Ask about gTrade RWA Perps · free
gTrade
DEXOpen Interest
$912,985+10.01%over 24h
Key Metrics
Volume (30d)$7.35m
7d$3.12m
24h$364,802
All-time$211.93m
8x
Markets34
Reference assets34
Asset groups7
<0.1%
Est. Fees (30d)$3,673
24h$182.40
All-time$105,964
$44,694
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 | $462,543 | +4.56% | $181,435 | $2.3m | $5.32m | XAU-USDC | $4,185 | +1.52% | 0% | 0% | 1h | 250x | $90.72 | $2,660 |
| gtrade:xag-usdSilver | Commodity Perp | Permissionless | $308,868 | +3.61% | $40,686 | $317,516 | $540,274 | XAG-USDC | $60.84 | +3.19% | 0% | 0% | 1h | 250x | $20.34 | $270.14 |
| gtrade:wti-usdCrude Oil (WTI) | Commodity Perp | Permissionless | $38,000 | +463% | $117,267 | $380,108 | $1.21m | WTI-USDC | $91.27 | -0.87% | 0% | 0% | 1h | 150x | $58.63 | $606.10 |
| gtrade:hg-usdCopper | Commodity Perp | Permissionless | $33,378 | +2.07% | $1,339 | $7,556 | $136,129 | HG-USDC | $6.67 | +1.36% | 0% | 0% | 1h | 250x | $0.67 | $68.06 |
| gtrade:crcl-usdCircle Internet Group, Inc. | Stock Perp | Permissionless | $28,954 | -0.36% | $0 | $299.99 | $13,952 | CRCL-USDC | $84.84 | +4.43% | 0% | 0% | 1h | 50x | $0 | $6.98 |
| gtrade:nvda-usdNVIDIA Corporation | Stock Perp | Permissionless | $21,255 | +2,080% | $20,280 | $67,081 | $67,567 | NVDA-USDC | $230.24 | -2.65% | 0% | 0% | 1h | 50x | $10.14 | $33.78 |
| gtrade:mstr-usdStrategy Inc | Stock Perp | Permissionless | $11,258 | -0.04% | $0 | $4,599 | $8,879 | MSTR-USDC | $155.11 | +1.48% | 0% | 0% | 1h | 50x | $0 | $4.44 |
| gtrade:sndk-usdSandisk Corporation | Stock Perp | Permissionless | $2,250 | +0.00% | $0 | $2,250 | $2,250 | SNDK-USDC | $1,598 | -2.75% | 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 | $384.38 | +3.10% | 0% | 0% | 1h | 50x | $0 | $0.53 |
| gtrade:aapl-usdApple Inc. | Stock Perp | Permissionless | $1,630 | +0.00% | $0 | $0 | $0 | AAPL-USDC | $334.52 | -0.91% | 0% | 0% | 1h | 50x | $0 | $0 |
| gtrade:xpt-usdPlatinum | Commodity Perp | Permissionless | $1,205 | +0.00% | $0 | $16,502 | $22,545 | XPT-USDC | $1,687 | +2.94% | 0% | 0% | 1h | 150x | $0 | $11.27 |
| gtrade:msft-usdMicrosoft Corporation | Stock Perp | Permissionless | $1,015 | +0.00% | $0 | $799.90 | $799.90 | MSFT-USDC | $532.54 | +0.42% | 0% | 0% | 1h | 50x | $0 | $0.40 |
| gtrade:nflx_1-usdNetflix, Inc. | Stock Perp | Permissionless | $396.41 | +0.00% | $0 | $0 | $0 | NFLX-USDC | $70.97 | -0.38% | 0% | 0% | 1h | 50x | $0 | $0 |
| gtrade:hood-usdRobinhood Markets, Inc. | Stock Perp | Permissionless | $206.32 | -0.03% | $0 | $4,290 | $7,294 | HOOD-USDC | $108.91 | +0.11% | 0% | 0% | 1h | 50x | $0 | $3.65 |
| gtrade:xpd-usdPalladium | Commodity Perp | Permissionless | $0.00058 | +0.00% | $0 | $358.38 | $472.69 | XPD-USDC | $1,151 | +2.27% | 0% | 0% | 1h | 150x | $0 | $0.24 |
| gtrade:ura-usdGlobal X Uranium ETF | ETF Perp | Permissionless | $0.00052 | +0.00% | $0 | $1,485 | $1,485 | URA-USDC | $38.88 | -0.40% | 0% | 0% | 1h | 100x | $0 | $0.74 |
| gtrade:meta-usdMeta Platforms, Inc. | Stock Perp | Permissionless | $0.0003 | +0.00% | $0 | $0 | $0 | META-USDC | $721.14 | +0.11% | 0% | 0% | 1h | 50x | $0 | $0 |
| gtrade:brent-usdCrude Oil (Brent) | Commodity Perp | Permissionless | $0.00014 | +0.00% | $0 | $0 | $0 | BRENT-USDC | $104.15 | -0.76% | 0% | 0% | 1h | 150x | $0 | $0 |
| gtrade:coin-usdCoinbase Global, Inc. | Stock Perp | Permissionless | $0.000092 | +0.00% | $0 | $0 | $0 | COIN-USDC | $178.39 | +0.25% | 0% | 0% | 1h | 50x | $0 | $0 |
| gtrade:amzn_1-usdAmazon.com, Inc. | Stock Perp | Permissionless | $0.000065 | +0.00% | $0 | $0 | $0 | AMZN-USDC | $259.78 | +0.50% | 0% | 0% | 1h | 50x | $0 | $0 |
| gtrade:pltr-usdPalantir Technologies Inc. | Stock Perp | Permissionless | $0.000034 | +0.00% | $3,796 | $7,591 | $11,386 | PLTR-USDC | $203.10 | +1.96% | 0% | 0% | 1h | 50x | $1.90 | $5.69 |
| gtrade:mu-usdMicron Technology, Inc. | Stock Perp | Permissionless | $0.000032 | +0.00% | $0 | $0 | $0 | MU-USDC | $1,023 | -4.18% | 0% | 0% | 1h | 50x | $0 | $0 |
| gtrade:amd-usdAdvanced Micro Devices, Inc. | Stock Perp | Permissionless | $0 | $0 | $0 | $0 | AMD-USDC | $612.43 | -3.83% | 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