Decentralized perpetuals platform gTrade has announced the launch of its v10 update, featuring significant performance enhancements and expanded capabilities for traders.
Key Changes in v10
The v10 update includes a transition from the previous borrowing fee model to a funding fee system. This structural shift aims to ease pressure on open interest caps, allowing traders to avoid hitting these limits too soon.
New Opportunities for Traders
gTrade now supports over 240 digital assets and offers synthetic exposure to traditional financial markets, including equities, forex pairs, indices, commodities, and precious metals. This enhancement makes the platform more competitive for both retail users and institutional desks exploring decentralized infrastructure.
Upcoming $200,000 Trading Competition
To celebrate the launch, gTrade will host a trading competition with a prize pool of $200,000 in August. Participants can join from Arbitrum, Base, Solana, and Polygon.
The v10 update significantly enhances gTrade's performance and expands the platform's capabilities for traders, providing an improved trading experience in a decentralized environment.