Gains Network GNSPrice $ 2.26

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.