gmx.io copyright Fundamentos Explicado
gmx.io copyright Fundamentos Explicado
Blog Article
Many decentralized exchange aggregation protocols also favor 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.
From the social media and the GitHub public codebase, it is clear that this anonymous team is working hard on its development. While it’s impossible to rule out the possibility that the team disbanded and the project was abandoned, their ability to deliver products and introduce new features is evident to everyone and has earned them the trust of the copyright community and other projects.
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!
The profit from the closed position is taken out of the GLP liquidity pool. The profit from closing the position will be removed from the GLP liquidity pool, while the loss will be deducted from the margin.
1) GMX/ETH liquidity is provided and owned by the protocol, the fees from this trading pair will be converted to GLP and deposited into the floor price fund
GMX is founded by a completely anonymous team. However, it is known that the team has a here track record of two other successful protocol launches in XVIX and Gambit.
Leverage trading—the act of borrowing funds from financial platforms in order to increase one’s exposure to price movements—has become an essential part of the copyright ecosystem in recent years.
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 nodes. These systems are ensuring rapid and secure transaction processing on the GMX platform.
Among other things, it allows market participants to profit from price downturns, reduce risk in uncertain conditions, and bet big on an asset when they have conviction.
A: Derivative trading involves trading financial contracts that derive their value from an underlying asset, such 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.
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.
In contrast to traditional decentralized exchanges which use order books, GMX employs a different type of automated market maker (AMM) system. This system is backed by its native liquidity pool, GLP, which also serves to stabilize pricing through its integration with Chainlink oracles.
GMX is underpinned by using both Arbitrum and Avalanche networks. These blockchains enhance transaction efficiency and security. Arbitrum is leveraging Ethereum's layer-2 solutions for scalability, and Avalanche using a DAG-based consensus protocol for rapid transaction finality.
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.