Gains Network vs Paradex Comparison
| 0.08% opening / 0.08% closing | Fees | 0% for retail; pro/API 0.002% / 0.02% |
Gains Network
vs
ParadexWinner
Pros & Cons
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
Pros
- Fee-free trading for retail across 100+ markets
- Dedicated appchain with CEX-grade execution
- Privacy perpetuals with position data not openly visible
- Self-custody
- Clearly separated fee model for professional and API accounts
Cons
- No EU authorisation
- Smaller market selection than the largest competitors
- Support runs through community channels
- Tax reporting rests entirely with the user
Score Comparison
3.9Usability4.7
4.4Features4.4
3.9Fees4.9
4.0Stability4.3
3.4Support3.6
Features
- Widest market list in this comparison
- Forex and commodities tradable on-chain
- Several chains and collateral types
- Synthetic model without custody of underlying assets
- Fee-free for retail users
- Dedicated Starknet appchain
- Privacy perpetuals
- Own token DIME since March 2026
Details
Gains NetworkParadex
| Gains Network | Company | Paradigm / Paradex |
| Decentralised, no registered office | Headquarters | United States |