Gains Network vs GMX


    GMX is an on-chain decentralized perpetual and spot exchange trading platform on Arbitrum and Avalanche. Users can trade assets on-chain, without an account, KYC, geographic restrictions, or high centralized exchange fees. The GMX token is the native governance and value-accrual token of the GMX protocol. There are 13,250,000 GMX tokens in total. The circulating supply is around 7.8 million.

    Gains Network is the company behind gTrade, a leveraged trading platform built on Polygon. \n Gains offer 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, and AMD, among others. The platform also supports the 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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    from polygon.core.fact_token_transfers
    from ethereum.core.fact_hourly_token_prices
    from arbitrum.core.fact_event_logs
    
    where block_timestamp::date >= '2022-04-18'
    
    where origin_to_address in ( '0xf8a140db8b05bec52c7e86d0d40d72f8e54fe559',
    '0x65187fec6ecc4774c1f632c7503466d5b4353db1',
    '0xd8d177efc926a18ee455da6f5f6a6cfcee5f8f58')
    and origin_function_signature = '0x9aa7c0e5')
    
    VALUES ( '0x9D575a9bF57a5e24a99D29724B86ca021A2b0435', 'ETH' , 18),
      ('0x2f2a2543b76a4166549f7aab2e75bef0aefc5b0f','WBTC',8),
      ('0xda10009cbd5d07dd0cecc66161fc93d7c9000da1','DAI',18),
      ('0xff970a61a04b1ca14834a43f5de4533ebddb5cc8','USDC',6),
      ('0xf97f4df75117a78c1a5a0dbb814af92458539fb4','LINK',18),
      ('0xfa7f8980b0f1e64a2062791cc3b0871572f1f7f0','UNI',18),
      ('0x17fc002b466eec40dae837fc4be5c67993ddbd6f','FRAX',18),
      ('0x82af49447d8a07e3bd95bd0d56f35241523fbab1','WETH',18))
    
    where EVENT_NAME = 'Swap' and 
    contract_address = lower('0xabbc5f99639c9b6bcb58544ddf04efa6802f4064') 
    and origin_from_address = EVENT_INPUTS:sender::string)
    

    \n \n

    Per platform

    Number of users

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    • The highest number of users who had transactions on both platforms was on June 29th.
    • On this day, the number of users who had transactions on GMX was 8827, and the number of users on GNS was 93.
    • The highest number of users who had transactions on GNS was on October 13th, with 352.
    • The highest number of users who had transactions on GMX was on June 29th, with 8827.
    • The total number of users on GMX is more than on GNS.
    • The total number of users on GMX is 58.6k and on GNS is 3849.
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    Users breakdown

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    • Most of the users on both platforms have made only 1 transaction. The total number of users who make 1 transaction on GMX is 45k and on GNS is 2824.
    • Most of the users on GMX make transactions that are valued between 10 to 100 USD. The total number of users who make transactions between 10 to 100 USD is almost 27k.
    • Most of the users on GNS make transactions between 100 to 1000 USD. The number of users who make between 100 to 1000 USD transactions is 2361.
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    Number of transactions

    USD volume

    Volume per user

    • The highest USD volume of transactions on both platforms was on September 17th.
    • On this day, the USD volume of all transactions on GMX was almost 17 million and on GNS was almost 655k.
    • The highest USD volume of transactions on GNS was on May 11th with almost 4 million USD.
    • In total, the USD volume of all transactions on GMX is more than on GNS.
    • The total USD volume on GMX is 350 million and on GNS is 182 million.
    • The cumulative USD volume of transactions on GMX has increased by almost 250%.
    • The cumulative USD volume of transactions on GNS faced an almost 180% rise.

    Top 10 traders

    • The top user on GNS has more transactions than the top user on GMX.

    • The 1st user of the top 10 users based on the number of transactions on GNS has 2981 transactions.

    • The top user who has the most number of transactions on GMX has 434 transactions.


    • The value of total transactions made by the top user on GMX is more than on GNS.
    • The total USD volume of transactions made by the top trader on GMX is 28.7 million.
    • The total USD volume of transactions made by the top trader on GNS is almost 20 million.
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    Token Daily transfers

    \

    • The highest number of transactions of both GMX and GNS tokens was on October 5th. On this day, 21.8k transactions belonged to the GMX token and 2595 transactions belonged to the GNS token.


    • The highest number of users who had transactions was on October 26th.
    • On this day, 6639 users transferred GMX token and 1377 users transferred GNS token.
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    • The highest number of transactions on both platforms was on June 29th. On this day, the total number of transactions on GMX was almost 12k and on GNS was 353.
    • The highest number of transactions on GMX was on June 29th, with 11.8k.
    • The highest number of transactions on GNS was on May 11th, with 2225.
    • The total number of transactions on GMX is more than on GNS.
    • The total number of transactions on GMX is 153.3k and on GNS is 142.7k.
    • The average number of transactions per user is more on GNS compared to GMX.
    • The average number of transactions per user on GNS is 4.4, and on GMX is almost 1.5.
    • The cumulative number of transactions on GMX has increased by almost 321% since '2022-04-18'.
    • The cumulative number of transactions on GNS faced an almost 170% rise since '2022-04-18'.
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    ==Number of users====Number of transaction====USD volume==
    GMX: 58.6 kGMX: 153.3 kGMX: 350 M
    GNS: 3849GNS: 142.7 kGNS: 182 M
    ==Maximum USD volume====Median USD volume====Average USD volume==
    GMX: 8.4 MGMX: 50GMX: 3410
    GNS: 2.6 MGNS: 475GNS: 5698
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    GMX token

    Based on Coinmarket cap data, the highest value of GMX token to USD was on 1/20/22. On this day, the value of this token was 57.28 USD.

    GNS token

    Based on Coinmarket cap data, the highest value of GNS token to USD was on 1/10/22. On this day, the value of this token was 4.85 USD.

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