Welcome to the 45th BiWeekly Update. So much is happening — let's review.
26 Oct 2025, 22:46
Welcome to the 45th BiWeekly Update! So much is happening — let’s review!
🎃 Trick or Trade Go-Live: On Wed, Oct 22, the Trick or Trade competition went live! Traders immediately jumped onto the scoreboard for both the PnL and Volume competitions. Traders on @Arbitrum and @Solana are eligible for $400k in spooky $USDC rewards!
Jump into the Trick or Trade here: gains.trade/trickortrade
See the @GainsNetwork_io kickoff tweet here:
Watch Brian and Ves Trick or Trade live:
🚜 OC Pull Passed: The additional OC to boost the trading competition rewards from $200k to $400k passed with flying colors! gTraders understand the value of pushing hard in the current market, and v10 is the vehicle giving both new and returning traders a stellar gTrade experience. The volume x time-based incentives and PnL trading competition are the icing on the cake!
Read more at the governance forums here:
🆕 v10.2 Launch: gTrade’s latest update delivers tighter spreads on most pairs! The Virtual Order Book introduces a new UI feature that gives traders a clear visual representation of order book liquidity. Where does the spread come from if gTrade is synthetic? Good question! The spreads are derived from aggregated data across multiple exchanges, ensuring accurate pricing for on-chain assets.
🚀 OI Boost and Trader QOL: As part of gTrade’s ongoing improvements, available Open Interest has been increased on Arbitrum USDC pairs. In addition, fees have been reduced from 6bps to 5bps across all chains and collaterals.
🎙 Media Coverage: Hackernoon, MEXC, Bitget, and more have covered the Trick or Trade press release! Word is spreading fast, and gTrade is firing on all cylinders! The community, integration partners, KOLs, media outlets, and marketing partners are working together to push the competition to new heights—collaboration at its finest!
Visit Hackernoon
Visit Bitget
Visit MEXC
Visit Decrypt
🔊 Vooi Volume Intensifies: Our latest integration partner, Vooi, is seeing a surge of trades opened through gTrade pairs. Over the last 7 days, Vooi has become gTrade’s top referral partner—a major success! gTrade has also partnered with @vooi_io to offer $5,000 in $GNS incentives for trading gTrade assets on Vooi Light. Plus, Vooi traders using gTrade pairs are eligible for the Trick or Trade competition. Does it get better than this?
Trade on Vooi here:
🔥 Burn Notice: The circulating supply of $GNS has dropped below 28 million, and the Buyback and Burn continues strong! In the last 30 days, 442k $GNS have been burned. The recent crypto-wide volatility has further accelerated the burn rate.
✅ New Listings: $TURTLE, $METEORA, and $USELESS
⚙️ Dev Update ⚙️
Frontend: Finalized v10.2 VOB; v10.3 GNS discounts; contest UX; landing page redesign; trader QoL improvements
Backend: Pair listings; contest infrastructure; v10.2 production readiness; data quality; risk monitoring
Smart Contracts: v10.2 release; v10.3 production readiness