gTrade
DEXOpen Interest
$645,368Key Metrics
Volume (30d)$13.65m
7d$5.65m
24h$515,451
All-time$219.06m
Turnover (30d)21.1x
Markets34
Reference Assets34
Asset Groups7
Share of DEX OI<0.1%
Est. Fees (30d)$6,823
24h$257.73
All-time$109,528
Est. Annual$83,012
Taker Fee1 bps
Markets
| Market | Open Interest | Volume | Price | Funding | Est. Fees | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name | Asset Type | Access Model | Pair | Interval | ||||||||||||
| gtrade:xau-usdGold | Commodity Perp | Permissionless | $305,521 | +35.83% | $291,854 | $2.54m | $7.67m | XAU-USDC | $4,061 | +1.22% | 0% | 0% | 1h | 250x | $145.93 | $3,837 |
| gtrade:xag-usdSilver | Commodity Perp | Permissionless | $169,368 | -1.93% | $95,192 | $806,870 | $1.37m | XAG-USDC | $54.41 | +0.82% | 0% | 0% | 1h | 250x | $47.60 | $687.04 |
| gtrade:wti-usdCrude Oil (WTI) | Commodity Perp | Permissionless | $59,708 | +262% | $65,486 | $1.55m | $3.57m | WTI-USDC | $99.65 | -0.81% | 0% | 0% | 1h | 150x | $32.74 | $1,785 |
| gtrade:crcl-usdCircle Internet Group, Inc. | Stock Perp | Permissionless | $35,721 | +0.34% | $0 | $11,264 | $25,217 | CRCL-USDC | $85.88 | 0% | 0% | 0% | 1h | 50x | $0 | $12.61 |
| gtrade:hg-usdCopper | Commodity Perp | Permissionless | $32,272 | -4.44% | $7,275 | $53,942 | $190,571 | HG-USDC | $6.65 | +1.46% | 0% | 0% | 1h | 250x | $3.64 | $95.29 |
| gtrade:nvda-usdNVIDIA Corporation | Stock Perp | Permissionless | $21,707 | -0.00% | $0 | $501.30 | $68,070 | NVDA-USDC | $211.11 | 0% | 0% | 0% | 1h | 50x | $0 | $34.03 |
| gtrade:mstr-usdStrategy Inc | Stock Perp | Permissionless | $13,240 | +0.01% | $0 | $13,499 | $18,378 | MSTR-USDC | $146.06 | 0% | 0% | 0% | 1h | 50x | $0 | $9.19 |
| gtrade:sndk-usdSandisk Corporation | Stock Perp | Permissionless | $2,249 | -0.00% | $0 | $13,098 | $15,348 | SNDK-USDC | $1,238 | 0% | 0% | 0% | 1h | 50x | $0 | $7.67 |
| gtrade:hood-usdRobinhood Markets, Inc. | Stock Perp | Permissionless | $2,132 | +1,511% | $47,986 | $105,972 | $113,266 | HOOD-USDC | $95.10 | 0% | 0% | 0% | 1h | 50x | $23.99 | $56.63 |
| gtrade:tsla_1-usdTesla, Inc. | Stock Perp | Permissionless | $2,026 | -1.00% | $20.39 | $229.46 | $1,290 | TSLA-USDC | $372.48 | 0% | 0% | 0% | 1h | 50x | $0.01 | $0.64 |
| gtrade:spcx-usdSpace Exploration Technologies Corp. | Stock Perp | Permissionless | $507.33 | -0.00% | $0 | $20,773 | $20,915 | SPCX-USDC | $147.44 | 0% | 0% | 0% | 1h | 50x | $0 | $10.46 |
| gtrade:avgo-usdBroadcom Inc. | Stock Perp | Permissionless | $399.87 | -0.00% | $0 | $599.88 | $599.88 | AVGO-USDC | $321.65 | 0% | 0% | 0% | 1h | 50x | $0 | $0.30 |
| gtrade:nflx_1-usdNetflix, Inc. | Stock Perp | Permissionless | $374.47 | -0.00% | $0 | $0 | $0 | NFLX-USDC | $65.84 | 0% | 0% | 0% | 1h | 50x | $0 | $0 |
| gtrade:aapl-usdApple Inc. | Stock Perp | Permissionless | $110.96 | -0.00% | $0 | $11,518 | $11,518 | AAPL-USDC | $347.69 | 0% | 0% | 0% | 1h | 50x | $0 | $5.76 |
| gtrade:meta-usdMeta Platforms, Inc. | Stock Perp | Permissionless | $15.99 | -0.00% | $0 | $480,454 | $480,494 | META-USDC | $642.74 | 0% | 0% | 0% | 1h | 50x | $0 | $240.25 |
| gtrade:msft-usdMicrosoft Corporation | Stock Perp | Permissionless | $15 | -98.16% | $799.78 | $2,799 | $3,599 | MSFT-USDC | $524.74 | 0% | 0% | 0% | 1h | 50x | $0.40 | $1.80 |
| gtrade:xpt-usdPlatinum | Commodity Perp | Permissionless | $0.001 | -0.00% | $0 | $2,268 | $27,056 | XPT-USDC | $1,543 | +0.97% | 0% | 0% | 1h | 150x | $0 | $13.53 |
| gtrade:xpd-usdPalladium | Commodity Perp | Permissionless | $0.00058 | -0.00% | $0 | $1,177 | $1,536 | XPD-USDC | $1,038 | -0.75% | 0% | 0% | 1h | 150x | $0 | $0.77 |
| gtrade:ura-usdGlobal X Uranium ETF | ETF Perp | Permissionless | $0.00052 | -0.00% | $0 | $0 | $1,485 | URA-USDC | $34.11 | 0% | 0% | 0% | 1h | 100x | $0 | $0.74 |
| gtrade:brent-usdCrude Oil (Brent) | Commodity Perp | Permissionless | $0.00014 | -0.00% | $0 | $0 | $0 | BRENT-USDC | $110.43 | -0.38% | 0% | 0% | 1h | 150x | $0 | $0 |
| gtrade:coin-usdCoinbase Global, Inc. | Stock Perp | Permissionless | $0.000092 | -0.00% | $0 | $5,500 | $5,500 | COIN-USDC | $164.61 | 0% | 0% | 0% | 1h | 50x | $0 | $2.75 |
| gtrade:amzn_1-usdAmazon.com, Inc. | Stock Perp | Permissionless | $0.000065 | -0.00% | $0 | $0 | $0 | AMZN-USDC | $248.05 | 0% | 0% | 0% | 1h | 50x | $0 | $0 |
| gtrade:pltr-usdPalantir Technologies Inc. | Stock Perp | Permissionless | $0.000034 | -0.00% | $0 | $0 | $7,591 | PLTR-USDC | $196.94 | 0% | 0% | 0% | 1h | 50x | $0 | $3.80 |
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