How do Gains (gTrade) and GMX compare on model?

Gains (gTrade): Synthetic + gToken pools. GMX: GLP multi-asset pool.

How do Gains (gTrade) and GMX compare on leverage?

Gains (gTrade): Up to 150× (select pairs). GMX: Up to 100×.

How do Gains (gTrade) and GMX compare on markets?

Gains (gTrade): Crypto, forex, commodities. GMX: Primarily crypto.

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Gains Network vs GMX (2026)

Two Arbitrum perpetual DEXes compared — synthetic gTrade pools versus GLP multi-asset liquidity.

Updated June 2026

Option A

Gains (gTrade)

Full guide

Option B

GMX

Full guide

Criteria	Gains (gTrade)	GMX
Model	Synthetic + gToken pools	GLP multi-asset pool
Leverage	Up to 150× (select pairs)	Up to 100×
Markets	Crypto, forex, commodities	Primarily crypto
LP token	gDAI / gUSDC	GLP
Governance	GNS	GMX

Verdict

GMX suits traders wanting deep GLP-backed liquidity on majors; gTrade suits those wanting synthetic markets including forex and commodities with gToken staking.

Market data changes frequently. For live TVL and rates, see our DeFi tools.