24h Volume
$15.3M
+24.7% 24hOpen Interest
$6.4M
Fee
Mar 2026 — May 2026 · 69 days
Veteran decentralized leveraged trading platform since 2021. Supports 290+ markets across crypto, forex, stocks, commodities, and indices with up to 1000x leverage on forex.
Gains Network (gTrade) is one of the longest-running decentralized leveraged trading platforms, operating since October 2021. Deployed across Arbitrum, Polygon, and Base, it offers the widest asset coverage in DeFi with 290+ markets spanning crypto, forex, stocks, commodities, and indices — and up to 1000x leverage on forex pairs.
The platform charges a flat 0.05% for both maker and taker fees. Crypto pairs support up to 150x leverage, forex up to 1000x, with other asset classes having their own limits. This multi-asset, multi-leverage approach serves diverse trader profiles: from crypto perp traders to forex enthusiasts to stock speculators, all within one DeFi interface.
Gains Network uses a peer-to-pool AMM model where the gDAI vault acts as counterparty to all trades. The platform has processed over $130 billion in cumulative volume across its multi-year history, demonstrating sustained product-market fit.
The GNS token was fair-launched with zero venture capital funding — a rarity in DeFi. Its deflationary mechanics direct 54% of protocol fees to buyback and burn, steadily reducing supply. GNS stakers earn their share of protocol revenue, creating aligned incentives between token holders and platform users. Audited by Certik.
Gains Network is the definitive choice for traders who want the broadest asset coverage in DeFi. No other decentralized platform matches its combination of crypto, forex, stocks, commodities, and indices with extreme leverage options.
Hyperliquid and Gains Network target different market segments. Hyperliquid dominates crypto perp trading with its L1 orderbook, while Gains Network offers the widest asset coverage including forex, stocks, and commodities at up to 1000x leverage.
Aster and Gains Network are the two most feature-rich perp DEXes, both offering hundreds of markets with extreme leverage. Aster focuses on crypto and tokenized stocks on BNB Chain, while Gains Network covers forex, stocks, and commodities across three chains.
edgeX and Gains Network cater to different trader needs: edgeX focuses on crypto perp execution speed on Ethereum L2, while Gains Network provides the widest asset diversity across three chains.
Lighter and Gains Network sit at opposite ends of the perp DEX spectrum: Lighter eliminates trading fees on its orderbook, while Gains Network offers the widest asset coverage with forex and stocks at up to 1000x leverage.
Jupiter Perps and Gains Network offer complementary strengths: Jupiter provides clean, focused crypto perp trading on Solana, while Gains Network delivers the broadest asset coverage with forex, stocks, and commodities.
dYdX and Gains Network are two veteran perp DEXes with different strengths: dYdX excels in crypto perp trading with its sovereign chain, while Gains Network offers unmatched multi-asset coverage.
GMX v2 and Gains Network are both established oracle-based perp platforms on Arbitrum, but they differ in asset coverage, leverage, and pool design.
Drift and Gains Network are both veteran perp DEXes launched in late 2021, but they serve different purposes. Drift is a complete Solana DeFi protocol, while Gains Network offers the widest asset coverage across three EVM chains.
SynFutures and Gains Network both offer extensive market selections and non-orderbook models, but SynFutures focuses on crypto with an Oyster AMM on Base while Gains Network spans crypto, forex, stocks, and commodities across three chains.
ApeX and Gains Network serve different trader types: ApeX provides a curated StarkEx orderbook for crypto perps, while Gains Network offers the widest asset selection with forex and stocks across three chains.
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.
