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About Gains Network
Analysis of 11 Dec 2025Gains Network operates gTrade, a decentralized perpetual futures exchange offering synthetic leverage up to 500x on crypto, 1000x on forex, and 250x on commodities across 270+ markets. As of December 2025, GNS trades at $1.30 with a market cap of $35.1 million (rank #832) and 27 million circulating supply.
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The protocol achieved $85 billion in lifetime trading volume with just $27 million TVL, demonstrating exceptional 3,148:1 liquidity efficiency. In 2024, gTrade generated $24.5 million in protocol revenue, returning $17 million (69%) directly to GNS holders through buybacks and burns.
The platform operates across Polygon, Arbitrum, Base, Solana, and ApeChain, leveraging DAI/USDC vaults instead of traditional order books.
