Gains Network

Gains Network develops gTrade  —  the decentralized leveraged trading platform on Polygon. There…

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Introducing gGNS: Unlocking $GNS as Trading Collateral

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Since its inception, gTrade’s liquidity model has continuously adapted to meet the evolving needs of traders, investors, and the broader DeFi landscape. Initially built around gDAI, the vault system has expanded as trading behaviors shifted and demand for alternative collaterals grew. In early 2024, the introduction of gUSDC and gETH ushered in multi-collateral trading, allowing traders to engage with the platform by using their preferred assets. gUSDC has since become the dominant vault on gTrade, with USDC covering more than 80% of total trading volume.

Now, as gTrade continues to refine its capital efficiency and deepen its integration with the $GNS ecosystem, the next evolution has arrived: the gGNS Vault — allowing $GNS to be used as a collateral for 270+ markets across crypto, forex, and commodities.

Note: The vault is now open for deposits. Trading will be enabled on March 15.

gTrade’s daily volume share by collateral (March 11, 2025 — Source: Dune)

A Natural Evolution for gTrade

The addition of the gGNS Vault is a strategic step forward, aligning with both community demand and gTrade’s broader vision. This vault introduces $GNS as a trading collateral, reinforcing the token’s role within the protocol and strengthening the relationship between traders, investors, and the ecosystem itself. Similar to the launch of gETH and gUSDC on Arbitrum, the gGNS Vault debuts without an initial overcollateralization layer or predefined commitments. Instead, its growth and utility will be shaped organically by user engagement and adoption.

A Controlled and Efficient Design

The gGNS Vault functions just like existing gToken Vaults, enabling $GNS holders to deposit their tokens in exchange for a share of gTrade’s trading fees. Unlike other vaults that provide stablecoin or ETH exposure, the gGNS Vault introduces a new layer of composability by allowing the protocol’s native token to serve as trading collateral, further embedding it into the protocol’s liquidity structure.

Beyond the enhanced utility for $GNS, this vault benefits holders in multiple ways. Deposited tokens are locked within the liquidity pool under the same epoch system as with other gToken Vaults, reducing the circulating supply and supporting long-term sustainability. Additionally, the presence of a dedicated gGNS Vault paves the way for future optimizations — ensuring that $GNS collateral is both efficient and beneficial to users looking to maximize their trading strategies.

Why the gGNS Vault Matters

The introduction of gGNS represents more than just another collateral option — it signifies a deeper alignment between the protocol and its native asset. By allowing $GNS to be used for trading, gTrade strengthens its token economy while offering new incentives for long-term holders. The gGNS Vault ensures that $GNS liquidity is actively utilized while maintaining market integrity across all available collateral types.

Importantly, integrating $GNS into the collateral system does not impact the market conditions of other assets, such as available Open Interest (OI), spreads, or execution efficiency. Instead, it introduces a new dimension of capital efficiency, making it easier for traders to leverage $GNS while reinforcing its role in gTrade’s broader ecosystem.

Visit the gGNS Vault at ➡️ http://gains.trade/vaults/gGNS

Looking Ahead

The gGNS Vault has launched on Arbitrum, but its availability can extend to other networks should demand warrant expansion. Moreover, this launch marks the first step in an evolving journey for $GNS as trading collateral. Future enhancements could introduce trading fee discounts, additional liquidity incentives, and optimized market conditions — positioning it as a compelling option for traders aiming to optimize their efficiency on gTrade.

As gTrade continues to evolve, the introduction of gGNS highlights the protocol’s commitment to innovation, sustainability, and the empowerment of its trading community. Further updates on its adoption and integrations will be shared via official channels as the vault matures and its role within the ecosystem expands.

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Gains Network
Gains Network

Published in Gains Network

Gains Network develops gTrade  —  the decentralized leveraged trading platform on Polygon. There are more products to come.

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