Gains Network USDC
GUSDCProject Safety Score: 13%
Updated 19 hours, 7 minutes ago& Market
Credibility
Behavioral
Mechanics
Distribution
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 Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
