Secrets copyright gmx.io Top
Secrets copyright gmx.io Top
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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.
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
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This shows that the appetite for derivatives products such as perpetual remains strong despite the sour outlook of the current market.
1) GMX/ETH liquidity is provided and owned by the protocol, the fees from this trading pair will be converted to GLP and deposited into the floor price fund
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.
The GMX token serves as a utility and governance token. It enables staking, fee payments, and participation in DAO governance within the GMX decentralized exchange platform. The live price of GMX is updated and available in real time on copyright.
While Jupiter offers up to 100x leverage, Drift stands out by click here providing more diverse trading opportunities with maximum leverage of 20x.
Changing the borrowing fee structure to only charge the side (long or short) with greater open interest, instead of charging both sides.
A primeira cadeia a lançar contratos inteligentes foi o Ethereum. 1 contrato inteligente possibilita que múltiplos scripts interajam entre si usando regras claramente definidas, de modo a executar tarefas que podem vir a se tornar uma ESTILO codificada do 1 contrato.
GMX is operating on the Arbitrum and Avalanche blockchains. The integration is made possible through the cross-chain bridge called Synapse. This solution is enhancing the platform's connectivity and efficiency.
Changing the borrowing fee structure to only charge the side (long or short) with greater open interest, instead of charging both sides.
Additionally, V2 has strengthened risk management tools, providing users with more protective measures to cope with market fluctuations. These updates indicate GMX’s ongoing efforts to boost the platform’s competitiveness and deliver better services to its users.
The goal of a liquidity provider is to passively deposit assets to earn income without the need for complex operations, which GMX does very well because GLP liquidity pools are used in a way that is not much different from depositing in a bank account. Liquidity providers are wary of erratic losses, which GMX also addresses, as GLP liquidity pools are single-asset deposits and withdrawals that do not convert the deposited assets into other assets due to price fluctuations.