A regra de 2 minutos para gmx copyright exchange
A regra de 2 minutos para gmx copyright exchange
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30% of the fees collected from swaps and leverage trading conducted on the platform are converted to either ETH or AVAX and distributed to GMX stakers.
A: GMX tokens can be purchased on decentralized exchanges like Uniswap or Sushiswap, as well as on the GMX platform itself.
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Users can add liquidity by minting GLP, and in return, they receive 70% of all fees generated on the corresponding blockchain. Unlike some liquidity pools, GLP experiences pelo impermanent loss.
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, no borrowing fees, and additional funding fee income.
Leverage trading—the act of borrowing funds from financial platforms in order to increase one’s exposure to price movements—has become an essential part of the copyright ecosystem in recent years.
In terms of perpetual contracts, the GLP liquidity pool works interestingly, a bit like an AAVE type of lending agreement, where the trader deposits a portion of the assets in the GLP liquidity pool as margin, then lends a higher value asset from the GLP liquidity pool to bet against the GLP liquidity pool, paying a percentage of interest every hour before the margin is liquidated or the asset is returned.
Close positions, regardless of the amount of most of the price deviation, will not occur because there is no actual buying and selling, so there will more info 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.
Image Credit: @crypto_noodles A study by Twitter user @crypto_noodles found that retail traders accounted for 31.5% of ETH perpetual volume on the protocol — the highest of all DeFi perpetual protocols analyzed likely due to the concentrated liquidity.
GMX is a decentralized exchange (DEX) for trading perpetual copyright futures with up to 50X leverage on popular cryptocurrencies like BTC, ETH and more.
When the ratio of the Floor Price Fund to the Perfeito amount of GMX in circulation is lower than the market price of GMX, it will buy back and destroy the GMX in circulation so that the price cannot fall further.
The broader trend in copyright trading also shows a shift towards onchain solutions, with decentralized exchanges increasingly becoming the preferred choice for privacy-focused traders.
GMX innovatively redefines liquidity pools, allowing users to exchange assets at a low cost and without price slippage, even for large transactions. For liquidity providers, GLP liquidity pools are not plagued by impermanent losses. They can add and redeem liquidity with a single asset and earn various revenues, such as transaction fees, funding rates, and liquidation fees.