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:
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.
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Author: NixCoin
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