- The latest update to gTrade introduces a funding fee mechanism, representing a significant improvement over the previous borrowing fee model.
gTrade has announced a major update to its Perp DEX that supports high-leverage trading of crypto and traditional markets. Its largest protocol upgrade of the year, v10 introduces a host of new features and performance enhancements designed to reinforce its status as the leading omnichain Perp DEX.
The latest update to gTrade introduces a funding fee mechanism, representing a significant improvement over the previous borrowing fee model. The new system provides greater scalability and enhances user experience by reducing the likelihood of traders hitting open interest caps. This will effectively open gTrade’s markets to more advanced users such as swing traders, arbitrageurs, and market makers.
The upgrade will bolster gTrade’s credentials as a universal Perp DEX for leveraged trading, encompassing tech stocks, forex, commodities, and crypto. With synthetic exposure to dozens of traditional markets, including indices and precious metals, as well as over 240 cryptocurrencies, gTrade offers the broadest leveraged market access in DeFi.
These expanded markets, coupled with v10’s structural improvements, unlock new opportunities for integrators to build advanced trading solutions. Existing partners such as, Bifrost, Volmex Finance, and Symphony.io can now leverage features like higher open interest limits and funding fee mechanics to support use cases such as position hedging, cross-market strategies while tapping into a capital-efficient liquidity design.
gTrade Founder Seb said: “gTrade v10 is an expansion of what’s always made the platform special. We’re taking the precision and transparency that scalpers loved and unlocking it for a broader class of traders, integrators, and funding fee farmers. It’s a very important step toward making gTrade the most efficient, accessible, and scalable Perp DEX in DeFi.”
To celebrate the launch of gTrade v10, a $200,000 trading competition is set to commence in August. This will incentivize traders to experience the platform’s new mechanics and features firsthand, while driving greater volume and rewarding top traders. The competition will be accessible across multiple networks where gTrade is deployed: Arbitrum, Base, Solana, and Polygon.
The v10 release marks a pivotal moment for gTrade, transforming it into a scalable, general-purpose Perp DEX. For the first time, traders can capture funding fees with strong incentives to balance gTrade’s open interest; execute counter trades as system-recognized arbitrageurs; and experience native price discovery, delivering CEX-style perps pricing.
The combination of new features, coupled with significantly improved UX sets the stage for higher volumes and revenue growth while reinforcing the deflationary $GNS token model. With more than $100B of lifetime volume and $60M in revenue, gTrade remains a pioneering Perp DEX that provides ultra-high leverage coupled with zero-slippage execution on major pairs. The v10 release enhances these capabilities and establishes gTrade as a versatile futures exchange that serves both retail and professional traders.
About gTrade
gTrade is the flagship protocol of Gains Network, a decentralized perpetual futures exchange (Perp DEX) designed for precision, transparency, and scalability. Traders can access a wide variety of markets, including cryptocurrencies, forex, stocks, and commodities, all from a single platform. Offering up to 1000x leverage on select assets, gTrade provides traders with capital-efficient opportunities to go long or short across major and niche markets alike. Built on Arbitrum, Base, and Solana, the protocol combines high performance with on-chain security.
gTrade’s unique synthetic architecture allows for zero-slippage execution on major pairs, ensuring optimal trade entry without surprises. With deep liquidity, a capital-efficient model, sustainable fee structures, and a growing ecosystem of integrators and funding fee farmers, gTrade is designed to serve both retail and professional traders. As a fully decentralized platform, gTrade also prioritizes transparency — from pricing to trade history to tokenomics. The platform is powered by the $GNS token, supporting a deflationary model through protocol buybacks and burns.
Learn more: https://gains.trade/
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