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About GTE
GTE originated as the DEX within the MegaETH ecosystem and raised $10 million across three financing rounds. It subsequently completed a $15 million Series A led by Paradigm. GTE then announced its independence from MegaETH, launched on mainnet, and reached over $25 million in total funding while positioning itself as the DEX benchmarking Hyperliquid.
In the past six months, GTE completed a $15 million Series A round led by Paradigm, bringing total funding to over $25 million, with participation from top market makers including Wintermute and Auros. In early August, GTE announced its independence from MegaETH and plans to launch mainnet, targeting comprehensive tokenized price discovery for global capital markets. Its testnet attracted over 1 million users within 3-4 months. Early pre-registration opened on August 19, and the beta version went live on August 27.
Going forward, GTE will focus on delivering a fully on-chain, non-custodial trading experience with CEX-level performance, integrating order books, spot/perpetuals, and agent APIs. The immediate priority is mainnet launch and building infrastructure for tokenized price discovery of global assets.
GTE is a decentralized trading platform incubated by MegaETH Labs, combining AMMs with a central limit order book to deliver CEX-level performance.
Co-founders:
- Enzo: Co-founder, Twitter @enzo_gte; background not publicly disclosed.
- Matteo Lunghi: Co-founder, Twitter @mlunghi2000; detailed resume not disclosed.
- Moses Lee: Co-founder; also co-founder of Liquid Labs; ex-software engineer at Courtyard (YC W22); B.S. in Computer Science from USC.
- Nate Burbage: Co-founder; also co-founder of Liquid Labs; former research assistant at Emory and AWS software engineering intern; dual degree in CS and Business from Emory.
Core executive:
- Matthew Paik: Chief Strategy Officer; CSO at Liquid Labs; ex-Head of DeFi/Gaming/NFT at LayerZero Labs; previously at ROK Capital, Coinbase, Amazon; B.A. in Computer Science from Pomona College.