Decentralized derivatives trading platform Gains Network announced the launch of the new gTrade V7 version, introducing gETH, gUSDC and adding multi-collateral deposit function. Multi-collateral means that traders can choose from a range of cryptocurrencies as collateral for their positions, currently able to choose USDC, ETH or DAI. The V7 version will also introduce liquidity yield tokens gUSDC and gETH. In addition, Gains Network revealed that gTrade has processed over 1.38 million transactions in the past 18 months, with a total trading volume of $56.4 billion and fee income of $38 million.
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