{
  "schemaVersion": 1,
  "id": "gtrade-vs-veranta",
  "version": "1.2.0",
  "name": "gTrade vs Veranta (formerly Avantis)",
  "reviewedAt": "2026-10-22",
  "reviewIntervalDays": 14,
  "evidenceType": "documentation_comparison",
  "liveTested": false,
  "summary": "Compare documented conditions without declaring a winner. Both snapshots describe USDC on Base, but Veranta fee sources conflict and neither brief measures comparable live execution or permission safety.",
  "scope": "Comparison compiled from gTrade 1.1.0 and Veranta 1.1.0, each reviewed on 22 October. Uses their exact dated evidence; no new gTrade review, live quote, execution test or ranking. The earliest underlying review deadline is 5 November.",
  "sources": [],
  "networks": [
    {
      "id": "base",
      "name": "Base (shared deployment)",
      "collaterals": [
        "USDC"
      ],
      "sourceId": "both-briefs"
    }
  ],
  "illustration": null,
  "rows": [
    {
      "id": "collateral",
      "label": "Base collateral",
      "gtrade": "USDC and BtcUSD are listed for Base.",
      "veranta": "USDC margin is described for the Base protocol.",
      "gtradeSources": [
        "collateral"
      ],
      "verantaSources": [
        "collateral",
        "terms"
      ],
      "meaning": "USDC is a documented overlap. Other networks or token funding routes are outside this shared-deployment lens."
    },
    {
      "id": "costs",
      "label": "Cost structure",
      "gtrade": "The reviewed fee guide covers opening/closing fees, spread, price impact and funding/borrowing.",
      "veranta": "The reviewed detail pages conflict on maker-rate amounts and labels and on Upside borrowing; RWA growth-mode commission and profit sharing are distinct from total cost.",
      "gtradeSources": [
        "fees"
      ],
      "verantaSources": [
        "fees",
        "maker-taker",
        "upside-mechanics",
        "profit-sharing"
      ],
      "meaning": "No cheapest-venue conclusion. Compare the same asset, mode, size, direction, time and holding period before measuring costs."
    },
    {
      "id": "execution",
      "label": "Execution evidence",
      "gtrade": "No live execution test in the DN snapshot.",
      "veranta": "Oracle and RFQ descriptions are provider claims; Korean-equity details include confirmation placeholders. No independent DN performance test.",
      "gtradeSources": [],
      "verantaSources": [
        "execution"
      ],
      "meaning": "Neither platform receives a fill-quality, latency or stop-loss score."
    },
    {
      "id": "authority",
      "label": "Permissions",
      "gtrade": "No live permission audit in this brief.",
      "veranta": "Session expiry and revocation are documented; live delegated authority and revocation behaviour remain untested.",
      "gtradeSources": [],
      "verantaSources": [
        "permissions"
      ],
      "meaning": "Do not infer comparable security from wallet-based access or gas sponsorship."
    },
    {
      "id": "access",
      "label": "Eligibility evidence",
      "gtrade": "Individual eligibility was not assessed in this snapshot.",
      "veranta": "Reviewed terms include U.S.-person and restricted-person exclusions; other conditions apply.",
      "gtradeSources": [],
      "verantaSources": [
        "terms"
      ],
      "meaning": "Evidence coverage is asymmetric. An unknown is not permission to use a platform."
    }
  ],
  "unknowns": [
    "Comparable live quotes and total holding costs",
    "Comparable execution and withdrawal observations",
    "Individual eligibility and safe permission settings"
  ],
  "history": [
    {
      "date": "2026-10-22",
      "type": "DN evidence revision",
      "detail": "Pinned Veranta 1.1.0 and retained gTrade 1.1.0. Comparison rows now reflect the detailed fee conflicts, documented session controls and unverified execution arrangements. Both underlying reviews are due 5 November."
    },
    {
      "date": "2026-10-22",
      "type": "DN evidence revision",
      "detail": "Pinned gTrade 1.1.0. Base collateral overlap is unchanged. Veranta 1.0.0 and its source-access follow-up retain their original dates; no complete Veranta refresh is claimed."
    },
    {
      "date": "2026-10-14",
      "type": "DN publication",
      "detail": "Initial comparison pinned to gTrade 1.0.0 and Veranta 1.0.0. Provider claims and DN measurement gaps remain separate."
    }
  ],
  "reviewTriggers": [
    "Either underlying brief receives a new version",
    "Changed documentation or substantiated correction",
    "The earliest underlying review deadline"
  ],
  "disclosure": "DN has referral relationships or entries for these platforms. This comparison has no partner CTAs, payout-based ordering or overall winner.",
  "evidenceSnapshots": {
    "gtrade": {
      "schemaVersion": 1,
      "id": "gtrade",
      "version": "1.1.0",
      "name": "gTrade",
      "reviewedAt": "2026-10-22",
      "reviewIntervalDays": 14,
      "reviewer": "Decentralised News editorial research",
      "evidenceType": "provider_documentation",
      "liveTested": false,
      "summary": "DAI is documented as close-only on Arbitrum and Polygon. New-position collateral varies by network; Arbitrum also lists GNS. Verify the deployment and full cost breakdown.",
      "scope": "A dated review of two provider documentation pages. No wallet connection, live execution test, independent contract audit or eligibility assessment.",
      "sources": [
        {
          "id": "collateral",
          "name": "Gains: Trade Collaterals",
          "url": "https://docs.gains.trade/gtrade-leveraged-trading/trade-collaterals",
          "reviewedAt": "2026-10-22"
        },
        {
          "id": "fees",
          "name": "Gains: Fees & Spread",
          "url": "https://docs.gains.trade/gtrade-leveraged-trading/fees-and-spread",
          "reviewedAt": "2026-10-22"
        }
      ],
      "networks": [
        {
          "id": "arbitrum",
          "name": "Arbitrum",
          "collaterals": [
            "USDC",
            "WETH",
            "GNS"
          ],
          "sourceId": "collateral"
        },
        {
          "id": "polygon",
          "name": "Polygon",
          "collaterals": [
            "USDC",
            "WETH"
          ],
          "sourceId": "collateral"
        },
        {
          "id": "base",
          "name": "Base",
          "collaterals": [
            "USDC",
            "BtcUSD"
          ],
          "sourceId": "collateral"
        },
        {
          "id": "megaeth",
          "name": "MegaETH",
          "collaterals": [
            "USDm"
          ],
          "sourceId": "collateral"
        }
      ],
      "claims": [
        {
          "id": "collateral",
          "question": "Has USDC replaced DAI?",
          "label": "Provider-reported",
          "finding": "The current documentation permits closing existing DAI positions but no new DAI trades on Arbitrum or Polygon. It does not measure collateral usage shares.",
          "consequence": "Distinguish close-only balances from collateral available for opening positions.",
          "sourceIds": [
            "collateral"
          ]
        },
        {
          "id": "holding",
          "question": "Are opening and closing fees the whole cost?",
          "label": "Provider-reported",
          "finding": "The fee guide also describes spread, price impact and holding fees. Funding may be paid or received; borrowing is a separate charge.",
          "consequence": "Inspect the order breakdown and holding rate; entry fees alone are incomplete.",
          "sourceIds": [
            "fees"
          ]
        },
        {
          "id": "solana",
          "question": "Does this cover Gains Solana?",
          "label": "Provider-reported",
          "finding": "Solana is identified as a separate deployment.",
          "consequence": "Do not apply this network table or fee illustration to Solana.",
          "sourceIds": [
            "collateral"
          ]
        },
        {
          "id": "eligibility",
          "question": "Can I use it from my country?",
          "label": "Unknown",
          "finding": "This brief does not assess legal access, account eligibility or suitability.",
          "consequence": "Check current product terms and local requirements independently.",
          "sourceIds": []
        }
      ],
      "illustration": {
        "label": "BTC/USD or ETH/USD documentation example",
        "notional": 10000,
        "unit": "USDC",
        "openingFeePercent": 0.035,
        "closingFeePercent": 0.035,
        "fixedSpreadPercentPerSide": 0.005,
        "sourceId": "fees",
        "assumption": "Equal 10,000 USDC notional on entry and exit; listed base rates; no fee discounts or closing-fee decay. Spread is converted to an approximate notional cost.",
        "exclusions": [
          "Funding and borrowing",
          "Additional price impact and execution differences",
          "Gas, funding and withdrawal costs",
          "Changes in position value or collateral value"
        ],
        "limitation": "An educational partial-cost illustration, not a live quote, total cost, executable order or prediction. Actual protocol accounting can differ. It is not applied to Solana."
      },
      "unknowns": [
        "Live execution quality and withdrawal performance",
        "Current collateral usage shares",
        "User-specific eligibility and available order parameters"
      ],
      "history": [
        {
          "date": "2026-10-22",
          "type": "DN evidence revision",
          "detail": "Rechecked both cited sources; corrected collateral availability and retained the BTC/ETH partial-cost illustration. The provider change date is not established. Version 1.0.0 remains archived."
        },
        {
          "date": "2026-10-14",
          "type": "DN publication",
          "detail": "Initial evidence brief. Rechecked the collateral and fees documentation. This date records our review, not the date the provider changed its product."
        },
        {
          "date": "2026-10-13",
          "type": "DN editorial correction",
          "detail": "Prepared corrections to older DN gTrade coverage and the owner-supplied referral destination; the frontend update was published on 14 October. No provider-change date is asserted."
        }
      ],
      "reviewTriggers": [
        "Collateral or fee documentation changes",
        "A substantiated reader correction",
        "The 14-day editorial review deadline"
      ],
      "disclosure": "DN has a gTrade referral relationship. Commercial compensation is not evidence of quality. This brief contains no partner CTA and makes no operational-status or eligibility recommendation."
    },
    "veranta": {
      "schemaVersion": 1,
      "id": "veranta",
      "version": "1.1.0",
      "name": "Veranta (formerly Avantis)",
      "reviewedAt": "2026-10-22",
      "reviewIntervalDays": 14,
      "reviewer": "Decentralised News editorial research",
      "evidenceType": "provider_documentation",
      "liveTested": false,
      "summary": "Veranta documents USDC margin on Base and session-based trading permissions. Its fee pages disagree on maker rates and Upside borrowing costs. Treat zero-commission claims as product-specific; no definitive total-cost comparison or live security assessment is established.",
      "scope": "Review of all six brief claims against nine current official sources retrieved through web search and page retrieval. Original overview and blog references are replaced by specific product pages. No live trading, wallet-signing, revocation, payout or eligibility test; the profit-sharing tier graphic was not verified.",
      "sources": [
        {
          "id": "identity",
          "name": "Official developer organisation: formerly Avantis",
          "url": "https://github.com/Avantis-Labs",
          "reviewedAt": "2026-10-22"
        },
        {
          "id": "collateral",
          "name": "Collateral and position sizing",
          "url": "https://docs.veranta.xyz/trading/getting-started/collateral-and-position-sizing",
          "reviewedAt": "2026-10-22"
        },
        {
          "id": "fees",
          "name": "Fee schedule by asset class",
          "url": "https://docs.veranta.xyz/trading/fees/fee-schedule-by-asset-class",
          "reviewedAt": "2026-10-22"
        },
        {
          "id": "maker-taker",
          "name": "Maker and taker",
          "url": "https://docs.veranta.xyz/trading/fees/maker-and-taker",
          "reviewedAt": "2026-10-22"
        },
        {
          "id": "upside-mechanics",
          "name": "Upside mechanics",
          "url": "https://docs.veranta.xyz/trading/upside-perps/mechanics",
          "reviewedAt": "2026-10-22"
        },
        {
          "id": "profit-sharing",
          "name": "Upside profit sharing",
          "url": "https://docs.veranta.xyz/trading/upside-perps/profit-sharing",
          "reviewedAt": "2026-10-22"
        },
        {
          "id": "permissions",
          "name": "Gasless and one-click trading",
          "url": "https://docs.veranta.xyz/trading/getting-started/gasless-trading-and-one-click-trading.",
          "reviewedAt": "2026-10-22"
        },
        {
          "id": "execution",
          "name": "Execution and pricing",
          "url": "https://docs.veranta.xyz/trading/execution-and-pricing",
          "reviewedAt": "2026-10-22"
        },
        {
          "id": "terms",
          "name": "Terms of Service, revised September 2026",
          "url": "https://www.veranta.xyz/docs/tos",
          "reviewedAt": "2026-10-22"
        }
      ],
      "networks": [
        {
          "id": "base",
          "name": "Base",
          "collaterals": [
            "USDC"
          ],
          "sourceId": "collateral"
        }
      ],
      "claims": [
        {
          "id": "identity",
          "question": "Is this still Avantis?",
          "label": "Provider-reported",
          "finding": "The official developer organisation identifies Veranta as formerly Avantis and links to the Veranta website and documentation. This review does not date the rebrand or establish equivalence between old and current product instructions.",
          "consequence": "Use the current name and documentation; do not assume older instructions still describe the product.",
          "sourceIds": [
            "identity"
          ]
        },
        {
          "id": "collateral",
          "question": "Which network and margin asset are described?",
          "label": "Provider-reported",
          "finding": "The collateral page describes USDC margin and isolated positions. The terms identify Base as the protocol network. These are provider statements, not tests of deployed collateral or loss boundaries.",
          "consequence": "Confirm the selected network, token and deposit route before moving assets. This does not establish every supported funding method.",
          "sourceIds": [
            "collateral",
            "terms"
          ]
        },
        {
          "id": "fees",
          "question": "Does zero commission mean zero total cost?",
          "label": "Documentation conflict",
          "finding": "The fee schedule prose assigns 4.5 bps to takers and 1 bp to makers; its table reverses the labels. The maker/taker page instead lists 0.001% (0.1 bp) for makers. The schedule includes borrowing for Upside, while Upside mechanics says no borrowing and describes trader-to-trader funding. RWA commission is described as zero during growth mode, with spread and holding costs. Profit-sharing text describes retaining 75–95%, depending on ROI; the tier graphic and live payout calculation were not verified.",
          "consequence": "Do not use these conflicting figures as a definitive fee quote. Check the exact product and order breakdown, including funding, spread and profit share. DN has not established a cheapest venue or a complete numerical schedule.",
          "sourceIds": [
            "fees",
            "maker-taker",
            "upside-mechanics",
            "profit-sharing"
          ]
        },
        {
          "id": "execution",
          "question": "Has DN verified execution quality?",
          "label": "Not measured",
          "finding": "The current page describes oracle-based pricing, spreads and RWA request-for-quote execution. It also retains unfilled confirmation placeholders for Korean-equity spread and price-check arrangements. Provider examples are not independent DN fill or latency measurements.",
          "consequence": "No measured fill-quality, latency, withdrawal or stop-loss ranking is supported here.",
          "sourceIds": [
            "execution"
          ]
        },
        {
          "id": "permissions",
          "question": "What authority does one-click trading require?",
          "label": "Provider-reported",
          "finding": "The detailed page describes session signers with user-selected expiry and revocation. EVM-wallet gas sponsorship requires Smart Wallet mode; ordinary transactions without that mode pay gas. DN did not inspect live signing requests or test expiry and revocation.",
          "consequence": "Read the exact session authority and wallet mode before signing, and verify revocation independently. Documented controls do not establish deployed safety.",
          "sourceIds": [
            "permissions"
          ]
        },
        {
          "id": "access",
          "question": "Does wallet access establish eligibility?",
          "label": "Provider-reported",
          "finding": "The reviewed terms exclude defined U.S. persons and restricted persons and require users to meet age and other conditions.",
          "consequence": "Read the complete current terms. Absence from these examples is not confirmation of eligibility or local legal compliance.",
          "sourceIds": [
            "terms"
          ]
        }
      ],
      "illustration": null,
      "unknowns": [
        "Definitive maker/taker rate mapping and current pair-specific costs",
        "Consistent Upside borrowing treatment and verified profit-sharing tier calculation",
        "Live permission scope, expiry enforcement and revocation behaviour",
        "Korean-equity execution details left as confirmation placeholders by the provider",
        "Live execution, stop-loss and withdrawal performance",
        "Individual legal access and suitability"
      ],
      "accessGaps": [],
      "history": [
        {
          "date": "2026-10-22",
          "type": "DN evidence revision",
          "detail": "Re-reviewed all six claims with nine official sources. Incorporated the previously accessed detail pages, recorded the additional maker-rate unit discrepancy and execution-page placeholders, and retained live-test limitations. Historical 1.0.0 and its 15 October follow-up remain unchanged."
        },
        {
          "date": "2026-10-14",
          "type": "DN publication",
          "detail": "Initial Veranta brief with Avantis alias. Verified the identity using provider sources; recorded detail-page access gaps. This is the DN review date, not the rebrand announcement date."
        }
      ],
      "reviewTriggers": [
        "A reconciled fee schedule or corrected execution documentation",
        "Changed collateral, session-permission or access terms",
        "A substantiated correction",
        "The 14-day review deadline"
      ],
      "disclosure": "DN has an existing Avantis referral entry. Its applicability after the rebrand has not been verified in this brief. No new referral destination or active partner CTA is supplied. Compensation has no role in the evidence labels."
    }
  }
}