Gains Network vs Vertex Protocol Comparison
| 0.08% opening / 0.08% closing | Fees | 0.02% maker / 0.05% taker |
Gains NetworkWinner
vs
Vertex Protocol
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
- Cross-margin across spot and perpetual positions
- Competitive fees of roughly 0.02% maker / 0.05% taker
- Migration onto a Kraken-incubated layer 2
- Product direction retained according to the provider
Cons
- Existing network deployments are being deprecated
- The VRTX token is being wound down
- Migration not complete at the time of review
- Considerably lower liquidity than the market leaders
- No EU authorisation
Score Comparison
3.9Usability3.9
4.4Features3.6
3.9Fees4.0
4.0Stability3.0
3.4Support3.2
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
- Rebuild onto the Ink layer 2 underway
- Cross-margin model
- Existing EVM deployments deprecated
- Token wind-down announced
Details
Gains NetworkVertex Protocol
| Gains Network | Company | Vertex Protocol |
| Decentralised, no registered office | Headquarters | USA |