Ripple’s RLUSD stablecoin has gained momentum in decentralized finance (DeFi), attracting significant supply to Aave’s V3 Ethereum Core market, with a notable amount in loans taken. 

Daily top performer — Sui Network (SUI)

The S&P 500 gained 1.67% on easing trade tensions and Fed reassurance, but pared gains after tariff cut hopes were downplayed. Gold fell from its $3,500 high, signaling a bearish reversal. Key support lies near $3,167, with further downside possible. The Coindesk Indices, which tracks the broader crypto market, fell 0.53%, with Bitcoin and Ether up 2.19% and 5.92%, respectively, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is SUI, up 7.3%, following OVERTAKE's partnership with Sui to build a scalable and trustless game asset trading platform.

Sui Network (SUI), founded in 2022, is a Layer 1 blockchain by Mysten Labs, built to improve web3 scalability, speed, and security. It aims to reduce smart contract latency and support innovative NFT gaming, like Sui Monstar, with a developer-friendly environment. 

, efficient game asset trading platform. Leveraging Sui’s object-centric architecture, parallel execution, zkLogin, and modular infrastructure, OVERTAKE aims to enable trustless trading, verified in-game assets, and a real, on-chain game economy.

Check out the latest prices, charts, and data of 

 has gained momentum in decentralized finance (DeFi), attracting significant supply to Aave’s V3 Ethereum Core market, with a notable amount in loans taken. Initially slow, the stablecoin's growth has accelerated after its debut on Aave. RLUSD has a market cap close to $300 million and a supply cap, with borrowing limited to a specific amount. Ripple aims for RLUSD to become a top-five stablecoin by year-end. Ripple's collaboration with Chainlink enhances RLUSD’s utility across both institutional and DeFi applications.

Yesterday, BTC spot ETFs saw $273.8M in total inflows, all from non-GBTC funds.

, with 10% of MILK’s 1B supply allocated for eligible users—mPoint holders, oolitia NFT holders, and milkINIT testers. Opt-in is required for CEX claims; wallet claims need no action. Pre-deposits close April 26, 12 PM UTC.

Beginner

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Ripple’s RLUSD stablecoin gains momentum with Aave integration and growing DeFi presence

VanEck’s BNB Spot ETF proposal could bring BNB to U.S. markets, expanding access and marking a key milestone for BNB Chain's growth in regulated finance.

After the US Securities and Exchange Commission (SEC) approved spot exchange-traded fund (ETF) products based on 

 (ETH) in 2024, a flurry of new altcoin ETF applications emerged in early 2025. Many prominent asset management firms are vying for the approval of their ETF products, based on coins like 

 (AVAX) and others. Even some smaller-cap meme coins, specifically Pudgy Penguins' 

, have joined the SEC's ETF waiting list.

Given that most top cryptos already have their ETF applications filed with the country's financial regulator, it's little surprise that BNB Chain's 

, the fifth-largest cryptocurrency by market capitalization, has joined the bandwagon. In late March 2025, the New York–based global investment management giant VanEck registered a trust entity named VanEck BNB ETF in the US state of Delaware. The registration is an early sign that the acclaimed investment manager is planning to lodge a BNB ETF application with the SEC.

If approved, it will be the first US-based BNB ETF product on the market, likely leading to significant growth within BNB Chain's already well-established ecosystem.

On Mar 31, 2025, one of the leading asset managers in the world, VanEck, registered a trust named VanEck BNB ETF in the US state of Delaware. This is the strongest imaginable indicator that the company plans to subsequently launch an application with the SEC for the ETF’s approval. If approved by the regulator, the product will be the first spot ETF in the US to track BNB coin. As of the time of this writing (Apr 23, 2025), VanEck hasn't formally applied with the SEC, but this step is likely imminent.

Following the SEC filing, BNB coin will join a long list of other leading cryptocurrencies whose spot ETF applications have been lodged with the US regulator. Over the past few months, the SEC has received spot ETF applications for Solana, 

The VanEck BNB Spot ETF will track BNB coin, allowing holders to invest in the asset without directly holding it. While BNB is among the most popular assets in the crypto market, many investors are eschewing it and other cryptocurrencies due to their unregulated nature. Upon approval, the ETF product would be available for trading on regulated stock exchanges.

The exact composition of a crypto ETF product is usually unknown before its application is filed with the SEC. Therefore, we can assume that at this stage the ETF will be based entirely upon tracking BNB coin. Any additional components, such as minor holdings of other assets such as cash equivalents, could theoretically be included, but this will only be known upon VanEck’s formal application to the SEC.

VanEck itself is among the leading ETF issuers in the finance industry and is a pioneer of crypto ETFs. The firm already offers approved 

, and has filed applications with the SEC for spot ETFs based on several other cryptocurrencies, including a 

Currently, there’s no ETF in the US based on the BNB coin. In that respect, VanEck’s registration is the first serious effort to introduce such a product. Internationally, there is one exchange-traded product (ETP) that tracks BNB — the 21Shares Binance BNB ETP (ABNB), listed on the Swiss Stock Exchange. This ETP is offered by 21Shares, a leading digital asset management firm based in Zurich, Switzerland.

. ETPs may be based on various assets, such as stocks, bonds, commodities or cryptocurrencies. However, ETFs often offer better liquidity, lower fees and greater tax efficiency than other types of ETPs.

In short, despite the presence of the ABNB ETP on the market, the BNB ETF landscape remains an empty niche, as the 21Shares product isn’t a full-fledged ETF and has no regulatory approval in the US.

Current impact of BNB ETF applications on the crypto market

VanEck’s BNB ETF application — or, to be precise, its registration in Delaware — has so far had no immediate impact on the coin’s market price. In fact, BNB coin is currently trading at $615.68, barely different from its price of $600 in the early days of April when news of the ETF’s registration first surfaced.

BNB is a major cryptocurrency featuring at least one billion dollars in daily trading volumes. The news of VanEck's initiative is unlikely to seriously affect BNB’s price. However, if the ETF ultimately gains approval from the SEC, such a development may have a significant positive impact on the crypto's future price.

What will it mean if a Spot BNB ETF application is approved?

If the SEC approves the Spot BNB ETF, it will likely lead to higher demand for BNB coin — as demand from investors for the product rises, VanEck will need to source more BNB to back its ETF shares. This increased demand would push the price of BNB higher. As noted above, BNB is one of the market's largest cryptos and features substantial trading volumes. Therefore, it's unlikely that a Spot BNB ETF would cause drastic rises in the coin’s price. However, a certain positive price effect is a safe bet, and the magnitude of the effect will be directly related to the popularity of the ETF among investors.

Additionally, the ETF will improve the visibility of the BNB ecosystem, potentially leading to more 

 (DApps) and projects launched on its blockchain.

If approved by the SEC, the Spot BNB ETF by VanEck would usher in a new era for the coin. For the first time ever, BNB as a financial asset would become available through the regulated environment of US stock exchanges. This would not only help support the coin’s price and expand the chain’s ecosystem, but would also be a major reputational gain for Binance, the world’s largest crypto exchange and the corporate entity behind BNB Chain.

Over the years, Binance has had its fair share of troubles and arguments with US regulators. A fully approved spot ETF based on Binance’s own coin would, therefore, send a signal to the crypto market that the major components of the Binance ecosystem — BNB crypto, BNB Chain’s blockchain and the Binance crypto exchange — aren’t as risky to deal with as some Americans may believe.

Intermediate

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BNB Spot ETF: A new gateway as BNB Chain evolves

In this article, we explore liquid staking protocol StakeStone's key features, the STO token launch, tokenomics and how to trade STO on Bybit.

StakeStone (STO) is a next-gen omnichain liquidity infrastructure protocol designed to optimize yield and cross-chain liquidity. Its introduction of liquid yield-bearing versions of ETH and BTC — STONE and STONEBTC — enables users to earn sustainable yield while enhancing capital efficiency. This article explores StakeStone’s architecture, core assets, founding team, tokenomics and recent market performance.

 is a decentralized liquidity infrastructure protocol that issues liquid, 

-bearing assets like STONE (Ethereum) and STONEBTC (Bitcoin). Designed for omnichain integration, it empowers users and protocols with composable 

 solutions and efficient cross-chain liquidity.

Launched in 2024, StakeStone was built to address the fragmented and capital-inefficient nature of ETH and BTC staking by introducing secure, flexible and modular primitives. StakeStone’s mission is to maximize on-chain yield while ensuring deep liquidity across ecosystems.

StakeStone was founded in 2023 by a team of DeFi-native builders led by Charles K, a crypto veteran with over 10 years of experience in centralized exchanges (CEXs), hardware wallets and DeFi infrastructure The core team includes Rose Li, Chief Strategy Officer, and Ivan K, Chief Marketing Officer.

The project has secured funding from notable crypto funds, including Polychain Capital, Binance Labs, OKX Ventures, Amber Group, HashKey Capital and Bankless Ventures. These backers not only provide capital but also strategic ecosystem access — positioning StakeStone as a serious player in omnichain liquidity and yield infrastructure.

StakeStone converts ETH and BTC into liquid, yield-bearing assets — STONE (ETH) and STONEBTC (respectively) — through a modular and omnichain framework. When ETH is staked, it flows into the StakeStone Vault and is allocated to the Strategy Pool, and STONE is minted via the Minter.

Yield is generated through strategies such as:

Users can deploy STONE across chains via the 

 (LP) rewards, with optional LP locking for enhanced returns. SBTC is the liquid BTC asset mirroring Bitcoin’s value, with STONEBTC adding a yield layer to BTC and unlocking passive income without sacrificing liquidity.

StakeStone implements key security measures, including the following:

STONE (ETH): Omnichain yield-bearing asset

 derivative. It’s minted when users stake ETH, and is backed by underlying yield from stETH, EigenLayer restaking and additional DeFi strategies.

STONE supports seamless cross-chain bridging, enabling deployment across supported networks and STONE-Fi Pools for additional rewards. Users benefit from passive yield, cross-chain utility, governance participation and on-demand liquidity.

SBTC is a liquid Bitcoin asset that mirrors BTC’s value and enables seamless use within EVM-compatible chains. STONEBTC, on the other hand, enhances SBTC by adding a yield layer, empowering users to earn yield from BTC-based strategies while preserving liquidity.

 utility by unlocking native BTC liquidity and enabling new use cases, such as cross-chain lending and borrowing, LP participation in BTC-based DeFi pools and composable integration across multichain DeFi protocols.

Together, SBTC and STONEBTC aim to position Bitcoin as an active capital layer across Ethereum and beyond.

 of StakeStone, with a total supply of 1 billion. It underpins protocol governance via OPAP proposals, voting-escrowed STO (veSTO) staking and 

Emissions are set to taper gradually until 2031, aligning incentives with long-term ecosystem growth.

According to CoinGecko, as of Apr 24, 2025, 

with a market cap of over $25 million. The token has recently shown strong momentum, rallying 85.4% over the past two weeks. Furthermore, StakeStone’s value could benefit from various catalysts, such as the rise in demand for 

 the STOUSDT Perpetual futures contract in the Innovation Zone, with up to 20x leverage.

 a Bybit account, complete identity verification and fund your 

 using crypto deposits or fiat currencies. 

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StakeStone (STO): Cross-chain liquid staking protocol

The MANTRA (OM) token’s wild crash on Apr 13, 2025, shocked the crypto world. Discover the causes, fallout, and what’s next in MANTRA’s road to recovery.

In the morning and daytime hours of Apr 13, 2025, the MANTRA blockchain's native token, OM, sat at a respectable market cap of $6 billion, making it the third-highest-ranked cryptocurrency in the 

 (RWA) category, the area the platform specializes in. Everything seemed like smooth sailing for the token.

Then, just after 6 PM UTC, the price of the OM token suddenly began to free-fall, declining from nearly $6 to about $0.50 in the space of just two hours.

A project that started the day as one of the top players in the RWA field was now worth 90% less as the evening approached. OM's abrupt, sharp crash immediately caught the market's attention, with speculation of a 

However, MANTRA's CEO, John Patrick Mullin, immediately sprang into action for PR damage control on social media, reassuring the public that the team members weren’t dumping OM tokens at all. Instead, MANTRA's founder and CEO alleged that deliberate actions of some 

 (CEXs) had caused the catastrophic plunge.

As of our coverage date of Apr 23, 2025, this is a developing story. In this article, we’ll establish what actually happened, who's involved and what awaits the OM token in the foreseeable future.

 decentralized network dedicated to RWA tokenization and utilization in compliance with real-world regulatory requirements.

 It features high scalability and low transaction fees. The project is one of the earliest initiatives dedicated to RWA use via blockchain technology. Originally, MANTRA debuted as a 

 (ETH) in August 2020. In October 2024, the project migrated to its own dedicated Layer 1 platform, the MANTRA Chain. The MANTRA blockchain is based on the Cosmos SDK framework, and is part of the wider 

The MANTRA ecosystem's main products include MANTRA DEX, a 

 (DEX); a digital identity (DID) management tool; a compliant token development and management solution; and a comprehensive compliance and permissioning system. MANTRA has also partnered with global powerhouses like Google Cloud, and with DAMAC Properties, one of Dubai's most prominent developers, to propel innovative solutions for 

Starting in late 2024, right after its own dedicated mainnet launch, MANTRA had become a significant player in the RWA corner of 

 (DeFi). By late February 2025, the platform’s native OM token had climbed to a value of nearly $9, with its market cap peaking at around $8.2 billion. Before the fateful events of Apr 13, 2025, OM was the third-highest-capped crypto in the RWA category, trading at $6.27, with a market cap of slightly over $6 billion, according to the CoinGecko portal.

In the evening hours (UTC time) of Apr 13, 2025, OM began to lose its value precipitously, dive-bombing from over $6 to about $0.52 in the space of two hours. The token’s market cap fell to slightly under half a billion dollars — a loss of more than 90%.

CEO John Mullin was quickly online, reassuring the crypto community that no team member had sold their OM holdings, and that this wasn’t a case of the bad ol’ rug pull. Instead, Mullin alluded that after OM tokens were moved to two leading CEXs (Binance and OKX) to use as collateral, the exchanges initiated a cascade of 

 of positions backed by the token. Both exchanges refuted the allegations, and connected OM’s price collapse to its recent unusually high price 

, and significant tokenomics changes made to OM in October 2024 that greatly undermined its value.

As a chain of liquidations took place, the token’s price started to plummet, causing significant panic that quickly led to further price drops. The situation only stabilized closer to the end of the day, with OM’s price remaining under $1. As of Apr 23, it’s trading at $0.5543 — a far cry from its rate of over $6 just two weeks ago.

After investigating, crypto analytics firm Lookonchain concluded that 17 wallets had deposited 43.6 million OM tokens (4.5% of the token's circulating supply) into the implicated exchanges. Two of these wallets are believed to belong to Laser Digital, one of MANTRA's investors. Another investor in the project, Shorooq Partners, is also suspected to be among the 17 wallets. Both Shorooq and Laser Digital have denied the allegations.

Although the price plunge was immediately compared to the 2022 collapse of the 

 (LUNA) blockchain, many analysts point out that the two crashes are fundamentally different. Terra's crash resulted from structural abnormalities in the 

 regulating UST, the project's stablecoin. In contrast, OM's fiasco is suspected to be the direct result of market-driven manipulation by 

, and possibly exchanges. No security breach, disruption to services or data, or other adverse structural events have occurred on the platform.

While this development is unprecedented for the project, MANTRA has been embroiled in other controversies throughout its history. One of these was its 

, first announced in August 2024 and then delayed multiple times. Around 50% of the wallets believed to be bots were cut off from the airdrop list. However, many considered the bot-culling process to have been conducted without much proof.

There have also been reports of vote rigging in the project's governance system in a bid to obscure MANTRA’s centralized model of profit allocation. Additionally, some analysts have accused the project of "forced bridging" to manipulate the market price. Platform users had to migrate their Ethereum-based OM tokens to MANTRA's native OM tokens via 

, which would increase gas fees and allow the project team to control the token's circulation pace.

How is MANTRA (OM) headed toward recovery?

MANTRA’s CEO rapidly reassured users that the team is now working hard to jump-start the token’s recovery. On Apr 14, 2025, Mullin unveiled plans to initiate a buyback scheme, along with the intent to burn all OM tokens held by the project team. The team's supply totals 300 million tokens, representing about 17% of the total supply.

He also denied factually incorrect assertions circulating online that the team effectively controls 90% of OM's supply. Mullin further assured the public that no large-scale selling events by investors have occurred.

As OM’s value has stayed firmly under $1, it remains to be seen how these PR efforts — as well as the planned buyback and burn — will affect the token’s future.

 as a swap pair with USDT, or on the Derivatives market as the 

Naturally, given the ongoing situation with the OM token, buying OM is at your own discretion, as right now the token is truly for the adventurous and brave at heart.

As of Apr 23, 2025, the OM token is trading at $0.5543, 93.8% lower than its ATH of $8.99 on Feb 23, 2025, and 3,138.8% higher than its ATL of $0.01726 on Oct 12, 2023.

Curiously, most crypto price prediction portals are optimistic about the OM token's long-term prospects. DigitalCoinPrice 

 of $1.81 in 2027 and $2.82 in 2030, whilePricePrediction 

It's hard to verify all the allegations flying around regarding the involvement of exchanges and key investors in the MANTRA OM incident. What matters at this stage is that the project team has been quick and proactive in injecting transparency and clarity into the situation.

The free fall in the token's price seems to be over by now. In fact, OM’s decline was over within hours of the incident. Moreover, unlike Terra's LUNA and UST coins, OM hasn't become worthless. All these factors point to potential stabilization and recovery ahead. The question now is: Will the pace and magnitude of the recovery be enough to save the project in the long term? At this early stage after the collapse, few people could answer the question with confidence. We'll eagerly await the developments over the next few weeks to see if MANTRA finds its way out of the woods. 

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MANTRA (OM): Understanding its wild ride and road to recovery

Bybit Learn

DeFi

Gains Network is a DeFi ecosystem of multiple products on the Polygon and Arbitrum chains. Find out more about its features in this article.

While there are many cryptocurrency trading platforms in use today, they often have limited functionality, high 

 and various inefficiencies. These factors can limit a trader’s activities considerably and have a negative impact on how profitable the trades are. Gains Network’s gTrade is one of the many decentralized trading platforms that users can choose from, but it stands far apart from the others in terms of its architecture, functionality and user experience. Read on as we explore exactly what makes Gains Network a superior option for traders to use.

This decentralized leveraged trading system uses its liquidity pools for leveraging, and users do not actually need to borrow assets or possess assets in order to use them. In addition, users of Gains Network do not need to endure the hassle of 

 identification to get started. Instead, their activities are executed directly from their wallets. Gains Network also offers staking rewards, NFTs, one-click trading and future community governance for a superior user experience.

Currently, the Gains Network team is robust, and the entire team uses only first names or handles to identify themselves. The founder, known as Seb, worked exclusively on the project for its entire first year. As the project grew and its needs became more refined, Seb expanded its team. Gains Network’s full-stack developers are Nathan, Uri and Crumb. Front-end developers are Dreamersnat and Konrad, while Drew is responsible for backend development. These and other individuals are actively working on the current and upcoming evolution of Gains Network as a benefit to its current and future users.

The Gains Network team has maintained its focus on a few specific goals from day one. One of these goals is for the gTrade platform to be the most-used decentralized leveraged trading network in use today. It has also focused on producing excellent DeFi products on Gains Network with a staking mechanism and staking rewards. 

Using DAO governance, Gains Network supports community-generated proposals for future improvements to the platform. It also wants to take the 

 space to a higher level, such as through the establishment of its own 

 and casino. Gains Network is already in a league of its own thanks to its gTrade architecture, and extensive development continues today to further innovate improvements and enhance its users’ experiences.

Users do not need to go through an intensive authentication process in order to benefit from Gains Network. All trades are processed through a single vault, so the process is more efficient. Because synthetic leverage is used on Gains Network’s gTrade, users do not actually borrow funds to take advantage of leveraging their trades. When an order is placed, positive trades are paid through the vault, and negative trades result in funds being deposited in the vault. To support accurate, real-time pricing, gTrade uses a custom Chainlink decentralized 

 network for median prices on each order. 

Gains Network is designed to enhance staking, buying, selling and other activities for its users. Its functionality is rooted in several standout features and its unique gTrade architecture. What are the key features of Gains Network?

At the core of Gains Network is the gTrade platform. This is a liquidity-efficient platform that uses synthetic architecture to produce a superior trading experience. Roughly 40 trading pairs are supported through gTrade. Users maintain full custody of their assets and trading is available for commodities, cryptocurrencies, stocks and forex. This platform also has more competitive fees than many of its counterparts, and it offers up to 150x leverage for cryptocurrencies and up to 1,000x for forex.

 (1CT) once you create a 1CT wallet on the gTrade trading platform. After creating the wallet, you would have to approve it as a delegate through gTrade smart contracts so that it can execute trades on your behalf. Once this is enabled, you will no longer need to use your wallet to confirm transactions during trades. You can simply proceed with making your usual trading order which is then immediately processed as requested, reducing the time required to trade. 

GNS staking offers users a great way to earn a passive income. In exchange for staking GNS tokens, users are rewarded through DAI generated from trading fees. Specifically, approximately 32.5% of the trading fees collected on the platform contribute to GNS staking rewards. As such, users are greatly incentivized to share the platform with their friends to increase the total trading volume, which in turn increases the amount of trading fees collected and ultimately results in them receiving more rewards. You can also earn a higher percentage of staking rewards by staking up to three Gains NFTs in the GNS pool. The specific boost in percentage is based on the tier of NFT being staked. For example, a bronze NFT qualifies for a boost of 2%, and a Diamond NFT qualifies for a 13% boost.

 that serves as a conduit for trading activities. Traders who win receive their winnings from the gDAI Vault, and traders who lose send their losses to the vault. A portion of the trading fees for these transactions are stored in the vault. Users can stake their DAI tokens in this vault to be liquidity providers. They are then given gDAI tokens in exchange as a representation of the DAI tokens that they staked. By staking DAI tokens in the gDAI vault, users are rewarded with a share of the trading fees, which incentivizes them to continue staking their tokens in the vault. When users choose to withdraw their DAI tokens, the gDAI tokens are burned. 

When Gains Network was previously known as GFARM2, 1,500 NFTs were generated. These NFTs were split into five different tiers — Bronze (most common), Silver, Gold, Platinum and Diamond (rarest). While all holders of these NFTs have access to exclusive benefits, the tier of your NFT will determine the extent of the exclusivity. For example, all GNS NFT holders can enjoy reduced spread when trading, but those holding a Diamond NFT will enjoy a 35% reduction while those holding a Bronze NFT will only enjoy a 15% reduction. One of the most interesting benefits of holding GNS NFTs is that users can enjoy a bigger share of rewards when staking GNS tokens. 

With the unique gTrade architecture and features of Gains Network, users are able to take advantage of several key benefits. Collectively, these advantages could result in greater overall profitability for users compared to what they may achieve on other platforms. What are some of these benefits?

Traders can take advantage of up to 50x leveraging power on stocks, 150x leveraging power for crypto trades and 1,000x leveraging power on forex trades. This incredible leveraging power is supported by its decentralized vault, the native token’s multiple functions, gTrade architecture and its unique NFTs.

While leveraging enables traders to make larger trades and to potentially see larger gains, fees can impact the overall financial gain associated with using a specific platform. By operating on the Polygon chain, Gains Network is not subject to the exceptionally high gas fees that some other chains are known for. Because of this, users are able to see a greater net return.

While Gains Network is a true standout in the world of trading exchanges, it is not a perfect platform. Its developers are currently creating fixes for the known downsides of the platform to further elevate the user experience moving forward. 

Currently, Gains Network limits its users to having three open trades for each trading pair at a time. Because new orders cannot be placed and executed based on this limitation, some users may miss out on lucrative trading opportunities. However, this limit is set to be removed at some point in the future.

There are also some current structures in place that may further limit a user’s profitability. For example, Gains Network has a maximum limit on the open interest for each specific pair. In addition, there is a 900% winning cap on trade collateral.

Gains Network has evolved significantly since its launch a few years ago. This trading platform initially operated on Ethereum before migrating to the Polygon chain. Now, it is available via Polygon and Arbitrum. Looking forward, Gains Network 

 to introduce community governance through a DAO, and voting rights will be determined by the number of GNS tokens staked. Once the community DAO has been established, users will be able to contribute positively to the direction of future developments. Farther down the road, a casino may be developed as well. Gains Network also plans to remove its limit of three open trades for each trading pair so that traders can take full advantage of opportunities to make more profits.

The native token of Gains Network is GNS, which is a 

 utility token. This token supports the operation of the gTrade platform through its liquidity efficiency. The platform’s original token was GFARM2, which was established on Ethereum. Later, the platform transferred to the Polygon chain and the GNS token was introduced. 

The initial distribution of the token was allocated with 5% to the development fund and 5% to the governance fund. The token is used to mint rewards and to maintain the vault’s stability. When the vault is appropriately over-collateralized, GNS is burned. This prevents inflation related to NFT bot rewards and staking rewards. To date, roughly 20% of GNS tokens have been burned. The initial supply was 38.5 million tokens. There is a supply cap of 100 million tokens. However, a mechanism is used to ensure that the supply will never reach 100 million.

The current price of the Gains Network native token is $9.25 (as of Feb 20, 2023). The all-time high price was $12.48, which recently occurred on Feb 17, 2023. 

 believes that the price of GNS by the end of 2023 may fall to $8.96. By 2026, however, the price may rebound to $11.42. It may then reach $19.90 in 2028 and $34.68 in 2030. It may continue to increase at a rapid pace after that point. The price projection for 2032 is $60.43, and $105.29 in 2034. 

 is more bullish and predicts that GNS price will reach up to $17.31 at the end of 2023. It believes that GNS price will continue to increase to $54.82 in 2026 before doubling its prices every two years, growing to $121.79 in 2028, then $263.91 in 2030 and $566.90 in 2032.

GNS is available on multiple popular exchanges, including Bybit. Bybit is among the top exchanges today, and it has a hassle-free trading experience for its users. To get started with trading the 

 on Bybit, simply create a Bybit account and fund it with USDT.

With availability through Bybit and other exchanges, buying GNS is a hassle-free experience. With GNS, you can access many of the features and benefits that Gains Network offers. For example, you can stake your tokens for GNS rewards and obtain GNS NFTs on the secondary market for a boosted return on staked tokens. More than that, Gains Network’s gTrade gives you access to an incredible amount of leverage. This leverage can help you to optimize your profits from trading activities. With these factors in mind, using the Gains Network could be advantageous for many traders and investors.

More than that, the price of GNS is expected to increase dramatically over the next decade. A long-term hold of GNS tokens is another way for users to potentially benefit from exciting financial gains. Of course, as with any other cryptocurrency, we urge you to do your own research before choosing to invest. 

As a decentralized ecosystem complete with a decentralized leveraged trading platform, Gains Network is well-designed to facilitate trades of crypto assets and other common types of assets. With leverage of up to 1,000x available and low trading fees, users can potentially realize exciting gains through the use of this platform. This is the ideal time to experience the difference that Gains Network can make to your portfolio of crypto assets and other assets.

Gains Network (GNS): Boosting Gains with DeFi Leveraged Trading

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