Indicadores sobre gmx.io copyright Você Deve Saber
Indicadores sobre gmx.io copyright Você Deve Saber
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GMX does not use an order book to create a trading market or AMM to make quotes, so theoretically, there is no slippage. As long as liquidity is in the liquidity pool, orders of any size can be absorbed instantly without impacting the market price.
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.
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With approximately 80% of GLP revenue coming from margin trading, this indicates that GMX’s profitability is the result of a sizable number of retail traders.
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.
However, GLP holders stand to profit when GMX traders go short and prices rise, GMX traders go long and prices decrease, and GMX traders go long and prices rise.
Thus, a GLP liquidity pool is more appropriately described as a casino rather than a bank that provides deposits and loans. The copyright assets deposited into the GLP liquidity pool are chips placed on the gambling table, the holder of the GLP token is the dealer, and the trader is the gambler.
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.
GMX é uma Muito boa plataforma utilizando produtos surpreendentes adequados de modo a pessoas qual querem negociar em plataformas descentralizadas com uma alavancagem até 30x.
One of the DEXs that have surged in popularity due to the shift towards decentralized gmx copyright exchange 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.
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.
The perpetual futures market space is colossal. Just think of how many degens there are out there, even in a bear market, trying to leverage their way to riches.
With the protocol upgrade, users and liquidity providers should pay attention to the changes brought by the new version, including new terms of use, risk factors, and how to adapt to these changes to maximize benefits.
GMX is a relatively new token that poses a higher than normal risk, and as such will likely be subject to high price volatility.