Gains Network USDC (GUSDC)

Gains Network USDC (GUSDC) Price

This cryptocurrency is not listed for trading or services on Gate.

$1.290000
+$0.000020(0.00%)

Market Cap

--

24h High

$1.290000

24h Low

$1.290000

24h Turnover

$52.98

Total Supply

6.58M

Market Sentiment

Neutral

About Gains Network USDC (GUSDC)

gUSDC is one of the gains network's gToken vault assets . gToken vaults follow ERC-4626, a standard API for tokenized yield-bearing vaults that represent shares of a single underlying ERC-20 asset. For each vault, gToken shares represent the underlying token asset (I.e. gUSDC => USDC). Vaults serve as a counterparty to all trades made on the gTrade platform: When traders win (positive PnL), their winnings are received from the vault. When traders lose (negative PnL), their losses are sent to the vault. In exchange, the vault receives a portion of trading fees. These fees are proportionally split among gToken shares, incentivizing stakers to stay in the vault. The vault that earns fees, pays profits, receives losses, is determined by the collateral of each trade.

Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

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