gTrade launches a $400,000 “Trick or Trade” contest exclusively on Arbitrum, reinforcing its focus on deepening liquidity and user engagement on the network. The competition features P&L and Volume categories worth $200,000 each, rewarding top-performing traders using USDC collateral across gTrade’s markets. Arbitrum’s trading ecosystem has seen a major boost as gTrade launches its “Trick [...]]]>gTrade launches a $400,000 “Trick or Trade” contest exclusively on Arbitrum, reinforcing its focus on deepening liquidity and user engagement on the network. The competition features P&L and Volume categories worth $200,000 each, rewarding top-performing traders using USDC collateral across gTrade’s markets. Arbitrum’s trading ecosystem has seen a major boost as gTrade launches its “Trick [...]]]>

Arbitrum Gets a Boost as gTrade Launches $400,000 “Trick or Trade” Contest

  • gTrade launches a $400,000 “Trick or Trade” contest exclusively on Arbitrum, reinforcing its focus on deepening liquidity and user engagement on the network.
  • The competition features P&L and Volume categories worth $200,000 each, rewarding top-performing traders using USDC collateral across gTrade’s markets.

Arbitrum’s trading ecosystem has seen a major boost as gTrade launches its “Trick or Trade” Halloween Contest with a $400,000 prize pool. The event, running from October 22 to November 19, will take place exclusively on the Arbitrum network, underlining Arbitrum’s growing role as a hub for high-performance DeFi activity.

gTrade is a decentralized perpetual trading platform by Gains Network. gTrade is committed to building deeper liquidity and user activity on Arbitrum, which is the project’s most active and liquid deployment.

“Trick or Trade” timing is perfect. Arbitrum is continuing to attract top-tier DeFi protocols, consolidating liquidity within its ecosystem.

According to the announcement, the trading competition will be powered by both protocol funds and past allocations received through Arbitrum’s STIP incentivization programs. This includes a 4.5 million ARB from the initial STIP and 2.25 million ARB through STIP.B in 2024.

Also Read: Arbitrum TVL Surges 60% in Three Months as DeFi Expands

Two Competition Tracks, $200,000 Each

The “Trick or Trade” contest features two main categories. Both are designed to engage active traders across multiple markets:

  • P&L Competition – $200,000 Prize Pool
    Rewards the top 100 traders ranked by realized or withdrawn profits and losses (P&L) across all supported pairs, including real-world assets (RWA) and DEGEN markets. All positions must be opened and closed on Arbitrum using USDC as collateral.
  • Volume Competition – $200,000 Prize Pool
    Recognizes traders with the highest cumulative trading volume on Arbitrum. A time-weighted multiplier will apply, rewarding traders who hold positions longer and demonstrate consistent engagement.

Project Lead at Gains Network, Nathan said:

Arbitrum continues to grow as a leader in DeFi. Programs such as gTrade’s “Trick or Trade” are not the first for the ecosystem. Earlier last month, Arbitrum launched its $40 million DeFi Renaissance Incentive Program (DRIP) to attract deeper liquidity and strengthen on-chain engagement across its ecosystem. The initiative allocated 80 million ARB tokens for structured incentives over several seasons, rewarding active participation in lending and DeFi protocols like Aave, Morpho, and Fluid.

Decentralized platforms are increasingly turning to Arbitrum. The “Trick or Trade” contest shows how well-designed programs can drive user engagement and deepen network activity. Together, they’re fueling steady ecosystem growth.

]]>
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