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GNS Gains Network
Currency:
🇺🇸
USD
🇺🇸
USD - US Dollar
🇨🇳
CNH - Offshore Chinese Yuan
🇯🇵
JPY - Japanese Yen
🇰🇷
KRW - South Korean Won
🇭🇰
HKD - Hong Kong Dollar
🇦🇺
AUD - Australian Dollar
🇪🇺
EUR - Euro
🇨🇭
CHF - Swiss Franc
🇬🇧
GBP - British Pound
🇨🇦
CAD - Canadian Dollar
🌐
TWD - Taiwan Dollar
🇲🇾
MYR - Malaysian Ringgit
🇸🇬
SGD - Singapore Dollar
🇳🇿
NZD - New Zealand Dollar
$ 0.6344
+$0.003649
+0.58%
$0.6362
24H High
$0.6259
24H Low
$12.45
All-Time High
$0.259
All-Time Low
1.25M
24H Volume
$787.71K
24H Turnover
--
Total Supply
$14.87M
Market Cap
1.65%
24H Range
23.44M
Circ. Supply
$0.6366
Prev Open (UTC+8)
$0.64
Prev Close (UTC+8)
--
Circulation Ratio
GNSMarket
-
Trend
-
K-Line
GNS Summary
Gains Network (GNS) is a decentralized leveraged trading platform that allows users to trade a wide range of assets, including cryptocurrencies, forex, and commodities, with high leverage. Built on Polygon and Arbitrum, Gains Network aims to provide a capital-efficient and transparent trading experience by leveraging its gDAI vault and synthetic architecture. This approach enables traders to access deep liquidity and execute trades with minimal slippage, while the platform maintains a robust risk management system.
The core technology behind Gains Network involves a unique synthetic architecture where trades are settled against a vault of DAI. This mechanism allows the platform to offer high leverage without requiring a large amount of underlying asset liquidity, making it highly capital efficient. The gDAI vault acts as the counterparty for all trades, absorbing profits and losses, and is secured by a dynamic hedging system. Furthermore, the platform utilizes Chainlink oracles for reliable and tamper-proof price feeds, ensuring fair and accurate execution of trades.
The GNS token is integral to the Gains Network ecosystem, serving multiple purposes. It functions as the utility and governance token, allowing holders to participate in the platform's decision-making processes through decentralized governance. GNS holders can also stake their tokens to earn a share of the platform's revenue, which is generated from trading fees. Additionally, GNS is used for liquidity provision and as a collateral asset within certain aspects of the platform, further integrating it into the operational mechanics and incentivizing network participation.
Gains Network distinguishes itself in the decentralized finance (DeFi) space by offering a comprehensive leveraged trading solution that rivals centralized exchanges in terms of asset variety and leverage options, while maintaining the transparency and security inherent in blockchain technology. Its cross-chain deployment on Polygon and Arbitrum enhances accessibility and reduces transaction costs, positioning it as a competitive player in the evolving landscape of decentralized derivatives trading.
The core technology behind Gains Network involves a unique synthetic architecture where trades are settled against a vault of DAI. This mechanism allows the platform to offer high leverage without requiring a large amount of underlying asset liquidity, making it highly capital efficient. The gDAI vault acts as the counterparty for all trades, absorbing profits and losses, and is secured by a dynamic hedging system. Furthermore, the platform utilizes Chainlink oracles for reliable and tamper-proof price feeds, ensuring fair and accurate execution of trades.
The GNS token is integral to the Gains Network ecosystem, serving multiple purposes. It functions as the utility and governance token, allowing holders to participate in the platform's decision-making processes through decentralized governance. GNS holders can also stake their tokens to earn a share of the platform's revenue, which is generated from trading fees. Additionally, GNS is used for liquidity provision and as a collateral asset within certain aspects of the platform, further integrating it into the operational mechanics and incentivizing network participation.
Gains Network distinguishes itself in the decentralized finance (DeFi) space by offering a comprehensive leveraged trading solution that rivals centralized exchanges in terms of asset variety and leverage options, while maintaining the transparency and security inherent in blockchain technology. Its cross-chain deployment on Polygon and Arbitrum enhances accessibility and reduces transaction costs, positioning it as a competitive player in the evolving landscape of decentralized derivatives trading.
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