Side-by-side comparison of two perpetual futures exchanges — updated in real time.
Both Kinetiq Markets and Gains Network offer TradFi perpetuals, but they differ in chain, asset coverage, and execution model. Gains Network offers far more markets across three EVM chains, while Kinetiq focuses on curated TradFi pairs on Hyperliquid.
Kinetiq Markets runs on Hyperliquid L1 (HIP-3) with 11 TradFi-focused markets — indices, equities, forex, commodities — at 0.03% maker / 0.09% taker fees and up to 50x leverage. Gains Network operates across Arbitrum, Polygon, and Base with 290 markets spanning crypto, forex, stocks, commodities, and indices, up to 1000x leverage on forex, with a flat 0.05% maker/taker fee. Gains Network offers dramatically wider coverage (290 vs 11 markets) and higher leverage on forex. However, Kinetiq benefits from Hyperliquid L1's sub-second execution speed and integrates with the broader Kinetiq ecosystem (kHYPE liquid staking, kmHYPE exchange LST). Kinetiq uses USDH collateral while Gains Network accepts DAI. The KNTQ token (55% community) and GNS token (fair-launch, deflationary) represent different tokenomics approaches.
Choose Kinetiq Markets for fast execution on Hyperliquid L1 with kHYPE staking integration. Choose Gains Network for 26x more markets, higher leverage options (up to 1000x on forex), and multi-chain accessibility.
