gTrade, the decentralized perpetual trading platform developed by Gains Network, has announced the launch of its new Halloween-themed competition, “Trick or Trade,” running from October 22 to November 19. The event will be hosted exclusively on the Arbitrum network, marking another step in the project’s mission to strengthen liquidity and engagement on its most active deployment.
While gTrade operates across several blockchains, the team chose to focus the contest entirely on Arbitrum, which holds the platform’s deepest liquidity and the majority of its historical trading volume. This decision reflects a broader strategy to consolidate liquidity around Arbitrum while keeping multi-chain functionality available for users.
Following the receipt of 4.5 million ARB tokens through the STIP incentive program, plus an additional 2.25 million ARB via STIP.B in 2024, gTrade is now investing its own protocol funds to power the event’s $400,000 total prize pool.
The competition features two main categories:
- P&L Competition – $200,000 Prize Pool
Traders will be ranked by realized or withdrawn profit and loss (P&L) across all pairs, including RWA and DEGEN markets. Only positions opened and closed on Arbitrum with USDC collateral are eligible. - Volume Competition – $200,000 Prize Pool
This category rewards traders based on cumulative trading volume, applying a time-weighted multiplier to favor longer-held positions.
“We designed this competition to celebrate our Arbitrum traders and continue building on the network where our liquidity is strongest,” said Nathan, Project Lead at Gains Network. “By focusing our efforts on Arbitrum, we’re creating a more efficient environment for traders and rewarding the community that has supported our growth.”
The “Trick or Trade” contest showcases gTrade’s long-term commitment to developing its presence on Arbitrum while providing traders around the world with high-performance decentralized trading tools.
