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Bitalk|May 16, 2025 08:47
🔸 The DEX @ GTE.XYZ ecosystem of MegaETH has launched the latest version of its testnet today. 🔸 GTE has raised $10 million in funding and secured investments from well-known venture capitalists such as Robot Ventures, Wintermute, and Mave11. 🔻 Let's introduce what GTE is? How to interact with GTE test network and obtain DC roles? 🏎️ What is GTE? GTE is a DEX designed to become the most comprehensive and fastest trading platform in terms of functionality. GTE offers a complete set of products, including token launch boards, AMMs, Dex aggregators, spot and perpetual CLOBs. They hope to enable users to complete any type of transaction within one interface: The launch board is used for launching tokens, trading long tail assets (Meme) in AMM, and the Dex aggregator provides the most favorable Swap prices. However, for GTE, spot and perpetual contract CLOBs are its core products. CLOB, The central limit order book. The order book displays buy and sell pending orders, with some people placing buy orders and others placing sell orders. The platform matches orders to complete the transaction. In the past, CLOB was difficult to deploy on the blockchain, resulting in high gas, slow speed, and performance experience that could not be compared to CEX. GTE chose to build on MegaETH because of its "real-time" feature, which has extremely low gas and fast speed. This feature allows market makers to place/withdraw orders on CLOBs at any time without worrying about costs, thereby improving market depth and liquidity. 🧵 How to interact with GTE Test Network? Today GTE updated its testnet and officially launched the first version of Spot Clob functionality. Let's introduce how to interact. territorial waters ▪️ First, receive MegaETH test coins: https://testnet. (megaeth.com)/ 1 ▪️ If there is not enough water, you can also try Bridge and first collect test coins on ETH Sepolia: https://www. (alchemy.com)/faucets/ethereum-sepolia ▪️ Bridge test coins from Sepolia to MegaETH: https://app.gasyard.fi/?env=testnet interactive ▪️ Swap a little USD on the official website: https://testnet.gte.xyz/ ▪️ Open Spot CLOB and trade using limit/market orders: https://testnet.gte.xyz/clob ▪️ You can also use its AMM to do some transactions: https://testnet.gte.xyz/token/amm/0xe9b6e75c243b6100ffcb1c66e8f78f96feea727f/0xc71b4e183c4bbf7a19adc5b21bf0650bee340f78 ▪️ Launch a Meme coin on the startup board: https://testnet.gte.xyz/dash ▪️ Provide liquidity here in the LP pool: https://testnet.gte.xyz/earn DC Role There are two activities within GTE DC that can be participated in, one is XP activity and the other is DC role. ▪️ XP Activities Chatting in the DC channel can earn XP and upgrade, and upgrading can earn characters. 1/10/20/30/40/50/65 can have different roles. ▪️ Available DC roles Apex Trader | Top traders who are active and frequently traded in the channel Alpha Engineer | A strategic researcher who shares high-quality market intelligence in the channel Circuit Creative | Community creators who create art, memes, and content posts in the channel OGs | Old community members who were active before the mainnet was launched (will be closed when the mainnet is launched) Test Driver | Participate in the testing network and help shape GTE users through feedback
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