Currencies29227
Market Cap$ 2.47T-0.29%
24h Spot Volume$ 38.45B+7.90%
DominanceBTC51.68%-0.09%ETH17.31%-0.73%
ETH Gas15 Gwei
Cryptorank
MainCurrenciesGains Network
Open report modalReport issue
Gains Network

Gains Network GNS Price $ 2.87

Rank: 403

973 Watchlists

DeFi

GNS Price

2.87
1.50%
($ 0.0424)
Price Range
LowHigh
$ 2.82$ 2.99

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Token

Description

Gains Network is a synthetic derivatives platform operating on the Polygon and Arbitrum blockchains.

Gains Network (GNS) Chart

Gains Network price Index provides the latest GNS price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

GNS to USD Converter

Gains Network (GNS)GNS

GNS Price Statistics

leaderboard

Market Cap

$ 97.44M

Fully diluted value

FDV

$ 97.69M

ATH Market Cap

$ 400.42M

24 Trade Vol.

$ 3.48M


Vol. (24h) / MCap

0.0357

Max Supply

GNS 34,084,924

Total Supply

GNS 34,000,295

Circulating Supply

GNS 34.00M

(99.8% of Max Supply)

Listing Date

2 Nov 2021

All Time High

$ 13.15

17 Feb 2023


All Time Low

$ 0.246

29 Nov 2021


From ATH

78.2%

From ATL

1,064%

What is Gains Network (GNS)?

Gains Network brings its liquidity-efficient decentralized leveraged trading architecture to Polygon and Arbitrum. Trade cryptos with up to 150x leverage, and major forex pairs with up to 1000x (on-chain execution). Stocks, commodities, and indices are coming soon.

Major innovations:

  • Simulation of the trading PnL by minting/burning the GNS token (asset-agnostic synthetic)

  • No funding fee (no capital borrowed for the leverage)

  • Support for any asset with any leverage

  • 100% of the liquidity is concentrated into a single GNS/DAI pool (no order books for each pair)

  • DAI-only liquidity layer on top of the GNS/DAI liquidity for maximum capital efficiency

  • Collaterals only go through the liquidity (significantly less slippage)

  • First-of-its-kind on-demand Chainlink DON (decentralized oracle network)

  • Median spot prices only, no derived/generated price.

Tokenomics:

  • Utility token minted/burnt by the trading platform (necessary for the architecture)

  • Long-term deflationary pressure on the GNS supply from trading losses

  • Significant share of the leveraged trading fees goes to GNS/DAI liquidity providers.

Gains Network Price Today

Gains Network's current price is $ 2.87, it has increased +1.5% over the past 24 hours.

Gains Network's All Time High (ATH) of $ 13.15 was reached on 17 Feb 2023, and is currently -78.2% down.

The current circulating supply of Gains Network is 34.00 Million tokens, and the maximum supply of Gains Network is 34.08 Million.

Gains Network’s 24 hour trading volume is $ 3.48 Million.

Gains Network's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 97.44 Million.

Trending Coins and Tokens Flame icon