New Passo a Passo Mapa Para copyright gmx.io
New Passo a Passo Mapa Para copyright gmx.io
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30% of the fees collected from swaps and leverage trading conducted on the platform are converted to either ETH or AVAX and distributed to GMX stakers.
GMX also supports perpetual contract trading with up to 30x leverage, zero spreads, and aggregated oracle quotes to help traders reduce liquidation risk, more accurately control positions, and predict gains and losses.
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.
Moreover, GMX has its own utility and governance token, which accrues 30% of the platform’s generated fees. By utilizing Chainlink Oracles to aggregate price feeds from high-volume exchanges, GMX ensures accurate and reliable pricing information.
The launch of GMX V2 further solidified GMX’s position in the decentralized exchange sector, attracting more users and liquidity.
One of the key features of GMX is its scalability. The GMX blockchain is designed to handle a high volume of transactions without compromising on speed or efficiency.
GMX is built on the Arbitrum, and Avalanche GMX provides trading services for spot and perpetual contracts on the chain. GMX supports up to 30x leverage, and users can enjoy low transaction fees and near-zero spreads.
All copyright holders contribute to the total liquidity, whereas speculative traders and users with a net demand for buying and selling are responsible for most of the website trading activity. However, there is often friction between the wants and demands of those who offer liquidity and those who buy and sell transactions.
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.io.
Image Credit: @crypto_noodles A study by Twitter user @crypto_noodles found that retail traders accounted for 31.5% of ETH perpetual volume on the protocol — the highest of all DeFi perpetual protocols analyzed likely due to the concentrated liquidity.
GLP’s price is contingent on the price of its underlying assets, as well as the exposure GMX users have toward the market. Most notably, GLP suffers when GMX traders short the market and the price of pool assets also decreases.
The GMX protocol meets the needs of both liquidity providers and traders through GLP liquidity pools and GLP tokens. The GLP liquidity pool is a multi-asset liquidity pool consisting of many different cryptocurrencies.
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.io.
Many decentralized exchange aggregation protocols also benefício the zero transaction spread of the GMX protocol. Yield YAK, a revenue aggregation protocol on the Avalanche blockchain network, has more than 35% of its trading volume done through the GLP liquidity pool.