Como gmx.io copyright você pode economizar tempo, esforço e dinheiro.
Como gmx.io copyright você pode economizar tempo, esforço e dinheiro.
Blog Article
Since its inception, GMX has done well in volume growth and has managed to capture a fraction of dYdX’s pie. The average daily traded volume has surpassed USD $150M since the start of the year.
GMX is a decentralized perpetual exchange tailored for copyright futures trading. According to the protocol, it boasts minimal swap fees and zero price impact. It also offers traders the flexibility to leverage up to 50x on major cryptocurrencies like BTC, ETH, among others.
Additionally to this, you will also earn escrowed GMX (esGMX), which are "locked" GMX tokens. If you decide to "unlock" these esGMX tokens, they will fully vest over 365 days and turn into regular claimable GMX tokens.
Liquidity providers want high returns, and GMX opens the way to make this possible. As long as the market traders lose money, returns will increase. Liquidity providers do not want to take the risk of loss, GMX uses statistics to show that short-term losses will occur, but long-term profits are the inevitable result.
It is easy to see that the GMX protocol is very tempting for liquidity providers. They only need to deposit their copyright holdings to earn a return, and there are no infrequent losses.
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.
GMX tokens can be bridged between the Ethereum and Arbitrum networks. However, there is a 7-day waiting period when tokens will be not accessible during the bridging process.
GMX can be stored in a variety of digital wallets. These wallets offer a secure more info way to store GMX and other cryptocurrencies, and they often come with additional features such as encryption and backup options.
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.
One of the DEXs that have surged in popularity due to the shift towards decentralized trading solutions is GMX, with the platform seeing its total value locked (TVL) rise from $108M to 501M in 2022, with $90M of this increase in just the last month alone.
Envision a copyright exchange that expertly merges the advantages of both centralized and decentralized platforms, providing users with an unparalleled trading experience. Welcome to GMX.io, a rising star in the copyright sphere that has the potential to outshine its competitors during the next copyright bull run.
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 fast completion and zero price shock nature of GMX exchange assets make it ideal for high-volume OTC transactions. Still, the downside is that the GLP liquidity pool has a small selection of assets, which limits its potential for non-popular, long-tail assets.