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.
Traders also benefit from a GLP liquidity pool that allows them to quickly exchange large amounts of assets without price volatility, more accurately predicting losses and profits for each trade and managing their money accordingly.
Additionally to this, you will also earn escrowed GMX (esGMX), which are "locked" GMX tokens. If you decide to "unlock" these esGMX tokens, they will fully vest over 365 days and turn into regular claimable GMX tokens.
An essential aspect of the GMX platform is its dual-token ecosystem, comprising the GMX token and the GLP token. These tokens serve different purposes: GMX as a utility and governance token, and GLP as a liquidity provider token.
copyright futures are financial contracts that allow traders to speculate on the future price of cryptocurrencies, without owning the underlying assets.
The most apparent drawback for traders is the small selection of assets in the GLP liquidity pool, as they can only trade with a few cryptocurrencies. There is a potential additional risk of sudden spikes in funding rates, which dynamically adjust to asset utilization in the GLP liquidity pool. For example, suppose you choose to go long on LINK tokens in the contract market gmx copyright exchange of the GMX platform, and soon after, you open a position.
Suitable indicators and tools combined with copyright news make up the best possible fundamental analysis for decision-making
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No lado da bolsa, a GMX É possibilitado a acomodar Enorme liquidez com ter muitos TVLs saiba como este modelo AMM, graças ao uso do seu próprio modelo de pool por liquidez.
The price of GMX will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for GMX market prices, please view the price charts on this page.
The perpetual futures market space is colossal. Just think of how many degens there are out there, even in a bear market, trying to leverage their way to riches.
Traders or users who exchange assets use the GLP liquidity pool to buy and sell. Regarding spot trading, the GLP liquidity pool is not very different from other automated market maker agreements in that it charges 0.
The protocol is able to provide dynamic pricing thanks to Chainlink Oracles, and aggregation of price data from exchanges with high volumes.