Venues / Gains Network (gTrade)

gains network (gtrade) venue review

Gains Network (gTrade) charges 0.012% to 0.06% on notional and tops out at 1000x, which puts $0.12 to $0.60 of opening cost on a $100 collateral at 10x.

Gains Network (gTrade) describes itself in its own documentation as a synthetic leveraged trading protocol on Arbitrum, Base, Polygon and Solana; positions are synthetic exposure against gToken vault liquidity, and it lists 7 asset classes: equities, exchange traded funds, cryptocurrency, metals, commodities, equity indices, forex. Positions are sized in collateral, taken as a trade in a long/short with a leverage attached, and the ceiling on that leverage is 1000x (Gains Network (gTrade) documentation).

Gains Network (gTrade) is run by a foundation of private interests, with Panama as the place its terms point to and 1 named jurisdictions it says it does not serve. On licensing its terms are explicit: none; Terms state 'The Site Operator and the Site are not registered or qualified with or licensed by, do not report to and are not under the active supervision of any government agency or financial regulatory authority or organization' and that the operator is not registered as a broker, dealer, advisor, transfer agent, money services business or crypto-asset service provider. Identity checks are recorded as unconfirmed, which for a reader means the 1 exclusions are enforced by declaration rather than by document check (Gains Network (gTrade) terms).

Open Gains Network (gTrade) with code

what Gains Network (gTrade) is and who stands behind it

Gains Network (gTrade) lists 7 asset classes and prices them off one commercial model: a fee on notional, which is collateral multiplied by leverage, charged on opening and again on closing, with a ceiling of 1000x and a loss capped at the collateral per trade. Gains Network (gTrade) documents 7 classes without an instrument count, and every one of those terms is stated once below with the Gains Network (gTrade) document it came from.

Gains Network (gTrade) is run by a foundation of private interests, with Panama as the place its terms point to and 1 named jurisdictions it says it does not serve. On licensing its terms are explicit: none; Terms state 'The Site Operator and the Site are not registered or qualified with or licensed by, do not report to and are not under the active supervision of any government agency or financial regulatory authority or organization' and that the operator is not registered as a broker, dealer, advisor, transfer agent, money services business or crypto-asset service provider. Identity checks are recorded as unconfirmed, which for a reader means the 1 exclusions are enforced by declaration rather than by document check (Gains Network (gTrade) terms).

the Gains Network (gTrade) ladder tops out at 1000x

Gains Network (gTrade) sets its ceiling per asset class rather than once, across 11 published groups running from 25x to 1000x, so the headline 1000x belongs to 1 of those 11 groups and to nothing else. Leverage set as a continuous number rather than as rungs, and the floor is 1.1x.

ClassCeilingOpening rate Room at that ceiling
major currency pairs1000x0.012%not published as a rule
minor currency pairs750x0.016%not published as a rule
high-multiplier cryptocurrency pairs500xno separate ratenot published as a rule
exotic currency pairs500x0.02%not published as a rule
gold, silver and copper250xno separate ratenot published as a rule
Bitcoin and Ether200x0.035%not published as a rule
oil and platinum150xno separate ratenot published as a rule
cryptocurrency pairs outside Bitcoin and Ether150xno separate ratenot published as a rule
equity indices100x0.05%not published as a rule
equities50xno separate ratenot published as a rule
the two mining equities named in the pair list25xno separate ratenot published as a rule

Gains Network (gTrade) charges 0.012% to 0.06% on opening and again on closing

Gains Network (gTrade) charges on notional, which is collateral multiplied by leverage, on opening and again on closing, at 0.012% to 0.06% (Gains Network (gTrade) fee documentation). On a $100 collateral at 10x that is $0.12 to $0.60 to open and $0.24 to $1.20 for the round trip, and because the base is notional, the same rate at 1000x costs $12.00 to $60.00.

ClassOpening rateCost to open $100 at 10xRound trip on the same position
major currency pairs0.012%$0.12$0.24
minor currency pairs0.016%$0.16$0.32
high-multiplier cryptocurrency pairs0.02%$0.20$0.40
exotic currency pairs0.02%$0.20$0.40
equities, third tier0.03%$0.30$0.60
gold0.035%$0.35$0.70
Bitcoin and Ether0.035%$0.35$0.70
oil0.04%$0.40$0.80
equities, second tier0.04%$0.40$0.80
copper0.05%$0.50$1.00
platinum0.05%$0.50$1.00
silver0.05%$0.50$1.00
core cryptocurrency pairs0.05%$0.50$1.00
equity indices0.05%$0.50$1.00
equities, first tier0.05%$0.50$1.00
cryptocurrency pairs outside the core list0.06%$0.60$1.20

Beyond the headline rate, Gains Network (gTrade) documents 4 further terms that change what a round trip costs: fixed spreads per side across 14 groups, from 0% to 0.025%, 3 of those groups unpublished; Fixed spread per side; round trip is double (BTC/ETH 0.01% round trip). Exotic forex spread is set per pair by volatility and stock and index spread values are not published: unconfirmed. Price impact applies on top on pairs with configured depth; Closing fee equals the opening fee in every published row (for example crypto core 0.05% open and 0.05% close; stocks 0.05%/0.04%/0.03% both sides); gTrade publishes no maker/taker split. The docs describe a single 'Market/Limit' fee that routes to protocol fee distribution for market orders and to oracle bots for limit orders, with no separate numeric rates: unconfirmed.

what a $100 collateral costs at each rung on Gains Network (gTrade)

Exposure is collateral multiplied by leverage, so a $100 collateral at 1000x controls $100,000. The table prices every rung Gains Network (gTrade) can be priced at, from 2x to 1000x, with the round trip beside the opening cost so the figure a reader plans against is the one they pay twice where the rate is charged on both sides.

MultiplierExposure on $100Costs to open Round tripBreakeven moveRoom to liquidation Fee as share of room
2x$200$0.02 to $0.12$0.05 to $0.24needs a single ratenot published as a ruleneeds both figures
3x$300$0.04 to $0.18$0.07 to $0.36needs a single ratenot published as a ruleneeds both figures
5x$500$0.06 to $0.30$0.12 to $0.60needs a single ratenot published as a ruleneeds both figures
10x$1,000$0.12 to $0.60$0.24 to $1.20needs a single ratenot published as a ruleneeds both figures
20x$2,000$0.24 to $1.20$0.48 to $2.40needs a single ratenot published as a ruleneeds both figures
25x$2,500$0.30 to $1.50$0.60 to $3.00needs a single ratenot published as a ruleneeds both figures
40x$4,000$0.48 to $2.40$0.96 to $4.80needs a single ratenot published as a ruleneeds both figures
50x$5,000$0.60 to $3.00$1.20 to $6.00needs a single ratenot published as a ruleneeds both figures
100x$10,000$1.20 to $6.00$2.40 to $12.00needs a single ratenot published as a ruleneeds both figures
200x$20,000$2.40 to $12.00$4.80 to $24.00needs a single ratenot published as a ruleneeds both figures
500x$50,000$6.00 to $30.00$12.00 to $60.00needs a single ratenot published as a ruleneeds both figures
1000x$100,000$12.00 to $60.00$24.00 to $120.00needs a single ratenot published as a ruleneeds both figures

Opening cost is 0.012% to 0.06% of notional, referral discount applied where one is published. Room is computed from the Gains Network (gTrade) maintenance rule. Where a rate varies by asset class both ends of the schedule are shown.

what it costs to hold a trade open on Gains Network (gTrade)

Gains Network (gTrade) calls its holding charge holding fees and publishes no rate for it, so that cost appears in none of the 12 rungs priced above and every figure on this page is a floor on cost. It accrues funding accrues per second, borrowing accrues per block, both on total position size, rate unpublished and excluded from every cost figure here, which means a trade held for days on Gains Network (gTrade) has paid something the tables here cannot contain. No numeric funding or borrowing rate is published. Funding is paid by the heavier side of open interest to the lighter side and accelerates with the size and duration of the imbalance. Borrowing is always paid by the trader: feePerBlock = baseFeePerBlock * (effectiveOi / maxOi) ^ exponent, with effectiveOi = min(max(abs(long - short)), max*minP), max*maxP); no numeric values for baseFeePerBlock, maxOi, exponent, minP or maxP are published: unconfirmed. The UI shows the combined figure as 'Holding Rate'. Funding fees apply only to positions opened under v10.

the Gains Network (gTrade) liquidation rule, written out

Gains Network (gTrade) states the rule as a formula: Liquidation Price Distance = Open Price * (Collateral * Liquidation Threshold - Closing Fee - Borrowing Fees) / Collateral / Leverage; long liquidation = Open Price - distance, short = Open Price + distance (Gains Network (gTrade) on liquidation). Evaluated at 10x that gives a figure only the published table supplies, and at the 1000x ceiling the table supplies the threshold instead. Gains Network (gTrade) publishes 11 worked thresholds, the widest requiring a loss of 89.20% of the collateral and the tightest 55.00%.

ClassMultiplierLoss of stake at liquidationPrice move that produces it
cryptocurrency10x89.20%8.920%
cryptocurrency50x75.29%1.506%
cryptocurrency150x63.00%0.420%
major forex100x88.80%0.888%
major forex500x69.00%0.138%
major forex1000x63.00%0.063%
minor forex750x58.00%0.077%
exotic forex500x55.00%0.110%
gold100x70.00%0.700%
gold250x62.50%0.250%
other commodities150x58.00%0.387%

7 asset classes on Gains Network (gTrade), and how many instruments

Gains Network (gTrade) publishes 7 asset classes (equities, exchange traded funds, cryptocurrency, metals, commodities, equity indices, forex) and no instrument count the registry could record, so the number of tradeable markets on Gains Network (gTrade) is carried as unconfirmed. Nothing here claims a named ticker is listed on Gains Network (gTrade), which is the difference between a class being covered and an instrument being confirmed. Pair list is enumerated per class with pair indices but no headline instrument count is published: unconfirmed.

collateral, currency and getting money out of Gains Network (gTrade)

The settlement currency on Gains Network (gTrade) is recorded as unconfirmed, and so are its deposit and withdrawal mechanics, so nothing here states how money reaches or leaves a Gains Network (gTrade) account. Positions are synthetic exposure against vault liquidity across four chains. The accepted collateral currencies are not enumerated on the pages read, so the currency is recorded as unconfirmed. That gap is worth weighing against the 0.012% to 0.06% it charges to open, because a cost you can compute is only half of what a transfer needs. No practice mode on Gains Network (gTrade) is documented either way, which the registry carries as unconfirmed rather than as an absence.

whether a loss on Gains Network (gTrade) can exceed the collateral

On Gains Network (gTrade) the loss is capped at the collateral per trade. FAQ: 'No. You can only lose the collateral assigned to the trade. If your position is liquidated, you lose that collateral.' At 1000x that means a threshold-table move against the trade ends it, and what happens after that point is the whole question a reader should ask of any venue (Gains Network (gTrade) terms on loss). No separate trader-facing liquidation fee is published: unconfirmed. On a $100 collateral at 1000x that is $100,000 of exposure resting on the collateral per trade.

what the Gains Network (gTrade) referral gives

The Gains Network (gTrade) referral gives referrals receive 5 per cent of protocol fee revenue, paid from the Governance Fund share. Self-serve referral system live on Arbitrum: anyone registers a code, referees are bound to a referrer at their first trade and stay bound for life, VIP cashback tiers apply on top, rewards settle daily in USDC. A referrer is attached only through a ?ref= referral link, not a typed code. and that benefit is confirmed against the venue's own documents (Gains Network (gTrade) referral documentation). It binds by link, and against a rung choice that moves opening cost on a $100 collateral between $0.12 to $0.60 at 10x and $12.00 to $60.00 at 1000x, the referral is the smaller of the two decisions. No fee discount for the referred trader is documented: unconfirmed. Separate published discount schemes exist: GNS staking fee discounts in tiers up to 50 per cent, and gTrade Credits reduced fees of up to 25 per cent by application.

the Gains Network (gTrade) promo code page carries the eligibility and the exclusions in full.

verdict

Use Gains Network (gTrade) if you are sizing at or below 5x, where 0.012% to 0.06% on notional keeps the round trip at $0.24 to $1.20 on a $100 collateral at 10x. Look elsewhere if you need to hold for days, because Gains Network (gTrade) publishes no rate for holding a trade open and none of the 12 rungs priced above includes that cost. Check the collateral per trade cap against the size you had in mind first: on Gains Network (gTrade) a $100 collateral at 1000x carries $100,000 of exposure, and the loss stops at the collateral per trade.

Open Gains Network (gTrade) with code

Venue registry 2026-08-27b, reviewed through 2026-11-27. Every figure on this page is computed from that registry at build time.

Figures on this page were rebuilt 2026-08-27 by the MarketMoves editorial desk, from the sources named in the methodology. Nothing here is a forecast, and none of it is advice.