Disclaimer: The ideas presented here are not to be taken as financial advice, the research and opinions expressed are purely for educational purposes. By now you’ve likely heard of GMX, the decentralized exchange on Arbitrum and Avalanche most popular for its perpetual futures trading platform. The majority of GMX’s volume is on Arbitrum, so that will be the focus of this piece. Rising L2 usage and growing emphasis on “real yield” opportunities in DeFi has put GMX in the spotlight, as its GLP token entitles holders to an impressive 70% of the platform’s trading fees. Not only will we be going over what makes GMX an attractive platform for perps traders, but also what strategies GLP holders could employ in various market conditions.
Everything $GLP: Hedging, Leverage & Manipulation
Everything $GLP: Hedging, Leverage …
Everything $GLP: Hedging, Leverage & Manipulation
Disclaimer: The ideas presented here are not to be taken as financial advice, the research and opinions expressed are purely for educational purposes. By now you’ve likely heard of GMX, the decentralized exchange on Arbitrum and Avalanche most popular for its perpetual futures trading platform. The majority of GMX’s volume is on Arbitrum, so that will be the focus of this piece. Rising L2 usage and growing emphasis on “real yield” opportunities in DeFi has put GMX in the spotlight, as its GLP token entitles holders to an impressive 70% of the platform’s trading fees. Not only will we be going over what makes GMX an attractive platform for perps traders, but also what strategies GLP holders could employ in various market conditions.