gTrade
DEXOpen Interest
$1.42mKey Metrics
Volume (30d)$8.35m
7d$1.37m
24h$0
All-time$212.93m
Turnover (30d)5.9x
Markets34
Reference Assets34
Asset Groups7
Share of DEX OI<0.1%
Est. Fees (30d)$4,175
24h$0
All-time$106,465
Est. Annual$50,792
Taker Fee1 bps
Markets
| Market | Open Interest | Volume | Price | Funding | Est. Fees | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name | Asset Type | Access Model | Pair | Interval | ||||||||||||
| gtrade:wti-usdCrude Oil (WTI) | Commodity Perp | Permissionless | $587,274 | +764% | $0 | $1.13m | $2.22m | WTI-USDC | $98.97 | +3.26% | 0% | 0% | 1h | 150x | $0 | $1,112 |
| gtrade:xau-usdGold | Commodity Perp | Permissionless | $381,602 | -4.93% | $0 | $146,199 | $5.29m | XAU-USDC | $4,165 | -0.24% | 0% | 0% | 1h | 250x | $0 | $2,643 |
| gtrade:xag-usdSilver | Commodity Perp | Permissionless | $347,542 | -0.61% | $0 | $65,374 | $564,962 | XAG-USDC | $56.98 | -1.45% | 0% | 0% | 1h | 250x | $0 | $282.48 |
| gtrade:hg-usdCopper | Commodity Perp | Permissionless | $33,352 | +0.00% | $0 | $1,839 | $136,629 | HG-USDC | $6.54 | -1.01% | 0% | 0% | 1h | 250x | $0 | $68.31 |
| gtrade:crcl-usdCircle Internet Group, Inc. | Stock Perp | Permissionless | $27,807 | -11.19% | $0 | $0 | $13,952 | CRCL-USDC | $82.26 | -2.83% | 0% | 0% | 1h | 50x | $0 | $6.98 |
| gtrade:nvda-usdNVIDIA Corporation | Stock Perp | Permissionless | $21,713 | +0.04% | $0 | $20,282 | $67,568 | NVDA-USDC | $214.33 | -6.60% | 0% | 0% | 1h | 50x | $0 | $33.78 |
| gtrade:mstr-usdStrategy Inc | Stock Perp | Permissionless | $13,252 | -0.03% | $0 | $0 | $8,879 | MSTR-USDC | $136.49 | -11.58% | 0% | 0% | 1h | 50x | $0 | $4.44 |
| gtrade:xpt-usdPlatinum | Commodity Perp | Permissionless | $3,568 | -92.80% | $0 | $0 | $22,545 | XPT-USDC | $1,635 | -0.45% | 0% | 0% | 1h | 150x | $0 | $11.27 |
| gtrade:sndk-usdSandisk Corporation | Stock Perp | Permissionless | $2,250 | +0.00% | $0 | $0 | $2,250 | SNDK-USDC | $1,298 | -17.96% | 0% | 0% | 1h | 50x | $0 | $1.12 |
| gtrade:tsla_1-usdTesla, Inc. | Stock Perp | Permissionless | $2,027 | +0.00% | $0 | $0 | $1,060 | TSLA-USDC | $354.75 | -7.41% | 0% | 0% | 1h | 50x | $0 | $0.53 |
| gtrade:aapl-usdApple Inc. | Stock Perp | Permissionless | $1,630 | +0.00% | $0 | $0 | $0 | AAPL-USDC | $343.70 | +2.09% | 0% | 0% | 1h | 50x | $0 | $0 |
| gtrade:nflx_1-usdNetflix, Inc. | Stock Perp | Permissionless | $374.55 | -5.51% | $0 | $0 | $0 | NFLX-USDC | $70.58 | +0.43% | 0% | 0% | 1h | 50x | $0 | $0 |
| gtrade:hood-usdRobinhood Markets, Inc. | Stock Perp | Permissionless | $133.95 | +0.21% | $0 | $0 | $7,294 | HOOD-USDC | $98.81 | -9.35% | 0% | 0% | 1h | 50x | $0 | $3.65 |
| gtrade:meta-usdMeta Platforms, Inc. | Stock Perp | Permissionless | $20 | +0.00% | $0 | $39.99 | $39.99 | META-USDC | $709.84 | -1.20% | 0% | 0% | 1h | 50x | $0 | $0.02 |
| gtrade:msft-usdMicrosoft Corporation | Stock Perp | Permissionless | $15 | +0.00% | $0 | $0 | $799.90 | MSFT-USDC | $529.27 | -1.12% | 0% | 0% | 1h | 50x | $0 | $0.40 |
| gtrade:xpd-usdPalladium | Commodity Perp | Permissionless | $0.00058 | +0.00% | $0 | $0 | $472.69 | XPD-USDC | $1,117 | -0.78% | 0% | 0% | 1h | 150x | $0 | $0.24 |
| gtrade:ura-usdGlobal X Uranium ETF | ETF Perp | Permissionless | $0.00052 | +0.00% | $0 | $0 | $1,485 | URA-USDC | $35.43 | -8.94% | 0% | 0% | 1h | 100x | $0 | $0.74 |
| gtrade:brent-usdCrude Oil (Brent) | Commodity Perp | Permissionless | $0.00014 | +0.00% | $0 | $0 | $0 | BRENT-USDC | $108.42 | +3.57% | 0% | 0% | 1h | 150x | $0 | $0 |
| gtrade:coin-usdCoinbase Global, Inc. | Stock Perp | Permissionless | $0.000092 | +0.00% | $0 | $0 | $0 | COIN-USDC | $173.23 | -3.44% | 0% | 0% | 1h | 50x | $0 | $0 |
| gtrade:amzn_1-usdAmazon.com, Inc. | Stock Perp | Permissionless | $0.000065 | +0.00% | $0 | $0 | $0 | AMZN-USDC | $250.14 | -4.71% | 0% | 0% | 1h | 50x | $0 | $0 |
| gtrade:pltr-usdPalantir Technologies Inc. | Stock Perp | Permissionless | $0.000034 | +0.00% | $0 | $3,796 | $11,386 | PLTR-USDC | $186.01 | -10.92% | 0% | 0% | 1h | 50x | $0 | $5.69 |
| gtrade:mu-usdMicron Technology, Inc. | Stock Perp | Permissionless | $0.000032 | +0.00% | $0 | $0 | $0 | MU-USDC | $880.26 | -14.53% | 0% | 0% | 1h | 50x | $0 | $0 |
| gtrade:amd-usdAdvanced Micro Devices, Inc. | Stock Perp | Permissionless | $0 | $0 | $0 | $0 | AMD-USDC | $529.14 | -12.97% | 0% | 0% | 1h | 50x | $0 | $0 | |
About gTrade
gTrade is a decentralized leveraged-trading platform launched in 2021 by Gains Network, the multichain perpetuals project founded by pseudonymous developer Seb on Polygon and now deployed across Arbitrum, Polygon, and Base. It supports 130+ pairs spanning crypto, stocks, equity indices, commodities, and forex with multi-collateral margining (USDC, DAI, WETH) and integrates Chainlink CCIP & Data Streams alongside Pyth for cross-chain liquidity and pricing. The protocol is governed via the GNS token and is one of the longest-running on-chain perpetual venues for traditional-asset markets, with a track record of guaranteed order execution and one-click trading.
Entity
Legal entityGains Network
Primary chainArbitrum
Registry
Gains Network was founded in 2021 by pseudonymous founder Seb (full-stack developer), later joined by Nathan, Lunaman, Crumb, and additional contributors. The protocol is governed via the GNS token and the Gains Network DAO; gTrade is the protocol's flagship perpetual product and integrates Chainlink CCIP, Chainlink Data Streams, and Pyth for cross-chain liquidity and pricing.
Markets
Open Interest by asset group
Asset classes
Fees & revenue
Revenue modelSpread + Maker/Taker + GNS Burn
ConfidenceIssuer-Disclosed
Perp Taker Fee1 bps
Perp Funding Retention0%
Margin Settlement AssetsUSDC, DAI, WETH (Arbitrum/Polygon/Base)
Fees Last Verified2026-05-11
gTrade RWA fee model is spread-based, not maker/taker. Fixed 1 bp spread on major and minor forex pairs and on tier-1 commodities. Per-pair spreads on exotic FX and lower-tier commodities (vary by volatility). Stocks/equities use dynamic spread via price-impact formula. Spread never applies at closing — only at opening. Borrowing fees apply to open positions. Crypto markets (not on this RWA page) have 0% spread on BTC/ETH and dynamic spread on alts. Fee distribution: 22% governance (DAO), 15% LP vault, 54% GNS token burn, 5% referrals, 4% trigger keepers. Source: https://docs.gains.trade/gtrade-leveraged-trading/fees-and-spread