Crypto Venture firm Paradigm has announced an exclusive investment of $ 15 million in Megaeth-based decentralized Exchange (DEX), Global Token Exchange (GTE).
GTE Touts itself as “the world’s fastest decentralized trading location” and is a centralized limit order book (Clob) Dex that is live on the Megaeth Testnet.
In addition to its derivatives, GTE also includes a Fair Launch token Launchpad for assets such as Memecoins, the GTE Launchpad, which offers a deep liquidity for established projects that expect to start with a high market capitalization and an internal automated market maker (AMM) for the trade in chains.
The newest Raise marks the fourth financing round in GTE, which means that the total has been collected to $ 25 million, including $ 10 million via pre-seed and seed rounds, as well as a community contribution via Echo.
GTE is one of the most hyped projects in the Megaeth Ecosystem, which launched its public test network in March. Megaeth is an Ethereum Layer 2 network that wants to be the most high -performance blockchain in Defi, with exceptionally high transit.
0xBreadguy, a contribution to Megaeth, emphasized an experiment that runs in May by a developer who wanted to push the boundaries of the Giga Gas (GGAS) of Megaeth Testnets and eventually 500,000 NFT -Tokens minted, with just over 70% of the gas limit.
EVM – Persons per chain – 0xbreadguy – Dune Analytics
Although it is worth noting that these results are based on the Megaeth test network, while all other block chains compared are live on Mavet, fast -latie transactions are some of the core components of Megaeth and the GTE Dex.
