Gains Network is a DeFi project that is developing gTrade, a decentralized leveraged trading platform that aims to offer liquidity efficiency, low trading fees, and a wide range of leverages and pairs to its users. The ecosystem revolves around its ERC20 utility token, GNS, and ERC721 utility token, NFTs.
GNS is a crucial component of the ecosystem, supporting the liquidity efficiency of the DAI vault, serving as a backstop for traders, and being one of the main ways to govern the protocol.
Given the project’s unique features and innovative approach to decentralized leveraged trading, some analysts believe that the GNS token has significant potential for growth in the coming years.
In this article, we will explore Gains Network, its ecosystem, and the GNS token in greater detail and provide a possible GNS price prediction for the years 2024 to 2030.
As of 11th September 2024, GNS is trading at $2.22 with a marketcap of 75,030,257 USD
About Gains Network
Category | Value |
Token | GNS |
Website | gains.trade |
Contract Address | Polygon: 0xe5417af564e4bfda1c483642db72007871397896 Arbitrum: 0x18c11fd286c5ec11c3b683caa813b77f5163a122 |
Market Cap | $75,030,257 |
Fully Diluted Market Cap | $75,030,257 |
Self-Reported Circulating Supply | 33,766,378 GNS |
Max Supply | 33,766,378 GNS |
Total Supply | 33,766,378 GNS |
Tags | Polygon Ecosystem, Arbitrum Ecosystem |
Rank | #467 |
Buy GNS | Binance, GNS, Uniswap, Trader Joe |
GNS Token Utility
The GNS token has a critical role in the Gains Network ecosystem. It serves as a utility token that enables the minting of rewards for GNS/DAI LP providers, NFT bots, and affiliates. By doing so, the token ensures the DAI remains within the vault, which adds stability and reduces vault drawdowns.
To prevent the dilution of early community supporters by large whales in the future, the token is burned when the DAI vault becomes overcollateralized.
Moreover, the GNS token is used to collateralize the gDAI vault, acting as a backstop for traders winning on gTrade. The token is also essential in the governance of the protocol, with plans to transform the project into a DAO governed by GNS holders.
How gTrade Works: Leveraged Trading on Gains Network
gTrade is an advanced decentralized leveraged trading platform that is designed to be more efficient than its competitors through the use of a unique synthetic architecture. With low trading fees, gTrade offers traders leverages of up to 150x on cryptos, 1000x on forex, 100x on stocks, and 35x on indices, and supports a wide range of pairs. Traders can use GNS and other tokens as collateral and can take advantage of advanced trading tools such as limit orders and liquidations.
Benefits of Trading on Gains Network
Traders can enjoy several advantages by trading on Gains Network, such as cost-effective trading fees, high leverage, and a broad selection of trading pairs. The synthetic architecture of the platform increases capital efficiency, allowing traders to maximize their resources. Moreover, GNS holders can generate platform fees through single-sided staking, while NFT holders can benefit from reduced spread and increased rewards. The platform’s emphasis on decentralization and community governance ensures that users can have a voice in shaping the future of the project.
How to buy GNS?
GNS got listed on Binance, and that’s our most recommended exchange to buy GNS tokens. Apart from Binance, you can buy GNS from Gains Network, Uniswap, etc.
GNS Price Prediction 2024
When | Maximum Price | Minimum Price |
September 2024 | $2.662 | $2.218 |
October 2024 | $2.689 | $2.241 |
November 2024 | $2.957 | $2.465 |
December 2024 | $2.987 | $2.489 |
In September 2024, the GNS Token is expected to reach a maximum price of $2.662, while the minimum price might settle around $2.218. Moving into October 2024, the GNS Token could see a slight increase, with a potential maximum of $2.689 and a minimum of $2.241. As we transition into November 2024, the token’s maximum price is projected to climb further to $2.957, with a minimum expected at $2.465. Finally, as we step into December 2024, the GNS Token might reach a peak of $2.987, while the minimum price could stabilize at $2.489.
GNS Price Prediction 2025
GNS Price Forecast 2026
When | Maximum Price | Minimum Price |
January 2026 | $3.553 | $2.865 |
February 2026 | $3.908 | $2.792 |
March 2026 | $3.753 | $2.965 |
April 2026 | $4.264 | $3.045 |
May 2026 | $4.690 | $3.782 |
June 2026 | $4.264 | $3.045 |
July 2026 | $3.524 | $2.842 |
August 2026 | $3.203 | $2.288 |
September 2026 | $4.004 | $3.229 |
October 2026 | $5.005 | $3.575 |
November 2026 | $5.506 | $4.440 |
December 2026 | $6.167 | $4.405 |
GNS Price Forecast 2027
When | Maximum Price | Minimum Price |
January 2027 | $6.783 | $5.470 |
February 2027 | $8.140 | $5.814 |
March 2027 | $7.400 | $5.968 |
April 2027 | $8.230 | $5.924 |
May 2027 | $8.954 | $7.221 |
June 2027 | $6.888 | $4.920 |
July 2027 | $5.510 | $4.444 |
August 2027 | $4.271 | $3.051 |
September 2027 | $5.339 | $4.306 |
October 2027 | $6.674 | $4.767 |
November 2027 | $7.341 | $5.920 |
December 2027 | $8.222 | $5.873 |
GNS Price Prediction 2028, 2029 to 2030
When | Maximum Price | Minimum Price |
January 2028 | $9.045 | $7.294 |
February 2028 | $8.140 | $5.814 |
March 2028 | $7.400 | $5.968 |
April 2028 | $8.250 | $5.914 |
May 2028 | $6.838 | $5.514 |
June 2028 | $6.216 | $4.440 |
July 2028 | $7.770 | $6.266 |
August 2028 | $10.023 | $7.160 |
September 2028 | $12.028 | $9.700 |
October 2028 | $10.935 | $7.810 |
November 2028 | $11.044 | $8.906 |
December 2028 | $12.369 | $8.835 |
January 2029 | $11.153 | $8.995 |
February 2029 | $13.122 | $9.373 |
March 2029 | $14.434 | $11.640 |
April 2029 | $17.183 | $12.274 |
May 2029 | $18.677 | $15.062 |
June 2029 | $20.545 | $14.675 |
July 2029 | $19.567 | $15.779 |
August 2029 | $16.305 | $11.647 |
September 2029 | $16.468 | $13.281 |
October 2029 | $20.586 | $14.704 |
November 2029 | $20.997 | $16.933 |
December 2029 | $21.417 | $15.298 |
January 2030 | $20.791 | $16.767 |
February 2030 | $21.207 | $15.148 |
March 2030 | $20.392 | $16.445 |
April 2030 | $16.993 | $12.138 |
May 2030 | $17.333 | $13.978 |
June 2030 | $15.757 | $11.255 |
July 2030 | $20.484 | $16.520 |
August 2030 | $20.689 | $14.778 |
September 2030 | $17.333 | $13.978 |
October 2030 | $20.799 | $14.857 |
November 2030 | $19.809 | $15.975 |
December 2030 | $18.008 | $12.863 |
GNS Price Prediction in INR
Year | Maximum Price | Minimum Price |
2026 | ₹517.81 | ₹192.11 |
2027 | ₹751.82 | ₹256.18 |
2028 | ₹1,038.56 | ₹372.80 |
2029 | ₹1,798.28 | ₹755.27 |
2030 | ₹1,780.65 | ₹945.03 |
FAQs
What is the price prediction of GNS for 2025?
GNS is expected to trade in a range between $1.817 to $3.613 in 2025.
What is the price prediction of GNS for 2030?
Price prediction for 2030 suggests GNS could be trading between $11.255 and $21.207.
What is the GNS price prediction for 2050?
GNS price forecast for 2050 suggests it could be trading at more than 1500 USD by then.
Who are some of the GNS competitors?
Some of the GNS competitors are DYDX, GMX, and Vela crypto exchange.
Conclusion: Should you buy GNS in 2024?
The platform has seen more than $78.13 million TVL in its vault. The numbers have grown rapidly since its release and are expected to keep growing. Gains network could become a true competitor to GMX and Binance. As such, the future of Gains.trade looks sharp, and hence I think it makes GNS a great hold in 2024.
With Binance’s volume declining, more users are now moving towards decentralized exchanges and GNS could become one of the leading dex in the future.
Disclaimer: This article on “What is GNS? GNS Price Prediction 2024 to 2030″ is for educational purposes only, and should not be taken as financial advice. Always consult a financial advisor before investing in GNS or any other crypto.