Synthetic leverage trading on crypto, forex, and stocks via gDAI vaults
Last updated: July 2026
Gains Network's gTrade is a decentralized leveraged-trading platform distinctive for offering not just crypto perpetuals but also synthetic forex, stocks, and commodities — all with very high leverage (up to 150x on crypto and even higher on forex) — using a capital-efficient vault model rather than deep order books. Trades execute against the gToken (gDAI/gTokens) vault at oracle prices, so a relatively small amount of vault liquidity can back a large notional of positions across many synthetic markets, enabling exposure to traditional assets (EUR/USD, gold, stocks) that pure-crypto DEXs can't offer. Liquidity providers deposit into the vault and earn fees. Running on Polygon and Arbitrum, gTrade appeals to traders wanting high leverage and diverse synthetic markets. The trade-offs: extreme leverage (up to 150x+) is very high-risk and easy to get liquidated on; the synthetic/oracle model concentrates counterparty risk in the vault and depends heavily on oracle reliability; and synthetic exposure to traditional assets carries regulatory and tracking considerations. But for traders who want capital-efficient, high-leverage exposure across crypto AND synthetic forex, stocks, and commodities from a decentralized platform — a genuinely broad market menu — Gains Network's gTrade is one of the most distinctive and established perp/synthetics venues in DeFi.
Gains Network (gTrade) offers a free plan.
Gains Network (gTrade)
Free
| Feature | Gains Network (gTrade) |
|---|---|
| Max Leverage | Up to 150x |
| Settlement Model | Synthetic vault (gToken) |
| Oracle Type | Oracle-priced (Chainlink/Pyth) |
| Funding Rates | ✓ |
| Cross Margin | ✗ |
| Isolated Margin | ✓ |
| Liquidity Provider Yield | ✓ |
| Governance Token | ✓ |
| Multi Chain | ✓ |
| Self Custody | ✓ |
Yes, Gains Network (gTrade) has a free plan.
Gains Network (gTrade) is used for synthetic leverage trading on crypto, forex, and stocks via gdai vaults. It's primarily used by Web3 teams in the Perp DEXs category.
See our full alternatives comparison at https://chainpick.io/alternatives/gains-network.
Gains Network (gTrade) has a rating of 4.2/5 based on 143 reviews. Key strength: Synthetic forex, stocks, and commodities plus crypto. Main limitation: Extreme leverage is very high-risk.
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