Gains Network is a decentralized derivatives trading platform built on the Polygon network, with the capability to expand to other blockchain networks. The project's goal is to develop an efficient, robust, and user-friendly decentralized leveraged trading platform, aiming to become the most widely accepted decentralized leveraged trading platform.
Existing leveraged trading platforms are often overly centralized and offer limited leverage options. Gains Network addresses this issue by introducing the gTrade platform, where traders can initiate trading without the need to create an account with personal information or deposit funds onto the platform.
Users simply need to connect their wallets to start trading on the gTrade platform. Traders' funds remain in their wallets and only move with the wallet owner's permission. These processes are guided by smart contracts. Asset prices on the platform are provided by a modified version of Chainlink's decentralized oracle network (DON).
Overall, while the concept is not particularly unique, it offers a user-friendly approach for individuals to consider and potentially invest in. Show Less