gTrade, the decentralized perpetual trading platform developed by Gains Network, has announced the "Trick or Trade" Halloween Trading Contest, running from October 22 to November 19, 2025, exclusively on the Arbitrum network. The event features a total prize pool of $400,000, funded through a combination of ARB grants and protocol resources. Gains Network previously received 4.5 million ARB from the Short-Term Incentive Program (STIP) and an additional 2.25 million ARB via STIP.B in 2024, which are being invested to support this initiative.
The competition is divided into two parallel tracks: a Profit and Loss (P&L) competition with a $200,000 prize pool rewarding the top 100 traders based on realized or withdrawn profits, and a Volume competition with another $200,000 in rewards for traders ranked by cumulative trading volume, including a time-weighted multiplier for longer-held positions. All trades must use USDC as collateral and occur solely on Arbitrum, with support for various pairs, including RWA and DEGEN markets.
Nathan, Project Lead at Gains Network, emphasized the strategic focus, stating, "We designed this competition to celebrate our Arbitrum traders and continue building on the network where our liquidity is strongest. By focusing our efforts on Arbitrum, we're creating a more efficient environment for traders and rewarding the community that has supported our growth." This event aligns with gTrade's broader goal to consolidate liquidity on Arbitrum, enhancing trade execution speed and reducing slippage while maintaining multi-chain accessibility for users.