Hyperliquid vs gTrade (Gains Network)
Hyperliquid traded 624× gTrade (Gains Network)'s 24-hour volume ($8.25B vs $13.2M) and holds 5553× its open interest.
Head to head
the arrow points to the better figure| Hyperliquid | gTrade (Gains Network) | |
|---|---|---|
| Trading | ||
| $9.13 | BTC trade, $10k▶ | $8.04 |
| $1,121 | BTC trade, $1M▶ | $893 |
| $39.8M | BTC book depth▶ | $50.0M |
| 0.045%/0.015% | Taker / maker▶ | 0.035%/0.035% |
| 40x | Max leverage▶ | 1000x |
| Size | ||
| $8.25B | ◀Volume 24h | $13.2M |
| $6.96B | ◀Volume, 7-day average | $13.7M |
| $10.15B | ◀Open interest | $1.8M |
| $6.34B | ◀TVL | $6.6M |
| Markets | ||
| 179 | ◀Markets | 134 |
| 164 | ◀Stocks & RWA | 43 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | L +0.0131% / S −0.0121% |
| +0.722% | BTC longs paid, 30d | +0.675% |
| Access | ||
| No ID | KYC | No ID |
| $HYPE | Token | $GNS |
| Season 2 | Airdrop | Not active |
Cost to trade BTC
| Size | Hyperliquid | gTrade (Gains Network) |
|---|---|---|
| $1k | $0.919.1 bp | $0.808.0 bp |
| $10k | $9.139.1 bp | $8.048.0 bp |
| $100k | $91.329.1 bp | $81.108.1 bp |
| $1M | $1,12111.2 bp | $8938.9 bp |
| $5M | $6,85813.7 bp | $6,37512.8 bp |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 63
funding /8h · Net 7d at $10k| Asset | Hyperliquid | gTrade (Gains Network) | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | L +0.0131% / S −0.0121% | +0.0021% | −$10 |
| WLFI | +0.0100% | L −0.1379% / S +0.0930% | +0.1479% | −$999 |
| ETH | −0.0015% | L +0.0066% / S 0.0000% | +0.0015% | −$7 |
| XRP | +0.0100% | L +0.0191% / S −0.0268% | +0.0168% | — |
| NEAR | +0.0100% | L +0.0364% / S −0.0501% | +0.0401% | −$253 |
| ZEC | +0.0100% | L +0.0249% / S −0.0697% | +0.0597% | −$247 |
| SOL | −0.0063% | L +0.0126% / S −0.0087% | +0.0150% | −$271 |
| HYPE | +0.0246% | L +0.0140% / S −0.1264% | +0.1018% | −$258 |
| ONDO | −0.0260% | L +0.0411% / S −0.0233% | — | — |
| HBAR | +0.0100% | L +0.0652% / S −0.0709% | — | — |
| FARTCOIN | −0.0278% | L +0.0357% / S −0.0820% | +0.1098% | — |
| PEPE | −0.0259% | L +0.0353% / S +0.0046% | +0.0213% | −$236 |
| LIT | −0.0056% | L +0.0400% / S −0.0520% | — | — |
| ARB | −0.0265% | L +0.0175% / S −0.0041% | — | — |
| AAVE | +0.0100% | L +0.0378% / S −0.0170% | +0.0070% | −$378 |
| LINK | +0.0100% | L +0.0192% / S +0.0030% | — | — |
| ALGO | +0.0100% | L +0.0050% / S +0.0010% | — | — |
| POL | +0.0100% | L +0.0402% / S +0.0001% | — | — |
| DOGE | −0.0007% | L +0.0312% / S −0.0259% | — | — |
| SUI | −0.0074% | L +0.0246% / S −0.0183% | — | — |
Only on Hyperliquid: 116 (+6 via HIP-3)
ZRO · MON · PAXG · STRK · AERO · GRASS · CASHCAT · CRV · PURR · PONS · USELESS · ETHFI · PENDLE · LDO · CHIP · CC · MORPHO · SYRUP · SPX · SKY · CFX · W · NIL · DASH · MET · LINEA · EIGEN · RUNE · JTO · PYTH · ENS · MINA · SAGA · ZK · HMSTR · STBL · CAKE · INIT · APEX · DYDX · BERA · AVNT · POPCAT · REZ · KAITO · GOAT · IOTA · GRIFFAIN · APE · COMP · AZTEC · 0G · RESOLV · GMX · XTEN · MELANIA · PNUT · USUAL · BLUR · STABLE · and 56 more
Questions
Is Hyperliquid or gTrade (Gains Network) cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $9.13 on Hyperliquid and $8.04 on gTrade (Gains Network) right now, taker fee and order-book slippage together, so gTrade (Gains Network) is cheaper. Taker fees: 0.045% and 0.035%.
Which has more markets, Hyperliquid or gTrade (Gains Network)?
Hyperliquid lists 179 active markets and gTrade (Gains Network) 134; 63 assets trade on both.
Does Hyperliquid or gTrade (Gains Network) require KYC?
Hyperliquid: No ID: any EVM wallet or an email login; the app is closed to the US, Ontario and sanctioned countries. gTrade (Gains Network): No ID; not for US persons or residents (whatever the IP) or sanctioned persons, VPNs forbidden.
Can you arbitrage funding between Hyperliquid and gTrade (Gains Network)?
Not profitably right now: none of the 63 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Hyperliquid or gTrade (Gains Network)?
24-hour volume: Hyperliquid $8.25B, gTrade (Gains Network) $13.2M. Open interest as each reports it: $10.15B and $1.8M. TVL: $6.34B and $6.6M.