📚 WHAT IS GAINS NETWORK?

• Gains Network is a decentralized derivatives trading platform built first on the Polygon network and expanding to other decentralized networks.
• On gTrade, crypto derivative traders are allowed up to 150X leverage and up to 1000x for forex trades.
•  Leverage trading on Gains Network is powered by synthetic assets and a decentralized lending protocol and its leverage system saves users the loan fee paid on other leverage trading platforms.
• The GNS token is the native token of the Gains network and supports its financial system. It will be used for DAO Voting when GNS's decentralized government goes live.
• Gains Network is the company behind gTrade, a leveraged trading platform built on Polygon (and soon on Arbitrum). \n Gains offers a wide variety of tradable assets. Beyond major cryptocurrencies, the platform also supports large-cap U.S. stocks, including popular tech names like AMZN, AAPL, AMD, among others. The platform also supports trading of major currency pairs. The platform supports 150x leverage on Crypto and Stocks and up to 1000x leverage for Forex.

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🖋️ Methodology

• I Used optimism.core.ez_nft_sales and optimism.core.dim_labels tables in getting the :
  • Project Address 0xab236c814a1651d3d699e333495d4bb1a818a2ad

📌 Overview

in this dashboard,I will review the following

• In the first stage, a brief introduction to what is Gains Network & GXM ?
• Analyze each chart
• General conclusion about the dashboard

🔍Question

• Observe Trading volume. Has one platform absorbed more volume than the other?
• How impactful is GNS volume to polygon?
• GMX volume to Arbitrum?
• Are there any insights that can reveal why Gains Network wants to move into the Arbitrum ecosystem?

📚What is GMX ?

GMX (DMX/USDT – Trade it here) is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades and lets you trade top cryptocurrencies with up to 30x leverage directly from your wallet. The protocol initially went live on Arbitrum in September 2021, followed by Avalanche in early 2022. A distinct multi-asset liquidity pool facilitates their trading. It produces rewards from market making, swap fees, leverage trading (spreads, funding fees, and liquidations), and asset rebalancing and channels them back to liquidity providers.

How to buy GMX Token (GMX)?

You can buy GMX Token (GMX) on MEXC by the following the steps:

1. Log in to your MEXC account and click [Trade]. Click on [Spot].
2. Search “GMX” using the search bar to see the available trading pairs. Take GMX/USDT as an example.
3. Scroll down and go to the [Spot] box. Enter the amount of GMX you want to buy. You can choose from opening a Limit order, a Market order or a Stop-limit order. Take Market order as an example. Click [Buy GMX] to confirm your order. You will find the purchased GMX in your Spot Wallet.

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