The borrowing fee rate can be viewed on the interface when making a trade. Note that the rate will change over time based on the pool utilization percentage.
But according to the current picture, the ratio of ETH is 26,7%, USDC is 37%, which is higher than ideal. Therefore, in order to lower the proportion of ETH, USDC in the pool, GMX will reduce the transaction fee when traders using other tokens buy ETH in the pool or use GLP.
You can place trades at specific prices so you don't overpay on token purchases. Jupiter uses powerful data from partners Birdeye and TradingView to give its users the most accurate information. Simply place a limit order on Solana and get your tokens straight into your wallet once it’s executed.
Benefits of a free GMX email account At GMX, we aim to optimize your email experience without compromising on functionality. So we don’t just make it easy to sign up for an email account, but easy to use as well.
If an ETH long position is opened and the position size is larger than the collateral value, then there would be a price at which the position's loss amount is very close to the collateral value.
By entering a ‘futures contract’, two parties agree to sell or purchase an asset at a pre-determined price and time in the future. In contrast to spot trading, traders in a futures contract are not required to hold the asset.
To exercise this leverage, traders borrow funds from a designated pool and swiftly use the borrowed funds to place their bets. This pool is mostly owned by a single entity (the trading platform in most cases) and controlled by the trading platform.
After creating a trigger order, it will appear in your position's row as well as under the "Orders" tab, you can edit the order and change the trigger price if needed.
For stablecoin tokens, there may be a spread from the Chainlink price of the stablecoin to 1 USD. If Chainlink Data Stream prices are used then the spread would be from the data stream and may not be to 1 USD.
Next, enter your desired email address (email id), consisting of a user name and domain name, and a secure password. Now complete the captcha security question and read and agree to the terms and conditions, then you’ll be ready to start enjoying your new free email account!
However, the addition of Solana could help GMX tap into Solana’s large community of traders and strengthen its position in the trading landscape. Whether this potential will be realized remains to be seen. We will continue to Observe.
To continue using the exchange during these times you can use a backup URL or switch the RPC URL in the network settings of your wallet and the page should load faster after.
SolDecentral is an experimental implementation of GMX, a renowned platform for perpetual trading that has gained immense popularity on Arbitrum and Avalanche and triggered a phenomenon known as https://gmxsol.pro/ the GLP wars.
Barrier-free entry into market-making. A key advantage of GMX V2 is a seamless liquidity provision process. We firmly believe that the democratisation of liquidity provision, as opposed to concentration among a select few institutions, is a crucial cornerstone in our journey towards true decentralisation.