gmx.io copyright Fundamentos Explicado
gmx.io copyright Fundamentos Explicado
Blog Article
GMX boasts several features that differentiate it from other decentralized exchanges, such as low swap fees, zero price impact trades, and Chainlink Oracles integration.
Although the GMX exchange went live on the Arbitrum blockchain network in September 2021, its prototype was completed as early as November 2020. Because GMX overcame many of the difficulties encountered when using decentralized exchange services, it was well received shortly after its launch and has been running on the Avalanche blockchain network since January 2022, with further expansion to other blockchains planned for the future.
Close positions, regardless of the amount of most of the price deviation, will not occur because there is pelo actual buying and selling, so there will be no problem of market price eating orders; professional traders can take advantage of This feature can be used by professional traders to do a better control of funds.
Additionally, 86% of the current circulating supply is staked on the platform showing investors’ trust in the project despite the bear market.
Since GLP stakers bear the risk of trades on the platform, 70% of platform fees are distributed to liquidity providers and the remaining 30% is given to GMX stakers.
These features primarily isolate risks among liquidity providers and incentivize arbitrageurs through varying fees to balance long and short positions. Trades that promote balance benefit from lower fees, favorable price impacts, pelo borrowing fees, and additional funding fee income.
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Unlike most DEXs which use multiple single-asset pools, GMX utilizes a single multi-asset pool to facilitate all of their trades. This multi-asset pool is known as GLP and consists of several large cap tokens and stablecoins.
Summary: Traders in highly regulated regions like the USA and China face increasing challenges in accessing copyright futures markets without identity verification.
This level provides full access to futures trading and get more info up to 150x leverage without any restrictions, making it ideal for traders who prioritize both privacy and high leverage.
Introducing funding fees determined by the open interest of long and short positions, facilitating balance between the two through arbitrage.
So why would traders still want to use the GMX protocol for trading? Because the market depth of GMX is excellent, and there are pelo slippage problems. Because the profit of trading is from the spread trading, using the order book trading or AMM liquidity pool trading will be due to a large amount of buying or selling to increase costs or reduce profits, but through the GLP liquidity pool to open.
The demand for privacy-focused trading solutions has led to the rise of no-KYC platforms, which provide a vital alternative for those seeking to maintain anonymity while trading futures contracts.
The protocol is able to provide dynamic pricing thanks to Chainlink Oracles, and aggregation of price data from exchanges with high volumes.