Enter the amount of ETH you’d like to swap for GMX tokens. GMX.io will display the equivalent amount of GMX tokens you’ll receive.
Avalanche’s GLP pool comprises AVAX, ETH, BTC, and USDC. The GLP pools on different chains are not connected, but the share of stablecoins is close to about 50%, equivalent to the asset index portfolio of a basket of cryptocurrencies.
Users can deposit their copyright into the GLP pool to become liquidity providers and receive credentials for GLP tokens. Users staking GLP tokens can receive transition fees, funding fees, and liquidation fees, which fees will directly convert to the native assets of that blockchain network.
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.
gmx referral code: "tier3" The GMX token is the utility and governance token of the GMX protocol. Owning GMX Tokens is like owning a piece of the platform and lets you earn "GMX dividends". 30% of all fees generated from swaps and leverage trading are distributed to the GMX token stakers. gmx tier3 ref code: "tier3" The GLP token consists of an index of assets used for swaps and leverage trading. It can be minted using any index asset and burnt to redeem any index asset. This is GMX's way of providing liquidity for leveraged trades. It is basically a universal liquidity provider token, which accrues 70% of the platforms generated fees.
This appchain ensures that the dYdX protocol uses a decentralized order book and matching engine that enhances the platform's scalability and security.
Total staking value has topped $400 million and cumulative trading volume has surpassed $55 billion in the year since the GMX protocol was developed, making it the third-largest decentralized exchange on Arbitrum after Uniswap and Curve.
The percentage of copyright customers who increased or decreased their net position in BTC over the past 24 hours through trading.
O investidor qual adquire tokens GLP igualmente recebe taxas de acordo utilizando as click here transações alavancadas realizadas na DEX, para além por ganhar tokens GMX qual podem vir a ser usados de modo a o staking na própria rede.
The founder details of GMX are not prominently disclosed, aligning with the decentralized ethos of the platform which focuses more on collective governance and community-driven development.
Some of the platform’s advantages over competitors include low swap fees and the ability to conduct trades with zero price impact.
The Completa 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 '--'.
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GMX innovatively redefines liquidity pools, allowing users to exchange assets at a low cost and without price slippage, even for large transactions. For liquidity providers, GLP liquidity pools are not plagued by impermanent losses. They can add and redeem liquidity with a single asset and earn various revenues, such as transaction fees, funding rates, and liquidation fees.