According to Foresight News, data from Dune shows that the on-chain derivatives protocol Gains Network's gDAI collateral reserves have reached $5 million, marking a growth of approximately 25% in nearly half a month and setting a new high for the year.
The significant increase in gDAI collateral reserves demonstrates the growing popularity and adoption of the Gains Network's on-chain derivatives protocol. This growth is expected to continue as more users and investors become aware of the potential benefits and opportunities offered by the platform.