Gains Network
Current price
$0.4970
−26.70%24h
LiveUpdated 35s ago
TodayGains Network drops 26.7%, trailing the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour−2.74%
- 24 hours−26.70%
- 7 days+26.79%
- 30 days+20.48%
- 1 year−63.21%
Gains Network's move in context
Lagging the market today
−26.70% today against −3.26% for the market as a whole, a gap of 23.4 points. A gap this wide suggests something specific to Gains Network may be moving it, not just the market mood.
Part of a climb
+26.8% over 7 days and +20.5% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Gains Network
Overview
Gains Network is a cutting-edge cryptocurrency designed with the purpose of revolutionizing the decentralized finance (DeFi) landscape. The core mission of Gains Network is to provide users with a seamless and efficient trading experience, emphasizing transparency, security, and accessibility. One of its distinguishing features is the integration of advanced financial products into the blockchain space, which empowers users to engage in leveraged trading and other investment strategies without intermediaries. By utilizing a decentralized approach, Gains Network aims to democratize finance, offering tools and solutions that address the needs of retail and institutional traders alike.
Technical Features
Gains Network is built on a robust technical foundation that incorporates a unique consensus mechanism called Proof of Liquidity. This mechanism ensures the stability and reliability of transactions on the network while incentivizing liquidity provision among users. The security model encompasses a multi-layered approach that leverages cryptographic methods and smart contract audits to maintain a secure trading environment. The network architecture is designed to minimize latency and enhance transaction throughput, using a combination of Layer 2 scaling solutions that facilitate high-speed transactions without sacrificing decentralization. Furthermore, Gains Network employs an innovative algorithm for automated market making, which enhances liquidity and minimizes slippage during trades.
Use Cases
The primary use cases for Gains Network center around its role in decentralized finance (DeFi), specifically for leveraged trading and derivatives. Traders can use the Gains Network platform to access decentralized trading opportunities, allowing them to take advantage of market movements with increased capital efficiency. Additionally, users can participate in governance through the native token, GNS, enabling them to vote on crucial platform decisions and protocol upgrades. The platform also supports the creation and trading of non-fungible tokens (NFTs), as well as smart contracts that facilitate peer-to-peer transactions, making it a versatile tool in the evolving crypto ecosystem.
Development Background
Gains Network was founded by a team of finance and blockchain experts who recognized the need for a more accessible trading platform in the DeFi space. The project was launched in early 2021 and has since attracted significant attention in the crypto community. Notable contributors include experienced developers and advisors from top financial institutions who have provided invaluable insights during the development process. Significant milestones include the successful launch of the Gains Network platform and ongoing partnerships with key industry players that help expand its reach and functionality.
Community and Ecosystem
The Gains Network boasts a vibrant community of users, developers, and investors who are passionate about decentralized finance and innovation. The ecosystem is supported by various development initiatives, including hackathons and educational programs that aim to empower new users and foster growth. Additionally, Gains Network has forged strategic partnerships with DeFi protocols and liquidity providers, which enhance the platform's offerings. Numerous applications and projects are being built around Gains Network, from trading bots to portfolio management tools, contributing to an expansive and dynamic ecosystem.
Future Potential
Looking ahead, Gains Network possesses significant potential to impact the cryptocurrency and DeFi landscape. Its innovative technology, coupled with a strong focus on user experience, positions it well to capitalize on the growing demand for decentralized trading solutions. Upcoming features outlined in its roadmap include the introduction of more advanced financial instruments, enhanced liquidity options, and expanded integrations with other blockchain networks. By continuously evolving and adapting to market needs, Gains Network is poised to remain at the forefront of the DeFi revolution.
Gains Network market
- Position by market cap among the coins we track.
- #352
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $11.63M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.4820High $0.6920
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $12.48
- Now 4% of itReached 17 Feb 2023 · Needs +2,411% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 23.4M GNS
- 69% of max
- Coins that exist now and can be traded.
- The most coins that can ever exist. Some coins have no limit.
- 34.05M GNS
- The most coins that can ever exist. Some coins have no limit.
Gains Network converter
1 Gains Network = $0.4970
