gTrade
DEXOpen Interest
$928,576Key Metrics
Volume (30d)$8.35m
7d$2.39m
24h$0
All-time$212.93m
Turnover (30d)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:xag-usdSilver | Commodity Perp | Permissionless | $396,990 | +35.67% | $0 | $215,542 | $564,962 | XAG-USDC | $56.97 | +2.14% | 0% | 0% | 1h | 250x | $0 | $282.48 |
| gtrade:xau-usdGold | Commodity Perp | Permissionless | $373,493 | -6.02% | $0 | $857,860 | $5.29m | XAU-USDC | $4,149 | +1.44% | 0% | 0% | 1h | 250x | $0 | $2,643 |
| gtrade:wti-usdCrude Oil (WTI) | Commodity Perp | Permissionless | $48,634 | -16.51% | $0 | $1.26m | $2.22m | WTI-USDC | $96.54 | +2.22% | 0% | 0% | 1h | 150x | $0 | $1,112 |
| gtrade:hg-usdCopper | Commodity Perp | Permissionless | $33,353 | -29.03% | $0 | $3,152 | $136,629 | HG-USDC | $6.53 | -1.54% | 0% | 0% | 1h | 250x | $0 | $68.31 |
| gtrade:crcl-usdCircle Internet Group, Inc. | Stock Perp | Permissionless | $32,720 | -2.15% | $0 | $0 | $13,952 | CRCL-USDC | $85.83 | +8.11% | 0% | 0% | 1h | 50x | $0 | $6.98 |
| gtrade:nvda-usdNVIDIA Corporation | Stock Perp | Permissionless | $21,705 | -0.00% | $0 | $40,562 | $67,568 | NVDA-USDC | $217.43 | -1.81% | 0% | 0% | 1h | 50x | $0 | $33.78 |
| gtrade:mstr-usdStrategy Inc | Stock Perp | Permissionless | $13,254 | +0.00% | $0 | $3,999 | $8,879 | MSTR-USDC | $148.47 | +2.97% | 0% | 0% | 1h | 50x | $0 | $4.44 |
| gtrade:sndk-usdSandisk Corporation | Stock Perp | Permissionless | $2,250 | -0.00% | $0 | $0 | $2,250 | SNDK-USDC | $1,340 | -5.17% | 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 | $360.14 | -1.86% | 0% | 0% | 1h | 50x | $0 | $0.53 |
| gtrade:xpt-usdPlatinum | Commodity Perp | Permissionless | $1,955 | +62.24% | $0 | $447.94 | $22,545 | XPT-USDC | $1,619 | +0.52% | 0% | 0% | 1h | 150x | $0 | $11.27 |
| gtrade:aapl-usdApple Inc. | Stock Perp | Permissionless | $1,630 | -0.00% | $0 | $0 | $0 | AAPL-USDC | $344.42 | +0.60% | 0% | 0% | 1h | 50x | $0 | $0 |
| gtrade:nflx_1-usdNetflix, Inc. | Stock Perp | Permissionless | $396.42 | -0.00% | $0 | $0 | $0 | NFLX-USDC | $72.71 | +3.93% | 0% | 0% | 1h | 50x | $0 | $0 |
| gtrade:hood-usdRobinhood Markets, Inc. | Stock Perp | Permissionless | $134.51 | -35.63% | $0 | $299.95 | $7,294 | HOOD-USDC | $102.01 | +0.29% | 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 | $741.87 | +0.93% | 0% | 0% | 1h | 50x | $0 | $0.02 |
| gtrade:msft-usdMicrosoft Corporation | Stock Perp | Permissionless | $15 | -98.16% | $0 | $0 | $799.90 | MSFT-USDC | $538.96 | +0.70% | 0% | 0% | 1h | 50x | $0 | $0.40 |
| gtrade:xpd-usdPalladium | Commodity Perp | Permissionless | $0.00058 | -0.00% | $0 | $146.65 | $472.69 | XPD-USDC | $1,131 | +2.84% | 0% | 0% | 1h | 150x | $0 | $0.24 |
| gtrade:ura-usdGlobal X Uranium ETF | ETF Perp | Permissionless | $0.00052 | -0.00% | $0 | $742.36 | $1,485 | URA-USDC | $35.78 | +0.56% | 0% | 0% | 1h | 100x | $0 | $0.74 |
| gtrade:brent-usdCrude Oil (Brent) | Commodity Perp | Permissionless | $0.00014 | -0.00% | $0 | $0 | $0 | BRENT-USDC | $104.87 | -0.71% | 0% | 0% | 1h | 150x | $0 | $0 |
| gtrade:coin-usdCoinbase Global, Inc. | Stock Perp | Permissionless | $0.000092 | -0.00% | $0 | $0 | $0 | COIN-USDC | $179.71 | +3.46% | 0% | 0% | 1h | 50x | $0 | $0 |
| gtrade:amzn_1-usdAmazon.com, Inc. | Stock Perp | Permissionless | $0.000065 | -0.00% | $0 | $0 | $0 | AMZN-USDC | $254.12 | +0.15% | 0% | 0% | 1h | 50x | $0 | $0 |
| gtrade:pltr-usdPalantir Technologies Inc. | Stock Perp | Permissionless | $0.000034 | -0.00% | $0 | $7,591 | $11,386 | PLTR-USDC | $199.10 | -1.49% | 0% | 0% | 1h | 50x | $0 | $5.69 |
| gtrade:mu-usdMicron Technology, Inc. | Stock Perp | Permissionless | $0.000032 | -0.00% | $0 | $0 | $0 | MU-USDC | $910.83 | -1.29% | 0% | 0% | 1h | 50x | $0 | $0 |
| gtrade:amd-usdAdvanced Micro Devices, Inc. | Stock Perp | Permissionless | $0 | $0 | $0 | $0 | AMD-USDC | $549.33 | -3.91% | 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