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GTE completes $15 million Series A funding led by Paradigm to compete with HyperLiquid.

GateNews

2025-06-23 15:07:39

HYPE0,28%

Gate News bot message, the decentralized trading platform GTE has completed a $15 million Series A financing round, led by Paradigm.

GTE plans to compete with HyperLiquid in speed, while also aiming at Uniswap and Pancake Swap to reduce the cost of spot trading and improve efficiency.

The GTE website shows that it will use a centralized limit order book to match buyers and sellers, which differs from Uniswap’s model that involves liquidity pools and an automated market maker engine.

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