unique perspective that goes beyond adapting existing tools.

Funding & Community:

  • $2.5M Echo raise – Community round with 720+ investors, sold out in 1 hour

  • $8.4M institutional funding – Pre-seed ($1.5M) and seed ($6.942M) from Maven 11, Wintermute, Flow Traders, Robot Ventures, IMC Trading, and notable angels including Guy Young (Ethena) and traders from Jump Trading

Why MegaETH Powers GTE

GTE's architecture is only possible on MegaETH – no other general-purpose blockchain has closed the performance gap with centralized exchanges:

  • ~15ms end-to-end latency with sequencer colocation (vs Hyperliquid's 200ms best-case)

  • 100k TPS and 1ms block times enable fully onchain CLOB matching

  • 1.7 Ggas/s throughput maintains consistent performance under load

  • Approaching Binance's ~5ms colocated latency as MegaETH optimizes further

Technical Advantages:

  • Crankless design – Cheap gas lets market makers freely place/cancel orders, creating tighter spreads

  • True price-time priority – Centralized sequencer enables fair matching like traditional markets

  • Full composability – EVM compatibility maximizes integration with DeFi protocols

  • Transparent execution – All matching logic runs onchain, unlike hybrid DEX approaches

Capital Efficiency Benefits:

  • Micro-transactions enabled – Previously uneconomical strategies become viable

  • Complex interactions affordable – Multi-step DeFi operations without prohibitive fees

  • Professional trading onchain – HFT strategies finally practical in decentralized venues

As the team notes: "The bitter truth is that trading on DEXs is slower and more expensive than trading on a CEX" – GTE on MegaETH changes this reality by delivering the first serious attempt at a fully onchain CLOB with CEX-level execution.


Technical Architecture

Core Innovation:

  • Fully onchain execution – All matching logic runs on-chain, unlike hybrid DEXs that compromise transparency

  • 1-5ms latency updates – Market makers can quote with the same confidence as on Binance or Bybit

  • Crankless design – Cheap gas enables continuous order updates without external keepers

  • FIFO sequencing – Fair price-time priority without sacrificing composability

Trading Infrastructure

Takeoff - Permissionless Token Launcher

GTE's launchpad provides fair, transparent token launches with automatic liquidity bootstrapping:

  • 80% supply sold through bonding curve mechanism

  • 20% supply seeds AMM pool automatically upon completion

  • Instant migration – No waiting periods, immediate AMM trading post-bond

  • 0.005 ETH launch cost – Minimal barrier for creators

AMM - Proven Liquidity Foundation

GTE's AMM leverages battle-tested Uniswap V2 architecture for long-tail assets:

  • Constant product model (x * y = k) for reliable pricing

  • 50/50 liquidity provision – Simple, proven mechanism

  • Ideal for memecoins and low-liquidity markets where CLOBs would have sparse orders

  • Immediate integration with tokens graduating from Takeoff

This dual-venue approach recognizes that different assets require different market structures – passive AMM liquidity for emerging tokens, active CLOB liquidity for mature markets.

Spot & Perpetual CLOBs

The crown jewel of GTE's infrastructure – the first truly competitive onchain orderbook:

  • BTC trading live with ETH, SOL, and more coming soon

  • Top-tier market makers already providing liquidity

  • Professional features – Limit, market, stop orders, TWAP execution

  • Full Python SDK for programmatic access

Perpetuals CLOB (Coming soon):

  • 50x leverage using ETH as collateral

  • Cross-margin trading across multiple positions

DEX Aggregator

GTE's aggregator ensures optimal execution across all MegaETH venues:

  • Smart routing between GTE AMM, CLOB, and ecosystem DEXs

  • Frontend integration for seamless user experience

  • Best-price guarantee through continuous market scanning

Performance Advantages

vs. Hyperliquid

GTE's architecture fundamentally outperforms even specialized trading chains:

  • 15ms latency with colocation vs Hyperliquid's 200ms best-case

  • True composability – Single execution environment vs HyperCore/HyperEVM split

  • No consensus bottleneck – MegaETH separates execution from consensus

vs. Other L1s/L2s

Legacy chains face fundamental limitations:

  • Consensus-bound latency – Can't achieve sub-10ms with global validators

  • Mempool racing – Market makers struggle with stale quotes after 200ms

  • Priority fee wars – Makes continuous order updates economically unfeasible

Advanced Features & Roadmap

Cross-Chain Abstraction

  • GTE eliminates bridging friction through innovative integration:

    • Aggregate balance display – See all your stables across chains

    • Native re-issuance on MegaETH when trading

    • "50x long BTC using L1 stables in 5ms" – The future of DeFi UX

Phased Rollout Approach

  • Phase 1 ✅ (Complete):

    • Takeoff launcher

    • Swap AMM

    • Dash analytics dashboard

  • Phase 2 🚀 (Current):

    • Market maker integrations

    • Token graduation pipeline

  • Phase 3 (Coming):

    • Perpetuals CLOB

    • Cross-margin system

    • Advanced order types

    • Institutional features

Technical Resources


The Bottom Line: GTE isn't just building another DEX – they're creating the infrastructure for all of centralized finance to move onchain. By solving the fundamental technical barriers that have kept sophisticated trading centralized, GTE on MegaETH finally delivers the promise of DeFi: CEX performance with DEX principles.

The dual approach mirrors MegaETH's own raise, prioritizing both grassroots support and institutional backing to align all stakeholders.

Performance Breakthrough:

As : "Price feeds are censorship resistant and the CLOB is fully composable – we're one step closer to price discovery onchain."

The bonding curve ensures fair distribution while preventing team pre-purchases, establishing trust from day one. ()

Spot CLOB ():

: "Perps will lead the charge to get tradfi assets onchain. Derivatives allow exposure without requiring asset issuance."

Programmatic access via

: "HL's validators are all in one Tokyo datacenter to compete with Binance. Only way to beat HL is to take another step function in scaling."

: "If your chain is focused on increasing bandwidth and reducing latency for the sole purpose of trading onchain, it will lose to our architecture in the long run."

1-click trading using stables from any chain ()

– Complete API reference and integration guides

– Full programmatic suite for CLOB interaction

– Messari's technical analysis

by @CryptoNdee

Website
Twitter
Discord
Documentation
Visual
Matteo
Enzo
Source
Source
Enzo notes
Details
Live on testnet
Enzo explains
API for developers
As Enzo details
As Enzo details
Announcement
Spot CLOB live on testnet
Official Documentation
Python SDK
Architecture Deep Dive
GTE: The Vertical Exchange on MegaETH