Gains Network Ranks Third on Earnings Leaderboard just behind Ethereum and Opensea

Gains Network, a decentralized leveraged trading platform, has earned $2.2 million in the past 30 days, putting it in third place on the 30D earnings leaderboard, only behind Ethereum and OpenSea, according to Token Terminal. This is a remarkable achievement for gTrade, considering that over 99% of its protocol revenue translates directly to earnings, with only $15.3k in token incentives over the same period.

gTrade's success can be attributed to its recent launch on the Arbitrum platform, which has expanded its reach to a multi-chain platform. This expansion has been well received by the trading community, with gTrade welcoming 1,433 new traders in the past 30 days, increasing its total users by over 15%.

Gains Network is the creator of gTrade, a leveraged trading platform that is both capital efficient and user-friendly. On gTrade, crypto derivative traders are allowed up to 150x leverage and up to 1000x for forex trades. The platform offers a large variety of tradable assets, beyond cryptocurrency majors, it also supports a handful of large-cap US stocks, including popular tech names like AMZN, AAPL, and AMD, among 20 others.