[City, Country] – October 16, 2025 – gTrade, the decentralized perpetual trading platform from Gains Network, has launched a new trading competition titled “Trick or Trade”, offering a total of $400,000 in rewards. The contest will run from October 22 to November 19 and will be held exclusively on the Arbitrum blockchain.
The event is designed to drive further trading activity on Arbitrum, the network where gTrade has seen the highest liquidity concentration and trading volumes to date. While the protocol operates across several chains, the Halloween initiative emphasizes gTrade’s intent to anchor its trading infrastructure around Arbitrum, without abandoning its multi-chain accessibility.
The $400,000 prize pool is being funded by gTrade’s own protocol reserves. This follows its earlier support from Arbitrum’s STIP and STIP.B programs, which awarded the platform a combined 6.75 million ARB tokens in 2024. All eligible trades must be executed and settled on Arbitrum using USDC as collateral.
The competition includes two separate prize categories, each allocating $200,000 in rewards:
- Profit & Loss Leaderboard
The top 100 traders will be ranked based on realized or withdrawn P&L across all available pairs, including RWA and DEGEN markets. Only positions opened and closed on Arbitrum with USDC collateral will qualify. - Volume Leaderboard
Participants will also be rewarded based on total trading volume. A time-weighted multiplier will be applied, giving an edge to longer-duration positions and encouraging less frequent, higher-conviction trades.
Nathan, Project Lead at Gains Network, commented on the contest’s strategic focus:
“We designed this competition to celebrate our Arbitrum traders and continue building on the network where our liquidity is strongest. 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” campaign is part of gTrade’s broader plan to streamline liquidity into a single deployment while continuing to offer decentralized trading options across multiple ecosystems.