Hassan Maishera
gTrade announced on Tuesday, August 5th, that it has rolled out a major update to its Perp DEX that supports high-leverage trading of crypto and traditional markets.
In a press release shared with Cryptowisser, gTrade said this upgrade, v10, is its largest this year, and introduces a host of new features and performance enhancements designed to reinforce its status as the leading omnichain Perp DEX.
The upgrade 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.
gTrade added that the v10 update also boosts the platform’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.
According to gTrade, 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.
While commenting on this latest development, 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.”
gTrade added that to celebrate the launch of 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 team added that the competition will be accessible across multiple networks where gTrade is deployed: Arbitrum, Base, Solana, and Polygon. Thanks to the launch of v10, 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.
These features, coupled with significantly improved UX, set the stage for higher volumes and revenue growth while reinforcing the deflationary $GNS token model. The v10 release enhances these capabilities and establishes gTrade as a versatile futures exchange that serves both retail and professional traders.
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.
