GTE

Lighter already has Robinhood stocks. xStocks is a fake wrapper around a bearer debt instrument. I really don't see this as any sort of competitive advantage against Lighter or what GTE (disc: investor) is doing yes not winner take all, doesn't mean everyone who launches something wins. most likely

DEX GTE announced its independence from MegaETH and launched on the mainnet, having raised over $25 million in funding

GTE: MegaETH's DEX Benchmarking Hyperliquid | CryptoSeed

MegaETH ecological DEX GTE has raised 10 million dollars through three rounds of financing