Managed Node Services Spotlight: gTrade

Matrixed.Link
3 min readApr 7, 2023

gTrade, a decentralized leverage trading platform created by GainsNetwork, has facilitated over $34 billion in leveraged trading volume, enabling 13,000 traders to engage in on-chain leveraged trading. This growth is supported by a network of top Chainlink node operators, including DevOps teams from global Web3 service providers and stand-alone community members.

In this article, we introduce our new series, Managed Node Services Spotlight, which showcases our expertise in providing critical infrastructure to service the billions of data requests received through Chainlink and other DLT nodes.

Matrixed.Link joined the gTrade Node Operator set in February 2021 on the Mumbai testnet, and now services gTrade’s Chainlink node on both Arbitrum and Polygon; having already fullfilled over 5 million oracle requests. Over the years, we have expanded our offered services to their platform, managing their blockchain endpoints with low-latency and secure blockchain connections.

gTrade architecture visualized

As an external party managing Chainlink nodes, we play a key role in expanding the rapidly growing Web3 economy. We also receive rewards for providing data points on-chain, creating significant opportunities for our node operator business. If you are interested in utilizing Chainlink oracles in your application, please contact us at https://www.matrixedlink.io/contacts.

About Chainlink

Chainlink is the most attractive oracle solution for both Web3 applications and node operators. It provides data integrity by cryptographically signing all data supplied on-chain to verify its origin, preventing man-in-the-middle attacks. Chainlink nodes are also blockchain agnostic, compatible with any blockchain environment, serving as a single gateway to sell data to any current or future blockchain. Chainlink is also the most widely used oracle network in the blockchain industry, providing access to a vast addressable market of potential data consumers. Chainlink is thoroughly audited open-source software that already secures billions of dollars in value, showcasing its ability to trigger the automation of high-value smart contacts live in production.

Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link. To discuss an integration, reach out to an expert.

About gTrade

gTrade utilizes a custom Chainlink DON to offer synthetic assets, allowing users to trade crypto, forex, stocks, indices and commodities with up to 1000x leverage. By utilizing a single gDAI vault, users can trade without owning the underlying asset. Simply owning DAI in a wallet enables users to trade in a no-KYC environment with up to $125k collateral per trade. gTrade is positioning itself as one of the center players in the decentralized derivative ecosystem, offering over 90 pairs across multiple chains and becoming a key player in DeFi innovation.

To learn more about gTrade, visit gains.trade or read their documentation at their gitbook.

About Matrixed.Link

Matrixed.Link is a DLT service provider based in the Netherlands that is committed to delivering the most reliable and secure on-chain data for the web3 ecosystem. The team at Matrixed.Link works tirelessly to help advance the web3 space, offering a range of services as a node service provider. They run validators, oracles, and premium endpoints for leading web3 companies. The team is continuously expanding its services to increase its footprint in the web3 ecosystem.

If you’re interested in discussing an integration with Matrixed.Link, please visit their contact page at https://www.matrixedlink.io/contacts

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