Indicadores sobre gmx.io copyright Você Deve Saber
Indicadores sobre gmx.io copyright Você Deve Saber
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Although GMX V1 provided a relatively comprehensive on-chain derivatives solution and became the largest on-chain derivatives market by TVL, it had several user experience issues. These included high trading fees, potentially high borrowing costs for both long and short positions leading to high holding costs, significant skew in long and short positions causing losses for GLP holders, and the risk of a single asset causing losses for all GLP holders.
GMX has improved the traditional Automated Market Maker (AMM) model by adopting a unique multi-asset liquidity pool model. This model allows users to deposit specified copyright assets into the liquidity pool and thus become liquidity providers.
This advantage is even more pronounced when large transactions are needed and decentralized exchanges such as 1inch have integrated GLP. Other decentralized exchanges, such as 1inch, also integrate liquidity from GLP liquidity pools. Yield YAK offers income products supporting GLP and GMX, and the profits earned are automatically reinvested.
According to the GMX.io Official Documentation, the forecasted maximum supply is 13.25 million GMX tokens. GMX.io team can also increase its maximum supply. But the GMX.io team will only use this option if more products are launched and liquidity mining is required.
The launch of GMX V2 further solidified GMX’s position in the decentralized exchange sector, attracting more users 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.
Don’t miss our comprehensive article on DeFi perpetual exchanges and their significant impact on the forthcoming bull market in the copyright space.
Polymarket is a leading decentralized prediction market based on Polygon, and recently garnered attention as the US Presidential election race heats up.
GMX supports a selection of 21 assets and offers high leverage of up to 100x, beneficial to traders looking for higher-risk plays. Additionally, the platform rewards users through staking and liquidity provision, making it a popular choice for earning DeFi yield.
A: Derivative trading involves trading financial contracts that derive their value from an underlying asset, such read more as cryptocurrencies, stocks, or commodities. Traders speculate on the future price movements of these assets, taking either long or short positions based on their predictions.
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 pelo infrequent losses.
There needs to be a reduction in transaction costs to get more people willing to trade, which creates a positive cycle where more fees and revenues attract more liquidity.
With its permissionless accessibility and leveraged trading offering, GMX combines the experience of both decentralized and centralized exchanges, showing that DeFi protocols are still breaking new ground every day. The protocol’s trading volume has more than tripled in the past two months and now ranges between $290 million and $150 million daily, indicating growing interest among copyright natives.
Even as GMX takes the lead in the spot and perpetuals DEX space, the GMX team continues to build and develop new features for the platform.