GNS is the native utility and governance token of Gains Network, a decentralized leveraged derivatives platform built on Polygon that offers leveraged trading on crypto, forex, stocks, and indices.
The token is used for staking, fee revenue sharing, and future DAO governance, with a portion of trading fees burned to create deflationary pressure.
Recent prices are around $1.1–$1.4 USD (৳140–৳180 BDT) with a market cap under ~$40 million, down sharply from all‑time highs near ~$12.45, reflecting weak sentiment and broader crypto pressure.
Price action has struggled to hold support amid sector‑wide declines for smaller DeFi and derivatives tokens, with technicals showing continued selling pressure.
Liquidity and TVL inside the protocol’s DAI vault remain moderate, and governance developments may help value accrual if adoption of gTrade increases.
Analysts see GNS as a high‑beta altcoin where price swings often amplify broader market moves, making it a speculative play tied to DeFi utility rather than stable store of value.
@GainsNetwork_io $GNS #gns