Gains Network Launches gTrade v10 to Boost Scalability and Liquidity

Gains Network has officially launched gTrade v10, a significant protocol upgrade designed to enhance scalability, liquidity, and capital efficiency on its decentralized leveraged trading platform. The upgrade marks a key milestone in the platform’s growth strategy and is supported by the core development team and active community on blockchains like Polygon and Arbitrum [1].

The new version introduces advanced features aimed at improving trading utility, including a synthetic architecture and integrated NFT components. These innovations are expected to attract a broader audience and improve the platform's competitive positioning in the decentralized trading space [1].

To further drive adoption, Gains Network has launched a $200,000 trading competition, signaling confidence in the platform’s ability to attract new users and liquidity. The competition is seen as a strategic move to incentivize participation and increase market visibility, potentially leading to higher trading volumes and stronger engagement with both crypto and traditional assets [1].

Historical trends and past upgrades on similar platforms have demonstrated that such improvements can lead to notable increases in user activity and token price performance. Experts from Kanalcoin suggest that the success of gTrade v10 could mirror the positive outcomes observed in previous major protocol upgrades, including those on dYdX, which saw significant growth in trading volumes and liquidity [1].

The launch of gTrade v10 is also expected to benefit major cryptocurrencies by enhancing liquidity depth and improving capital efficiency. Analysts highlight that the platform’s deflationary tokenomics and staking incentives may further contribute to the growth of its native token, GNS [1].

Gains Network emphasized that gTrade v10 is a major step forward in its mission to provide a robust and scalable decentralized trading infrastructure. The platform remains committed to innovation and user-driven growth, with a focus on delivering secure and efficient trading solutions to the broader DeFi ecosystem [1].

Source: [1] Gains Network Launches gTrade v10 for Enhanced Scalability (https://coinmarketcap.com/community/articles/6890ef391137bf3ffd758d99/)