copyright gmx.io - Uma visão geral
copyright gmx.io - Uma visão geral
Blog Article
The GMX token serves as both a utility and governance token within the platform. It accrues 30% of the platform’s generated fees, which include market making, swap fees, and leverage trading.
As the protocol itself serves as the counterparty, there’s minimal price impact when entering and exiting trades. GMX claims it can execute large trades exactly at mark price depending on the depth of the liquidity in its trading pool.
GMX launched its first version, V1, on Arbitrum in September 2021. V1 employed a unique exchange model that allowed users to trade without the need to provide liquidity.
$GMX is the protocol’s utility and governance token. $GMX has a forecasted maximum supply of 13.25 million tokens, which can be increased if there are more products launching and liquidity mining is required. But that will be subjected to a governance vote before any changes.
copyright futures are financial contracts that allow traders to speculate on the future price of cryptocurrencies, without owning the underlying assets.
As you can see, the GLP liquidity provider is in a betting relationship with the trader, and when the trader wins, the GLP liquidity pool shrinks. Conversely, when a trader loses money, the GLP liquidity pool grows.
Don’t miss our comprehensive article on DeFi perpetual exchanges and their significant impact on the forthcoming bull market in the copyright space.
The percentage of copyright customers who increased or decreased their net position in BTC over the past 24 hours through trading.
GMX is a decentralized spot and perpetual exchange that allows users to trade popular cryptocurrencies directly from their copyright wallets. Launched in 2021, GMX is available on both Arbitrum and Avalanche networks, making it easily accessible for traders looking for a secure and check here efficient trading platform.
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.
By delving into GMX tokenomics, traders and DeFi enthusiasts can gain a better understanding of the dual-token ecosystem that powers this innovative derivatives trading platform.
GMX can be purchased on several major copyright exchanges. Users can buy GMX with other cryptocurrencies or with fiat currencies, depending on the exchange.
This allows users to leverage up to 50x on their trades and tap into a multi-asset GLP pool worth more than $603 million.
Almost all centralized exchanges now require KYC as a standard practice. Recent examples from 2024 include copyright and BingX, both of which have implemented stricter KYC protocols, receiving mixed reactions from users on forums like Reddit.