$GNS – gTrade v10 launched

Gains Network released v10 on Aug 4 with a ton of new utility. Here is the important part:

More utility -> more usage -> more volume and fees -> more burn -> less token -> increased buy pressure

> The tech upgrade which features the velocity model at its core has already attracted fee farmers.

> On Aug 15. over 30,000 $GNS was bought back and burned, more than 0.1% of the total supply gone in a single day.

> At one point: 300% APR shorting $ETH on gTrade. Funding fees went live for $ETH. Skew was high, shorts were earning big. If you run funding rate arbitrage strategies, now’s the time as more and more funding fee pairs are being added weekly. Arbitrageurs are taking advantage of this, increasing volume and early farmers get the advantage of extremely profitable funding fees should the trading pair be skewed. As such a whitelist is being provided for farmers.

> Supply reduction: $GNS supply well below 29MM from 34MM

> Unique trading instruments: The only onchain place to trade Volmex implied volatility indices for Bitcoin and Ethereum. $BVIV and $EVIV pair have seen massive trading vol growth.

While v10 is big, there were dozens of upgrades in early 2025 and more are in the workings from the 2025 roadmap. There are NO unlocks, airdrops or VC involvments, gTrade focuses solely on providing the best perp trading experience.