GTE

What GTE does

GTE (Global Token Exchange) is a decentralized exchange for perpetual futures and related derivatives, operated by Liquid Labs Global, Inc., a Delaware corporation headquartered in New York. The platform enables 24/7, non-custodial trading of crypto, tokenized equities, commodities, and prediction markets from a single account, targeting retail and self-directed traders, liquidity providers, and algorithmic/market-making traders globally through a self-serve web interface at gte.xyz.

The platform is built on the MegaETH blockchain and powered by GTE Turbo, a proprietary high-throughput, low-latency trading system that combines a Central Limit Order Book (CLOB) — the market structure used by Nasdaq and NYSE — with Rust-based matching engines deployed across Special Economic Zones (SEZs) colocated with major price-discovery venues. GTE targets CEX-level performance benchmarks of 100,000 orders per second at 1 millisecond latency while preserving DeFi properties (non-custodial, permissionless, composable, fully on-chain). Additional components include an integrated AMM, a trade aggregator sourcing best prices across venues, TradingView-powered charting, and roadmap items such as Vaults and Builder Codes.

GTE's revenue model relies on transaction fees charged on each open and close of a perpetual futures position, with funding rate payments exchanged between traders rather than retained by the platform. Pricing details are not publicly disclosed and the platform is currently in testnet, with mainnet launch pending. The company operates a product-led growth model with no traditional distribution intermediaries — users connect via non-custodial wallets (MetaMask, Coinbase Wallet, Rainbow, WalletConnect) and acquisition is driven through Twitter/X, Discord, the company blog, developer documentation at docs.gte.xyz, and a GitHub organization (Liquid-Labs-Inc). GTE is venture-backed, having raised over $25 million across multiple 2024–2025 rounds, including a $15M Series A led by Paradigm.

Name

GTE

Legal name

Liquid Labs Global, Inc.

Website

https://gte.xyz

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

11–50 employees

Short description

GTE is a decentralized exchange for perpetual futures across crypto, tokenized equities, commodities, and prediction markets, built on MegaETH with a proprietary CLOB-based GTE Turbo engine targeting 100k orders/second at 1ms latency. It serves retail traders, liquidity providers, and algorithmic traders via a self-serve, non-custodial web interface.

Ownership category

akta.pro rank

Product category

Decentralized Exchange (DEX)

NAICS

Securities and Commodity Exchanges (52321), Securities and Commodity Exchanges (523210), Securities and Commodity Exchanges (5232), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Perpetuals & Derivatives DEXs (FSADABAE)

akta.pro secondary industries

Perpetual Futures (Perps) Venues & Protocols (FSADAGAA), Derivatives Trading Venues (perps, futures, options) (FSAPADAE), Decentralized Exchanges (DEX) & AMMs (FSAPADAB), Spot AMM DEXs (FSADABAA), DEX Aggregators & Smart Order Routing (FSADABAC)

Keywords

• Decentralized exchange
• Perpetual futures trading
• Central limit order book
• Tokenized equities trading
• Non-custodial trading

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Trading Fees: GTE generates revenue primarily through trading fees charged on each open and close of a perpetual futures position. Funding rate payments are exchanged between traders (longs pay shorts when perpetual trades above spot; shorts pay longs when below spot) and are not retained by the platform. The platform collects trading fees separately from funding.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

GTE operates a decentralized exchange (DEX) for perpetual futures built on the MegaETH blockchain, using a Central Limit Order Book (CLOB) architecture with Rust-based matching engines. The platform enables 24/7 non-custodial trading of stocks, crypto, commodities, and tokenized equities from a single account, targeting 100,000 orders per second at 1ms latency. Revenue is generated primarily through trading fees charged on opening and closing of perpetual futures positions.

Product overview

GTE (Global Token Exchange) is a decentralized perpetual futures exchange offering a unified platform for trading crypto, equities, and commodities 24/7 from a single non-custodial account. The platform is powered by GTE Turbo, a high-throughput trading system, and operates across Special Economic Zones (SEZs) with colocated matching engines for low-latency execution. GTE integrates TradingView for charting and offers additional features including Vaults and Builder Codes (both coming soon). The exchange supports equities trading, perpetual futures, spot markets, and tokenized real-world assets, combining CEX-level speed with DeFi properties including non-custodial control and onchain transparency.

Differentiator

Problem solved

Functional benefit

Brands

• GTE Turbo: High-throughput, low-latency decentralized system designed specifically for trading, supporting perpetual futures, spot markets, tokenized equities, and real-world asset trading.
• Special Economic Zones (SEZs)

Products and services

• GTE (Global Token Exchange) A decentralized perpetual futures exchange built on a Central Limit Order Book (CLOB) architecture that enables 24/7 trading of stocks, crypto, commodities, and tokenized equities from a single non-custodial account, targeting retail traders and liquidity providers globally.
• GTE Turbo A high-throughput, low-latency decentralized trading system built specifically for GTE, designed to support perpetual futures, spot markets, tokenized equities, and real-world asset trading with verifiable state and institutional-grade reliability.
• Special Economic Zones (SEZs) Multiple independent Rust-based matching engines colocated with sources of spot price discovery across different time zones, enabling low-latency execution for global financial markets.

Quantifiable outcome

• 100,000 orders per second at 1ms latency (CEX-level performance target)
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature8 records

Partnerships

One partnership is on record.

• MegaETHcoreTechnology or IntegrationGTE is built on the MegaETH blockchain and operates within the MegaETH ecosystem as its primary decentralized exchange. MegaETH is an Ethereum Virtual Machine-compatible blockchain designed for high-speed trading. GTE plans to become independent from MegaETH and launch its own mainnet.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Bybit: Bybit is a top-tier centralized derivatives exchange offering perpetual futures and increasingly tokenized equities—a CEX incumbent whose performance and product breadth GTE aims to replicate on-chain.
• Binance: Binance is the largest centralized exchange offering perpetuals across crypto and increasingly tokenized assets—a broad incumbent whose speed and liquidity benchmarks GTE explicitly targets to match.

Direct peers

• HyperLiquid: HyperLiquid is the leading on-chain perpetual futures DEX using a custom L1 and on-chain order book—GTE's explicit named competitor and the dominant incumbent GTE must displace in on-chain perps.
• dYdX: dYdX operates one of the largest decentralized perpetual futures exchanges with an order-book model, targeting the same retail and pro trader audience as GTE with cross and isolated margin perpetual products.
• GMX: GMX is a decentralized perpetual futures exchange on Arbitrum/Avalanche using an oracle-based liquidity pool model—a direct competitor in the on-chain perps space with different matching mechanics.
• Drift Protocol: Drift is a Solana-based perpetual futures DEX with a central limit order book, offering cross-margin perps and prediction markets—a comparable multi-asset on-chain CLOB venue.
• Aevo: Aevo is an options and perpetual futures DEX built on a custom L2 with an order-book design, directly comparable to GTE's CLOB-based perps and options ambition.
• Vertex Protocol: Vertex is a hybrid order-book + AMM DEX offering spot, perpetuals, and yield products—overlapping with GTE's CLOB + AMM + aggregator architecture.
• Perpetual Protocol: Perpetual Protocol is one of the earliest decentralized perpetual futures exchanges using a vAMM model, competing for the same on-chain perps retail trader audience as GTE.

Emerging players

• Manta Network: Manta has launched on-chain perpetual futures and tokenized RWA products targeting similar multi-asset trading narratives, partially overlapping with GTE's equities/commodities/prediction markets positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/GTE_XYZ
• GitHubgithub.com/Liquid-Labs-Inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds5 records

Investors10 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GTE