GMXIO COPYRIGHT - UMA VISãO GERAL

gmxio copyright - Uma visão geral

gmxio copyright - Uma visão geral

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GMX (GMX) is a revolutionary copyright that aims to redefine the digital asset landscape with its unique features and innovative technology. Designed to offer a seamless and efficient transaction experience, GMX is built on a robust blockchain infrastructure that ensures security, privacy, and scalability.

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.

The trading fees will be paid to you in AVAX / ETH + esGMX which you can either claim or compound to receive even more GMX dividends in the future!

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 pelo impermanent loss.

Another drawback for DeFi futures is that the majority of the exotic pairs usually have very low volume and liquidity.

Liquidity providers can deposit single copyright to obtain GLP tokens or redeem previously deposited copyright with GLP tokens. GLP liquidity pools are immune to impermanent loss problems because the quantitative rule constraints of algorithmic quotes do not constrain them.

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.

With a unique method for incentivizing and bootstrapping liquidity on its exchange, GMX stands out from its competitors. This is done via the use of $GLP, the protocol’s liquidity provider token.

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Image Credit: @crypto_noodles A study by Twitter user @crypto_noodles found that retail traders accounted gmx copyright exchange for 31.5% of ETH perpetual volume on the protocol — the highest of all DeFi perpetual protocols analyzed likely due to the concentrated liquidity.

Each time a trade is made, the gambler puts his margin chips on the table to guess the ups and downs, and the dealer charges an opening fee to play with him.

In addition, its dynamic pricing is supported by Chainlink Oracles and an aggregate of prices from leading volume exchanges. As of now, there are two tokens in the GMX.io ecosystem:

This allows users to leverage up to 50x on their trades and tap into a multi-asset GLP pool worth more than $603 million.

As long as there is liquidity in the pool, the exchange will complete the transaction without the risk of not finding a counterparty to match and being unable to trade.

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