Shift from Borrowing Fees to Funding Fees Decentralized perpetuals exchange gTrade has released version 10 (v10), its most significant upgrade to date, introducing a funding fee model that replaces the previous borrowing fee structure. The new mechanism is designed to improve scalability, reduce open interest constraints, and support more sophisticated trading strategies such as swing trading, arbitrage, and hedging. “gTrade v10 is an expansion of what’s always made the platform special,” said founder Seb. “We’re taking the precision and transparency that scalpers loved and unlocking it for a broader class of traders, integrators, and funding fee farmers.” Broader Market Access and Partner Integration With v10, gTrade extends synthetic exposure to a wide range of traditional assets—including equities, indices, forex, and commodities—alongside more than 240 cryptocurrencies. The expanded offering enhances the protocol’s positioning as a general-purpose Perp DEX. Integration partners like Bifrost, Volmex Finance, and Symphony.io can now access higher open interest limits and new capital-efficient mechanisms, enabling advanced use cases such as cross-market strategies and hedged positions. $200K Competition and Platform Growth To mark the launch, gTrade is hosting a $200,000 trading competition in August across Arbitrum, Base, Solana, and Polygon. The event aims to drive engagement with the new system and reward top performers. v10 also introduces system-recognized arbitrage roles, funding fee incentives, and native price discovery—bringing the platform’s execution closer to centralized exchanges while maintaining DeFi principles. With over $100 billion in lifetime trading volume and $60 million in revenue, gTrade continues to evolve as a high-performance derivatives venue. The v10 upgrade reinforces its deflationary $GNS token model and positions the platform to better serve both retail and institutional traders. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
