The GTE decentralized negotiation place has raised $ 15 million in a Round of Serie A directed by Paradigm, according to an announcement made in X.
GTE describes himself as the “fastest decentralized exchange of the world”, a label often attributed to hyperlichid. The exchange of derivatives is one of the success stories of this cryptographic cycle, which has accumulated more than $ 1 billion in volume of cumulative trade in 2025, as shown in defillion data.
While GTE plans to rival hyperlichids in terms of speed, he also wants to go to UNISWAP and an exchange of pancakes to make spot operations cheaper and more efficient.
The GTE website shows that it will use a central limit orders to match buyers and vendors compared to the UNISWAP model, which involves liquidity groups and an automated market manufacturers engine.
The co -founder of Gte, Enzo Coglite, said he hopes that the latency rival with Binance and Coinbase, in an interview with the block.
Commercial companies have dealt for a long time with latency problems in cryptography markets. Even FTX, once announced as the exchange built by merchants for merchants, had problems with high latency and API errors.
The difference between GTE and these centralized places is that GTE will be completely non -custodial. This means that merchants can exchange assets without delivering custody to the exchange itself, avoiding the risk of another exchange implosion such as FTX.
Read more: Hyperliquid’s exaggeration becomes the fifth biggest token in the futures trade
