🎉 gTrade Credits is now LIVE!
Dive into a trading experience where every transaction brings you closer to unmatched savings, making each trade count! 📈
The more you trade, the more you save. 💰
#gTrade
Lookbacks are an innovative order execution model developed by & exclusive to gTrade's oracle architecture.
They not only rectify missed orders and minimize latency but also guarantee the execution of all orders—a capability not possible on any order book platform! 👇
[1/11]
📢 1st weekly trading contest! 📈
1st place = $7k 🥇
2nd place = $5k 🥈
3rd place = $3k 🥉
Prizes will be distributed in DAI.
Full details on how to participate:
#DeFi
#Uniswap
#NFT
#Trading
#YieldFarming
The time has come...
gTrade is now LIVE on Arbitrum! 🎉
Go check out the stellar UX and lightning-fast execution. 🔥
And if you want to start earning fees as a counterparty to Arbitrum traders, deposit $DAI into the $gDAI Vault!
Happy trading and Happy New Year! 🍏
Our $100k Trading Contest on
@arbitrum
starts on January 25th! 🎉
Traders are ranked by Absolute PNL and Percentage PNL on two separate leaderboards. Top 25 in each win prizes in $DAI!
Just trade on Arbitrum to participate💙🍏
Are you ready, gTrader?
😎
gTrade is hiring! 📣
We have an ambitious roadmap and we're looking to expand the dev team! 🚀
Requires a minimum of 3-4 years experience in any of these areas:
🟢 Frontend
🟢 Backend
🟢 Smart Contract
🟢 Full-Stack
Apply via the "📡 hr-landing-zone" channel in our discord.🍏
🗳️ We listened to the community and listed $MATIC on our decentralized leverage trading platform!
📈 Trade from your wallet, 0% funding fee.
🔥 Custom
#Chainlink
price feed protects you from scam wicks (aggregated from 7 sources).
#PolygonMatic
#DeFi
🍏 Indices are now *live* on gTrade! 🍏
We've brought these indices on-chain:
🔹 $SPY (S&P 500)
🔹 $QQQ (NASDAQ-100)
🔹 $IWM (RUSSELL 2000)
🔹 $DIA (DOW JONES)
Trade their price now with 2x-35x leverage! 🎉
@0xPolygon
is supporting gTrade's growth with a $250k grant targeted for leveraged trading incentives.
🚀 First $150k trading contest is starting January 7th 0:00 UTC and will reward 1,000 traders!
🔎 Details:
$MATIC
#Polygon
#PolygonNetwork
Yesterday, we crossed $300M+ in trading volume between
@0xPolygon
and
@arbitrum
!
Our highest daily volume of 2023 and second highest in the last 6 months. 💪
We're just getting started.
LFG gTraders 🍏
🍏 Introducing commodities on gTrade! 🍏
We're excited to bring another asset class on chain:
🧈 $XAU (Gold) - 0.01% fixed spread, 0.05% fee - up to 250x!
⚓ $XAG (Silver) - 0.04% fixed spread, 0.08% fee - up to 150x!
Can't wait to see commodity gTrades on the leaderboard! 😎
gm - the stakes have been raised. 🍏
gTrade v6.4.1 is now live on mainnet, aligning incentives with the $GNS token and increasing staker revenue capture by ~60-80%! 🔥
Gm, we've added 7 new crypto pairs to gTrade! 🎉
🔹 $ICP
🔹 $EOS
🔹 $CHZ
🔹 $AVAX
🔹 $ATOM
🔹 $NEAR
🔹 $QNT
There are now 44 crypto pairs available on the platform. 🚀
Which are you most excited to trade? 🍏
Today is a tough but important day for crypto.
Aside from the chaos, it's been an opportunity for gTrade to prove its resilience.
While gTrade is a leveraged trading platform, it provides 100% on-chain transparency of holdings, positions, and activity.
1/3
We hit a ~$234,000,000 day and a $327,000,000 day in trading volume within the last couple of months! 🎉
Can you imagine what these numbers might look like after deploying to a chain where there are even more traders? 🤔
If so - I hope you are as excited as we are, gTraders 🍏
gTrade is integrating
@Chainlink
Data Streams and CCIP to support data reliability and future cross-chain initiatives! 👀
For a deep dive into the tech behind the collaboration and its benefits to gTrade users 👇
$GNS burn update! 🔥
With the strong $gDAI Vault collateralization ratios, we've increased the percentage of trading losses going to $GNS burns:
🟣 3% on Polygon
🔵 5% on Arbitrum
Update:
Our Arbitrum contracts are already in the process of being audited by
@HalbornSecurity
🔎
We're going with the best of the best.
Things are moving forward, gTraders
➡️➡️➡️
Introducing King of the Hill: gTrade Edition 👑
gTrade's next trading contest begins June 12th on both
@Arbitrum
&
@0xPolygon
, w/ $100,000 in $ARB & $DAI prizes!
Over 80 traders will be rewarded - get ready to climb the leaderboard & defend your rank 👇
We'll be hosting a $100,000 trading contest shortly after our
@arbitrum
launch! 🍏
We're excited to give traders on Arbitrum a taste of what gTrade can do and stir in a bit of competition.
Are you in?
We are thrilled to announce a new *secret feature* coming soon 🤫
Hints:
➡️ It's got nothing to do with a new vault or chain.
➡️ Despite some speculation, it hasn't been released yet 😂
➡️ It will make trading a breeze.
➡️ No decentralized platform has it.
Lucky guesses?
👇
1/
Thanks for starting this very interesting discussion!
We are going to address every single point raised in this short clip.
While we mainly refer to gTrade, most points also apply to $GMX and other oracle-based leverage trading platforms.
6. Oracle DEXs like $GMX are inferior to orderbooks.
"The future of decentralised exchanges does not look like this."
"It's sort of like a casino.. It's not an exchange.
"On GMX, [price discovery] can't happen organically, so they have to get it from an oracle."
In case you missed it, we added two more synthetic asset classes last week!
Commodities:
🧈 $XAU (Gold)
⚓ $XAG (Silver)
Indices:
🔹 $SPY (S&P 500)
🔹 $QQQ (NASDAQ-100)
🔹 $IWM (RUSSELL 2000)
🔹 $DIA (DOW JONES)
Hmmm... could we be forgetting another asset class in here? 🤔
It's happening.
You can now trade the price of $AAPL, $FB and $GOOGL with leverage, fully on-chain!
📊 Be one of the first to try it:
We can list most major US stocks, more coming soon...
🔎 Read our full announcement here:
Gm gTraders,
We hit over $1B in weekly trading volume last week!
And this week is shaping up to be even bigger. 🤯
Let's keep it going with our month-long $100k trading contest on
@Arbitrum
! 🔥
$GNS Single-Sided Staking is live in under 2 weeks! 🍏
Where do staking rewards come from?
• 40% of fees from market orders (which make up 70% of all gTrades)
• 15% of fees from limit orders
Fee-based rewards are
#RealYield
.
Our gains = your gains 🤝📈
1/
Regarding the current $DAI depeg:
There is no significant long-term consequence on gTrade or $GNS.
Our smart contracts don't require 1 DAI = 1 USD to work.
For example, a 100 DAI trade that wins 10% will just receive 110 DAI regardless of the DAI/USD price.
550 more people started holding $GNS over the weekend: a 7% gain! 🍏
Between Friday and today, $GNS holders jumped from ~8,000 ➔ ~8,550.
This is a vote of confidence for the increasing importance of decentralized players in the space.
Let's build a better space together 🤝
We are delighted to announce that gDAI, our first gToken vault, is live on
@0xPolygon
! 🎉
Interface:
Please begin unstaking your DAI in the current vault to the new one to support the transition!🍏
Rewards will switch to the new vault on Dec 17th.
A big shoutout to our 9,140 $GNS token holders. 🫡
We're thankful to have all of you within the gTrade community, staking to earn platform trading fees! 🍏
🔎 An overview of our custom architecture built on
#Chainlink
to achieve real-time aggregated prices (5 nodes, 7 data sources)
📱 Live on our
#Polygon
mainnet trading platform!
📈 Up to 150x trading from your wallet:
#DeFi
#NFT
@0xPolygon
@chainlink
One gTrader took home a massive $185,906 in profit from a single USD/JPY trade on December 22 🎌
Forex trading now accounts for ~20% of all the volume on gTrade and has grown into one of the platform's key offerings.
Ready to trade forex on Arbitrum? 🍏
Gains Network contributors and community representatives have agreed on a plan to fully align incentives around the $GNS token for the protocol to reach its highest potential. 🍏
Today, we're excited to share that plan and hear from the community:
gTrade hit another $1B in weekly trading volume! 🍏
The platform has consistently accrued ~$1B in weekly volume for the past 5 weeks, giving us a strong start to 2023!
We're here for it. 🔥
gTraders! 🍏
Today's a big day.
We just released a deep-dive article introducing gToken Vaults. 🔥
This is an innovative step forward for gTrade and we're excited to soon bring gDAI Vaults to both Polygon and Arbitrum!
Read about it here:
The Arbitrum Foundation has selected Gains Network to receive the
@Arbitrum
airdrop, as one of the top protocols in the ecosystem.
gTrade has processed $7.3b volume in just 3 months on Arbitrum.
The tokens will be received to 0xF8E93a7D954F7d31D5Fa54Bc0Eb0E384412a158d
🍏 The $7M+ gTrade x
@Arbitrum
Incentives Program is LIVE 🍏
Thanks to
@arbitrum
's STIP and Gains Network's grant match, 4.5M $ARB & 65K $GNS will be rewarded to traders and LPs over 13 weeks, starting now!
Here's how you can trade to earn 👇
Saturday and Sunday are usually the quietest trading days on the market...
But that didn't stop gTrade from surpassing $100M in crypto trading volume both days this past weekend! 📈
Probably nothing. 🤷♂️
💰 January 2022 gTrade revenue:
📈 Trading volume: $2.152 billion
📊 Total revenue: $3.896 million
🛠️ 4.78% went to the development team.
🔥 95.22% flowed back into the project: $GNS holders, LPs, NFTs, $LINK oracles, etc.
#Polygon
$GNS $MATIC
January 2021 ⬇️
~100 daily trades
~$50k daily trading volume
January 2023 ⬇️
~2,000+ daily trades
~$100m+ daily trading volume
The stats are different, but the vision remains the same:
Building the
#1
decentralized synthetic trading platform. 🍏
gTraders, we just passed $20,000,000,000 ($20 billion) in All-Time Trading Volume today! 📈
This is a *massive* landmark for the protocol. 🚀
We're excited to grow even more from here!
(on top of everything we have in store this month 🍏)
Here's to the future, gTraders 🥂
Curious about staking your $GNS? 🤔
Last week, $GNS stakers absolutely raked it in!
They collectively earned over $230k, a new all-time-high for weekly $GNS staking rewards.
All from trading fees. 🍏
Forex trading demand has skyrocketed in recent months.
gTrade has accumulated over $4.3 billion in synthetic forex trading volume, accounting for nearly 21% of gTrade's all-time volume!
We're building a platform for traders of all specialties.
More asset classes on the way. 🤝
We are thrilled to announce that we broke ~$327,00,000 in trading volume today! 🎉
This was our largest trading day in over 8 months 📈
Keep up the trading, gTraders 🍏
Maintaining accurate price feeds is essential for on-chain trading platforms.
gTrade optimizes this process and provides real-time, on-demand price updates through a custom
@chainlink
decentralized oracle network (DON).
A quick refresher on how it works ⬇️
[1/8]
$MATIC has risen to become the 4th most-traded pair on gTrade this week, reaching ~$43.2m in volume!
Polygon has partnered with IG, Reddit and Starbucks.
It's important to keep a balanced perspective in regards to crypto adoption, despite the turbulent week.
We're still here🤝
🍏 New $gDAI Vault TVL All-Time High! 🍏
We've surpassed a combined $30M in TVL between our
@0xPolygon
and
@Arbitrum
vaults.
That's over $10M gained just in January! 🤯
gTraders,
We're proud to bring you the fastest trading experience in the decentralized trading space.
Time to dive into our latest feature, 1 Click Trading (1CT), and why it's such a big step forward for on-chain trading platforms. ⚡
🧵
We launched on
@Arbitrum
2 weeks ago...
And we're now the second largest $DAI holder on the chain! 🚀
The gDAI Vault holds over 9% of all $DAI on Arbitrum after just a couple of weeks. 💸
Last week, the $DAI Vault reached ~$20,000,000 in balance.
Today that balance is currently sitting over ~$23,000,000!
~$3,000,000 worth of inflows were added to the vault in a few days! 🔒
Smart money is realizing the value of decentralized platforms and self-custody of funds.
We are thrilled to announce that we broke ~$234,000,000 in Trading Volume yesterday! 🎉
This was our highest trading day since March,
in large part driven by a renewed demand for Forex Trading 📈
We'd like to give a big Thank You to our gTrade community!
Keep gTrading 🍏
Gains Network is a grassroots effort. 🍃
$0 in VC funding.
We've received several offers, but none yet that align with our vision.
Giving $GNS holders ownership of the protocol is our
#1
priority!
🍏
2022 was a defining year for gTrade, despite a turbulent bear market. 🍏
We dug through the archives and put together an all-encompassing year in review to recap and celebrate how far we’ve come. 🔥
Check it out!
👇
Gains Network's proposal for the
@arbitrum
STIP recently passed via backfund 🍏✅
$6.7M (4.5M $ARB + a grant match of 65k $GNS) will be awarded to active, loyal, and profitable gTraders from December 29th to March 29th.
[1/11]
Sometimes, it can be hard to understand the significance of some innovations.
Our custom oracle architecture, enabled by
@chainlink
, helps improve our
#trading
on
#polygon
.
Here is how our price feed held up during a volatile time in 2021, data is courtesy of
@spaceandglory
:
This week, we crossed 10,000 total gTraders! 🎉
Adoption has been especially strong since we kicked off the new year as a multi-chain protocol.
A warm welcome to our new traders from both the
@0xPolygon
and
@Arbitrum
ecosystems! 🍏
The Arbitrum $gDAI Vault has already surpassed $20M $DAI! 🎉
(coming up on $35M across the two chains) 👀
And with a collateralization ratio of over 106% on
@Arbitrum
, we've increased the percentage of trading losses going to $GNS burns up to 3%.
Happy weekend trading! 🍏
On February 17th, we hit a new all-time high of $8m for daily trade volume on commodities! 🔥
We're glad to see traders apply their edges to a more diversified set of asset classes on the platform.
Traders of all specialties are welcome on gTrade. 🤝
We reached over $22m in synthetic stock trading volume this month!
That's on par with our record-setting month back in May. 🚀
Let's keep breaking records. 😎
Let's talk long-term protocol earnings. 📈
We're ranked 4th on
@tokenterminal
's 180D Earnings Leaderboard (much of which goes to $GNS stakers 👀)
gTrade has been at the front of the pack for over 6 months.
Probably nothing. 🤷♂️
The upcoming $gDAI Vault improves on the current $DAI Vault in a number of ways:
✅ A recollateralization measure that is better for $GNS Holders.
✅ No bank runs or death spirals - even during contagions.
✅ New use cases *after* depositing your $DAI into the Vault.
🍏
Staking $DAI into the $DAI Vault supplies liquidity for all the trades on gTrade in return for a portion of the platform fees.
We're making depositing into the new Vault an even bigger win-win by introducing a new yield-bearing token for stakers.
More on this soon. 🤝🍏
We've recently had 2 of our biggest trading days in the last 6 months!
✅ On September 30, we broke $234,000,000 in daily trading volume
✅ 2 weeks later on October 15, we hit a whopping $327,000,000 in daily volume 🎉
Will the Arbitrum migration impact these numbers? 📈
👇
We've collaborated with
@0vixProtocol
to launch their upcoming $gDAI market on
@0xPolygon
! 🟣
$5,000 worth of $GNS alongside additional $VIX rewards will help incentivize the first month.
Keep your eyes peeled for when it launches. 🍏
#0VIX
is proud to partner with
@GainsNetwork_io
, the premier derivatives platform on
@0xPolygon
⚡
🎉 To celebrate, Gains will incentivize 0VIX’s soon-to-come $gDAI market, starting with $5,000 worth of $GNS for the first month, next to $VIX rewards 💸
🧵👇 1/3
Our liquidation bots account for 99.7% of Chainlink's direct requests (431,000+) in the last 30 days.
@ChainLinkGod
We built a custom Chainlink DON to provide accurate prices for trading on gTrade.
@SergeyNazarov
$LINK is paid to the node operators for providing the prices.
gTrade's is now the *biggest* $DAI holder on
@0xPolygon
! 🎉
🔒 The $DAI Vault's balance crossed $20,000,000 yesterday and now makes up ~16.2% of all the $DAI supply on Polygon!
🤝 We're thrilled to be a significant (and growing) part of the Polygon ecosystem!
We've surpassed $100M in total stock trading volume! 😎
gTrade is the only place to synthetically trade stocks, forex, and crypto on-chain.
It's time to get your weekend trades in. 🍏
Gm gainers! 🍏
We know you've been eagerly awaiting v6.2...
The wait is over - it's now LIVE! 🎉
➡️ $GNS Single-Sided Staking
➡️ Referral Program
➡️ Protocol Optimizations
Start staking $GNS to earn fees in $DAI from trading activity on gTrade! 🔥
We're cooking up a cool $DAI Vault upgrade:
✅ Incentives Alignment - Vault collateral will be maintained through new incentives.
✅ More use cases - Other protocols will be able to build on top of the $DAI Vault, giving $DAI stakers more options.
Something to look forward to!
$MATIC jumped ahead and become the 2nd most traded pair on gTrade this week!
➡️ Last week, Polygon announced its partnership with Instagram.
This will allow IG users to mint NFTs on Polygon!
➡️ JPMorgan Chase also used Polygon to execute its first DeFi transaction.
Big moves!
We are glad to announce that the
@arbitrum
STIP backfund vote has passed!
Gains Network will receive 4.5M $ARB tokens to distribute as incentives to:
- Traders on (point system)
- $GNS and $gDAI liquidity providers on DEXes
More details coming soon! 🔥
🍏 7 new Exotic Forex Pairs are now LIVE on gTrade! 🍏
These include:
💸 EUR/NOK
💸 EUR/SEK
💸 USD/CNH
💸 USD/KRW
💸 USD/MXN
💸 USD/SGD
💸 USD/ZAR
Exotic forex pairs trade with a 0.02% fee and up to 500x leverage. 🔥
Enjoy, gTraders 🤝
gTrade has passed $25B in Total Trading Volume! 🚀
3 weeks left in our $100k
@Arbitrum
trading contest - any predictions for what the total volume will be on February 25th? 👇
gTrade in Volatile Markets:
The $DAI Vault took a big hit during the $LUNA crash.
This time around - its collateralization was unaffected, courtesy of the v6.1 Rollover Fees adjusting to market volatility as designed! 🤝
gTrade becomes more sustainable with every iteration.
Imagine trading the price of
#stocks
on-chain right from your web wallet.
Then imagine not having to sign-up, 0% price impact on trades, and 0% funding / borrowing fee. 🧐
Wouldn’t that be cool?
#Web3
#gTrade
November is a big month for gTrade, but October saw the platform break new records in terms of adoption.
Here's everything that happened in October on gTrade, in under 5 mins.
👇
🧵
We passed 20,000 Twitter followers over the weekend 🎉
We're grateful to our community for growing alongside us - not too long ago we were a pretty unknown project! 🍏
We're just getting started, gTraders 😎
1. Bridging $GNS tokens and NFTs between Polygon and Arbitrum is live!
2. $gDAI staking on arbitrum is live as well! (no rewards yet)
3. SSS front-end is coming very soon, and trading will be activated after.
👀
January was a record-setting month! 🍏
Don't miss the recap - we cover:
• Platform growth
• New asset classes
• Partnerships
• $100k trading contest
• UX improvements
At the end, we discuss what's on the horizon for gTrade! 👀
Much of this year's contagion came from a daisy chain of borrowing & lending between entities with little transparency.
gTrade's protocol health is entirely on chain.
Never a need for shady behind-the-scenes efforts to patch liquidity holes.
Transparent trading, always 🍏
140 new users joined gTrade on November 9!
This is the highest daily influx of new users in 10 months.
On gTrade:
✅ No manipulation - every trade is transparent with 100% on-chain execution.
✅ No withdrawal locks - we can't stop you from taking your profits.
Trade safer 🤝
In the last 30 days, our Polygon users traded $336M in ETH/USD volume.
In that same period, our Arbitrum users traded $1.29B in ETH/USD volume!
Arbitrum gTraders are loving the crypto pairs. 🤯
What've you been trading? 👇
We have just made the transition to our v6.3 price aggregator on Polygon! (was already live on Arbitrum)
It now uses the Uniswap V3 GNS/DAI 1% fee pool to get the 1 hour TWAP price.
GNS/DAI LP incentives have therefore been stopped, redirected 50/50 to $gDAI and $GNS staking.
We've just released the full details on the gTrade v6.2 update!
🔥 $GNS staking for $DAI fees
📈 2-level referral system
⚙️ Simpler fees
And much more...
📈 $46,000,000+ volume in the last 24 hours!
📊 Scamwick protected during these volatile times.
🔥 Start trading 37 cryptos with up to 150x leverage!
🌊 Fresh UI improvements.
$MATIC
#Polygon
#DeFi
#PolygonNetwork
🍏 Multi-charts are now *live* on gTrade 🍏
Streamline your trading experience by having multiple charts open in the same window. Select 1, 2 or 4 charts to view per window! 📈
Multiple asset classes + multi-charts...
Who's ready?
🔥
Introducing gTrade v6.3.2: Borrowing fees 🍏
Borrowing fees improve platform efficiency, risk management, OI scaling, + more.
The contracts have been deployed, to be live once
@HalbornSecurity
's audit is complete & the timelocks elapse.
Learn more ⬇️