v9: Elevating Trade Management

Gains Network
Gains Network
Published in
4 min readJul 1, 2024

gTrade, known for its diverse trading pairs, high leverage options, accurate pricing, guaranteed orders, and 0% price impact on BTC & ETH announces the release of v9. This major update expands on gTrade’s robust feature set, giving traders new tools to manage their positions. Launching alongside gTrade’s participation in Arbitrum’s STIP.b incentive program, v9 combines enhanced trading capabilities with attractive reward potential, offering compelling reasons for both new and experienced traders to trade on the platform.

Key Updates in v9

Dynamic Position Size Adjustments

Traders can now increase or decrease their position size on open trades without closing and reopening positions. While only market orders for now, this feature benefits seamlessly from gTrade’s guaranteed order execution, ensuring traders get the price they expect.

Traders can use this to:

  • Increase position size when the market moves in their favor to amplify potential gains
  • Decrease position size to lock in partial profits or reduce exposure in uncertain market conditions
  • Adjust positions to average up (for longs) or down (for shorts) based on new market information

Flexible Collateral Management

v9 allows traders to deposit or withdraw collateral from open positions, giving them more control over leverage and risk exposure.

Traders can use this to:

  • Deposit collateral to reduce leverage and decrease liquidation risk
  • Withdraw collateral to free up capital for other trading opportunities
  • Fine-tune leverage based on changing market conditions

Removal of Minimum Position Size

gTrade has adjusted its trade sizing policy. Trades can now be placed below the previous minimum position size requirement, and will be charged a fee equivalent to the previous minimum position size.

Current minimum fee paid:

Polygon: $1.2

Arbitrum: $4

Arbitrum STIP.b Incentive Program

Coinciding with the v9 release, gTrade is participating in Arbitrum’s STIP.b incentive program. Gains Network distributes 2.25 million $ARB tokens over 11 weeks. 1.8 million is going directly to traders, with the first distribution occurring during the v9 release week. Traders can earn $ARB based on:

  • Fees spent on trades, including the new position size and collateral adjustments
  • PnL earned, including profits from decrease position size events
  • Frequency of trading each week (epoch)

This incentive program adds an extra layer of rewards to gTrade’s already powerful feature set, including:

  • Diverse trading pairs: 181 pairs across crypto, forex, and commodities
  • High leverage options: 2–150x leverage range
  • Accurate pricing: Median spot price from multiple exchanges
  • Guaranteed order execution: Orders fulfilled at the price you set, no price impact
  • 0% Spread on BTC & ETH: Cost-effective trading on major pairs

Additional UX Updates and Notes

gTrade v9 brings several user interface enhancements to improve the trading experience:

New active trade rows

The active trades section has been redesigned for better visibility and easier management of open positions.

Active trades card view

Traders can now switch to a card view for a more visual representation of their trades. Card view is default on mobile devices.

Trade management sequence

A new tutorial sequence has been added to guide traders through the enhanced features of active trade management.

NOTE: Position size increase workflow

To increase position size, traders should work through the existing trade interface, not the trading panel. A notice has been added to help prevent confusion and ensure proper use of this new feature.

Arbitrum incentives integration

The UI now reflects participation in the Arbitrum STIP.b incentive program, allowing traders to track their potential rewards.

Closing

The v9 release represents a significant enhancement to the trading experience. Combined with incentives and the existing rich set of features, there’s no better trading outlet. These new features not only provide traders with more precise control over their strategies but also offer additional opportunities for rewards.

gTrade looks forward to seeing how traders will leverage these new capabilities to optimize their trading performance and maximize their rewards. As always, trader feedback is welcome as gTrade continues to innovate and improve the platform in future releases.

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