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About Gains Network

Gains Network (GNS) is a decentralized trading platform where the users can trade cryptos and forex with leverage. Leverage refers to utilizing borrowed capital to trade cryptocurrencies or other financial assets. According to its whitepaper, theplatform aims to create a decentralized finance ecosystem of the future. Gains Network launched their first decentralized leverage trading platform on Polygon (Matic) blockchain, i.e., gTrade. The network claims that the unique architecture of gTrade makes it more capital efficient than competitors' platforms.

The Gains network intends to offer reward pools for its users. The stable vault assures a seamless trading experience for users, provides resilience to the system, and boosts the network's capital efficiency. The two reward pools offered by Gains Network are as follows:

DAI Vault: Anyone can stake DAI in the vault and earn DAI rewards based on the platform's volume.

GNS/DAI Pool: The user can access this pool only on the Polygon (Matic) mainnet and gets GNS rewards and dQUICK rewards for staking their LPs. dQUICK, often known as "Dragon's Quick," is the asset obtained by depositing Quick tokens into the staking contract.

GNS is the utility token of the Gains Network. It is an ERC20 standard token. The total of the GNS token is 38,500,000 GNS, and the maximum supply is 100,000,000 GNS. The Gains network offers a set of five different types of NFTs that are the master keys of the entire ecosystem. There are 1500 NFTs in total, and the five different categories are 500 Bronze Keys, 400 Silver Keys, 300 Golden Keys, 200 Platinum Keys, and 100 Diamond Keys.

Market

Canada Market Stats

Market cap

CA$154.5M

Volume (24h)

CA$6.1M

Circulating supply

33.6M GNS

All time high

CA$17.02

Price change (1h)

+0.62%

Price change (24h)

+1.14%

Price change (7d)

-4.55%

Canada News about Gains Network

The Block • Apr 29, 24

MicroStrategy buys 122 BTC in April to bring total holdings to 214,400 BTC

Michael Saylor's MicroStrategy purchased $7.8 million worth of BTC in April, bringing its total holdings to 214,400 BTC.

Read more

News Article Image

CoinDesk • Apr 29, 24

Bitcoin Wavers Around $63K, Awaiting Hong Kong Spot Crypto ETF Debut

Despite muted anticipation for the new products, an executive of one of the issuers reportedly expects that the first-day issuance of the Hong Kong offerings will exceed the U.S. debut in January.

Read more

News Article Image

The Block • Apr 29, 24

A bill combining marijuana banking and stablecoins? Top Republican French Hill says he’d vote for it: Bloomberg

Top Republican Rep. Hill told Bloomberg he would support a legislative package that includes both marijuana banking and stablecoins.

Read more

News Article Image

Bitcoin Magazine • Apr 29, 24

MicroStrategy Bought 122 Bitcoin In April, Now Holds 214,400 BTC

MicroStrategy now holds 214,400 bitcoins at an average purchase price of $35,180 per BTC.

Read more

News Article Image

DL News • Apr 29, 24

These four experts say they’re bullish amid Bitcoin ETF inflow lull: Finance giants ‘slowly wading in’

Bitcoin ETFs have suffered net outflows for the third week in a row, but investors have no reason to worry, ETF experts say.

Read more

News Article Image

CoinDesk • Apr 29, 24

Samourai Wallet Co-Founder Keonne Rodriguez Pleads Not Guilty, Released on $1M Bond

NEW YORK — Samourai Wallet co-founder Keonne Rodriguez pleaded not guilty to two criminal charges tied to creating and marketing the privacy-focused bitcoin wallet application and mixing service in a Manhattan courtroom on Monday.

Read more

News Article Image

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Gains Network is on the decline this week.

The price of Gains Network has increased by 0.62% in the last hour and increased by 1.14% in the past 24 hours. Gains Network’s price has also fallen by 4.55% in the past week. The current price is CA$4.60 per GNS with a 24-hour trading volume of CA$6.05M. Currently, Gains Network is valued at 72.96% below its all time high of CA$17.02. This all-time high was the highest price paid for Gains Network since its launch.

The current circulating supply of Gains Network is 33,585,699.76 GNS which means that Gains Network has as total market cap of 33,585,699.76.

FAQ

What is the current price of Gains Network?

We update our Gains Network to CAD currency in real-time. Get the live price of Gains Network on Coinbase.

What is the market cap of Gains Network?

The current market cap of Gains Network is CA$154.53M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Gains Network?

The all-time high of Gains Network is CA$17.02. This all-time high is highest price paid for Gains Network since it was launched.

What is the 24 hour trading volume of Gains Network?

Over the last 24 hours, the trading volume of Gains Network is CA$6.05M.

What other assets are similar to Gains Network?

Assets that have a similar market cap to Gains Network include Open Campus, Moonriver, GuildFi, and many others. To see a full list, see our comparable market cap assets.

How many Gains Network are there?

The current circulating supply of Gains Network is 34 million.

Can I buy Gains Network on Coinbase?

Yes, Gains Network is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Gains Network guide.