Orientações topo da copyright gmx.io
Orientações topo da copyright gmx.io
Blog Article
The multi-asset liquidity pool model is an innovative mechanism. How does GMX achieve zero spread trading, no impermanent losses, and a diverse source of income for liquidity providers? The following is a detailed description.
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.
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.
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.
copyright futures are financial contracts that allow traders to speculate on the future price of cryptocurrencies, without owning the underlying assets.
However, when GMX or esGMX is unstaked, a proportionate amount of Multiplier Points are burnt. This further incentivizes users to keep their GMX and esGMX tokens staked rather than selling them or unstaking.
On the surface, the GMX protocol fulfills the wishes of almost all liquidity providers: long-term, stable, low-risk, high-yielding gold flows. But the truth is less rosy than it seems because GLP liquidity pools are more than just deposits and lending like banks. Their excess returns well above the general market interest come from traders’ forfeited margin, and the increased risk taken is traders’ profit.
On the Arbitrum network, consensus is achieved through Ethereum's layer-2 solutions. On the other hand Avalanche employs a DAG-based protocol where transactions are validated through random polling among more info nodes. These systems are ensuring rapid and secure transaction processing on the GMX platform.
Therefore, GMX is well positioned to continue growing its platform with its low fees and fast transactions pivotal to user experience and stickiness. The upcoming X4 should provide opportunities for other projects to build on top of GMX, allowing it to increase the protocol’s reach and user base.
As GMX doesn’t yet handle billions of dollars of volume like its centralized counterparts, it’s currently a product best suited to small retail traders. Still, after rapid growth over recent months, GMX could soon attract the institutional market as more big players start to experiment with DeFi. With more room for growth ahead, it’s well worth keeping an eye on.
Introducing funding fees determined by the open interest of long and short positions, facilitating balance between the two through arbitrage.
The total number of coins that will ever be created for the copyright, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
* 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.
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