ApeX Protocol vs Gains Network Comparison
| 0.02% maker / 0.05% taker | Fees | 0.08% opening / 0.08% closing |
ApeX Protocol
vs
Gains Network
Pros & Cons
Pros
- No gas costs for users
- Perpetuals on equities, commodities and prediction markets too
- Around 90 crypto perpetuals, up to 100x leverage on BTC and ETH
- Operating since 2022 with no known loss of user funds
- Well-known backers
Cons
- Considerably lower volume than the market leaders
- Thinner order books in secondary markets
- No EU authorisation
- Support runs through community channels
Pros
- More than 270 pairs across crypto, forex, commodities and equities
- Forex and commodity trading without a conventional brokerage account
- Collateral in DAI, USDC or WETH
- Available on several chains
- Capital-efficient synthetic model
Cons
- Leverage up to 500x on crypto and 1000x on forex — barely manageable for retail traders
- Synthetic model with oracle dependence as a structural risk factor
- The counterparty is the protocol's liquidity vault
- No EU authorisation
Score Comparison
4.4Usability3.9
4.1Features4.4
4.3Fees3.9
4.2Stability4.0
3.5Support3.4
Features
- No gas costs
- Crypto, equity and commodity perpetuals in one interface
- Operating since 2022 without a known security incident
- Up to 100x leverage on the main markets
- Widest market list in this comparison
- Forex and commodities tradable on-chain
- Several chains and collateral types
- Synthetic model without custody of underlying assets
Details
ApeX ProtocolGains Network
| ApeX Protocol (by Bybit) | Company | Gains Network |
| Singapore | Headquarters | Decentralised, no registered office |