No exchange account needed—can you trade perpetuals just by connecting a wallet?
Decentralized doesn’t mean risk-free: smart contract vulnerabilities, oracle failures, the cross-chain bridge used for deposits, and high slippage when liquidity is thin are all things to consider.
GMX uses a pool-based model: traders trade against the liquidity pool, and execution prices are based on oracle prices.
The first page of my personal study notes says: understand it before you act.
Every potential return comes with corresponding risks. Make sure you understand the worst-case scenario first.
$HYPE 85.66（-0.26%）
#HYPE
These are personal notes. Make your own decisions when trading.
Decentralized doesn’t mean risk-free: smart contract vulnerabilities, oracle failures, the cross-chain bridge used for deposits, and high slippage when liquidity is thin are all things to consider.
GMX uses a pool-based model: traders trade against the liquidity pool, and execution prices are based on oracle prices.
The first page of my personal study notes says: understand it before you act.
Every potential return comes with corresponding risks. Make sure you understand the worst-case scenario first.
$HYPE 85.66（-0.26%）
#HYPE
These are personal notes. Make your own decisions when trading.