Ajudar Os outros perceber as vantagens da copyright gmx.io
Ajudar Os outros perceber as vantagens da copyright gmx.io
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The fund grows thanks to fees accrued through the GMX/ETH liquidity pair; it’s also supported by OlympusDAO bonds.
In that case, suddenly, a large number of users in the market using USDC stablecoins to buy LINK tokens in stock, the number of LINK tokens in the GLP liquidity pool will decrease dramatically, and the increased utilization of funds will prompt the contract to go long. The funding rate of LINK will rise rapidly. In other words, the price impact of large transactions on the liquidity pool is still there, but the cost is passed on to traders as funding rates.
dYdX holds the distinction of being the first decentralized exchange to offer perpetual contracts. The latest version, V4, introduces a dedicated appchain built on the Cosmos SDK.
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 no impermanent loss.
Another drawback for DeFi futures is that the majority of the exotic pairs usually have very low volume and liquidity.
Successful traders are paid out by the liquidity pool, while unsuccessful traders payout to liquidity providers. This unique blend of DeFi and leverage trading services makes GMX an attractive option for derivatives traders.
Entenda como funciona a corretora descentralizada GMX e saiba como incluir este token no seu portfólio
With a unique method for incentivizing and bootstrapping liquidity more info on its exchange, GMX stands out from its competitors. This is done via the use of $GLP, the protocol’s liquidity provider token.
Este investidor de que adquire tokens GLP similarmente identicamente conjuntamente recebe taxas do acordo utilizando as transações alavancadas realizadas na DEX, além por ganhar tokens GMX de que podem vir a ser usados para este staking na própria rede.
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Introducing funding fees determined by the open interest of long and short positions, facilitating balance between the two through arbitrage.
GMX also supports perpetual contract trading with up to 30x leverage, zero spreads, and aggregated oracle quotes to help traders reduce liquidation risk, more accurately control positions, and predict gains and losses.
In the coming months, GMX is expected to launch several new features including synthetic assets and X4. Synthetic assets bring a brand new market to GMX, allowing any synthetic asset supported by Chainlink’s oracles to be traded.
The advantages of the GMX protocol model for users of exchange assets are apparent. Regarding transaction fee rates, GMX is the same as most other decentralized exchanges, around 0.3% of the total transaction amount. Still, regarding exchange rate stability, GMX outperforms almost all of its competitors in the market.