Welcome to the gTrade Bi-weekly #47 Let’s get stuffed with gTrade news. Gobble up all the stats! 🦃 🎃 Trick or Trade Complete: We hope you got out with nice bags of candy! Thank you to all the traders who participated and our community and ecosystem partners who pushed the event! The Trick or Trade competition has wrapped up with over $2.6 billion in total USDC volume on @arbitrum. Traders competed for volume-based incentives as well as an absolute PnL competition. See the leaderboard as it stands here: 🏆 Rewards Incoming: Trick or Trade rewards are set to be distributed Monday, as well as the community $GNS rewards to our X warriors! Trading rewards will be sent directly to a traders active trading wallet. No claim needed. Community $GNS rewards… watch your X DM’s! 🤍 Whitelisted: Many traders who were previous gTrade customers or traders on other exchanges were given whitelist slots to trade through the end of the competition. These traders saw a temporary $GNS stake that locked them into the deep 50% discount. If you traded during the whitelist event, your volume-based tier discount is still active. Want more discounts? Volume + staked $GNS can stack for bigger discounts! 🖥️ Sybil Protection: The team spotted and removed several Sybil-associated wallets in an effort to ensure the trading competition was based on individual skill, ensuring the Trick or Trade rewards were sent to real traders and real users. 🔥 The Incredible Burn: Competition activity helped fuel the burn of over 750k $GNS through buyback and burn. The extrapolated burn APY remained above 40% for the bulk of the competition! Intense! 🦎 Live on @coingecko: gTrade is now part of the largest index of perpetual DEXs online. This integration ensures gTrade has a place among its peers and enhances the visibility of one of the OG Perp DEXs in the space. Visit the index here: ☝️ VOOI Nice: Our latest integration partner has hit a milestone! Over $1 billion in volume has been routed to gTrade through VOOI. As a result of the integration, traders on VOOI have access to gTrade’s nearly 300 pairs across crypto, forex, stocks, and commodities. Degen pairs? Those are there too. Thank you @vooi_io — here’s to the next billion! 🔒 $DAI Trading Closed: Thank you to our vault stakers and $DAI traders for your service. As of now, the ability to trade $DAI as collateral is closed, and the vault’s APY is falling in accordance with the sunset. We encourage traders to withdraw from the $gDAI vault, swap into $USDC, and deposit into the $gUSDC vault to continue earning stablecoin yield. See the details here: ⚙️Dev Update⚙️ Frontend: Weekly fee discount rotations; trade history improvements; trading panel, chart, 1CT improvements; burn page iterations Backend: Major upgrade to backend infrastructure - improved reliability, trade history; analysis of depth source upgrades; contest reward analysis; Dune fixes/improvements Smart contracts: 10.3.1; feature planning
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