{"id":33233,"date":"2025-06-23T15:17:08","date_gmt":"2025-06-23T15:17:08","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=33233"},"modified":"2025-06-23T15:17:08","modified_gmt":"2025-06-23T15:17:08","slug":"a-startup-raises-15m-led-by-paradigm-aiming-to-rival-hyperliquid","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=33233","title":{"rendered":"A Startup Raises $15M, Led by Paradigm, Aiming to Rival HyperLiquid"},"content":{"rendered":"
\n

Decentralized trading venue GTE has raised $15 million in a Series A round led by Paradigm, according to an announcement<\/a> made on X.<\/p>\n

GTE describes itself as the “world’s fastest decentralized exchange,” a label often attributed to HyperLiquid. The derivatives exchange is one of this crypto cycle’s success stories, having racked up more than $1 trillion in cumulative trading volume in 2025, DefiLlama data shows<\/a>.<\/p>\n

While GTE plans to rival HyperLiquid in terms of speed, it also wants to target Uniswap and Pancake Swap to make spot trades cheaper and more efficient.<\/p>\n

The GTE website<\/a> shows that it will use a central limit order book to match buyers and sellers as opposed to Uniswap’s model, which involves liquidity pools and an automated market maker engine.<\/p>\n

GTE co-founder Enzo Coglitore said that he expects latency to rival that of Binance and Coinbase, in an interview with The Block<\/a>.<\/p>\n

Trading firms have long since grappled with latency issues<\/a> in crypto markets. Even FTX, once billed as the exchange built by traders for traders, had problems with high latency and API bugs.<\/p>\n

The difference between GTE and these centralized venues is that GTE will be entirely non-custodial. This means that traders can trade assets without handing over custody to the exchange itself, avoiding the risk of another exchange implosion like FTX<\/a>.<\/p>\n

Read more: Hyperliquid’s HYPE Becomes Fifth Largest Token in Futures Trading<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Decentralized trading venue GTE has raised $15 million in a Series A round led by Paradigm, according to an announcement made on X. GTE describes itself as the “world’s fastest decentralized exchange,” a label often attributed to HyperLiquid. The derivatives exchange is one of this crypto cycle’s success stories, having racked up more than $1 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-33233","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33233"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33233\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}