The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.

In centralized exchanges (CEXs), these futures often come with more trading pairs and higher leverage, but they require users to trust the exchange's custody and operational integrity.

The dealer always hopes that a gambler’s error in judgment will result in a margin forfeit, even if the opening desk fee and hourly interest income mitigate the occasional lucky win.

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.

These features primarily isolate risks among liquidity providers and incentivize arbitrageurs through varying fees to balance long and short positions. Trades that promote balance benefit from lower fees, favorable price impacts, pelo borrowing fees, and additional funding fee income.

Since the GMX protocol is an aggregated quote from multiple exchanges, there is no slippage when trading on GMX, making it ideal for handling large orders. The issue of impermanent losses is also addressed by aggregated quotations, as the assets of liquidity providers placed into the GLP liquidity pool are not converted to other cryptocurrencies with read more reduced value due to price changes.

Don’t miss our comprehensive article on DeFi perpetual exchanges and their significant impact on the forthcoming bull market in the copyright space.

GMX is a decentralized exchange built on Avalanche and Arbitrum. It lets DeFi users trade with up to 30x leverage in a permissionless manner. GMX offers a smooth user experience that's perfectly suited to retail DeFi traders. Share this article

GMX é uma Perfeito plataforma usando suplementos surpreendentes adequados para pessoas de que querem negociar em plataformas descentralizadas com uma alavancagem até 30x.

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.

GMX is a decentralized exchange (DEX) for trading perpetual copyright futures with up to 50X leverage on popular cryptocurrencies like BTC, ETH and more.

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.

GMX generates revenue through swap fees, borrow fees on leveraged trading, liquidations, and the minting and burning of GLP. These fees are split between GLP and GMX stakers.

The fast completion and zero price shock nature of GMX exchange assets make it ideal for high-volume OTC transactions. Still, the downside is that the GLP liquidity pool has a small selection of assets, which limits its potential for non-popular, long-tail assets.