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Home/Compare/Gains Network vs Hyperliquid

Gains Network vs Hyperliquid

Side-by-side comparison of two perpetual futures exchanges — updated in real time.

Metric

Chain

Arbitrum, Polygon, Base

Hyperliquid L1

Type

AMM

Orderbook

24h Volume

$17.6M

$4.97B

Open Interest

$6.8M

$5.42B

Maker Fee

0.050%

0.015%

Taker Fee

0.050%

0.045%

Max Leverage

1000×

50×

Markets

290

190

Collateral

USDC, DAI

USDC

Funding Interval

1h

1h

Airdrop Status

None

$HYPE

Gains Network — Pros & Cons

Pros

Widest asset coverage (290+ markets)
1000x leverage on forex
Battle-tested (4+ years, $130B+ volume)
No VC — fair launch, deflationary token

Cons

150x max leverage on crypto
Peer-to-pool model relies on vault solvency
Complex borrowing fee model

Hyperliquid — Pros & Cons

Pros

Deep liquidity and tight spreads
Sub-second finality on native L1
Zero gas fees for trading

Cons

Single-chain ecosystem
Centralized sequencer
Limited DeFi composability

Trade on Gains Network →Trade on Hyperliquid →

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