Gains Network delivers a liquidity-efficient decentralized leveraged trading setup to Polygon and Arbitrum. Traders can access crypto leverage up to 150x, and major forex pairs up to 1000x, with execution happening on-chain. Stocks, commodities, and indices are planned for the future.

Key innovations:

Trading PnL is simulated by minting and burning the GNS token (asset-agnostic synthetic)

No funding fee, since no capital is borrowed to power the leverage

Designed to support any asset with any leverage

All liquidity is pooled into a single GNS/DAI pool (so there are no order books for each individual pair)

A DAI-only liquidity layer built over the GNS/DAI pool to improve capital efficiency

Collateral flows only through the liquidity layer, aiming for reduced slippage

An on-demand Chainlink DON (decentralized oracle network), presented as a first in its category

Uses median spot prices only, without any derived or generated pricing

Tokenomics:

A utility token that is minted and burnt by the trading platform, required for the underlying architecture

Long-term deflationary pressure on GNS supply driven by trading losses

A notable portion of leveraged trading fees is directed to GNS/DAI liquidity providers.