They're all on-chain contracts, so why do some use order books while others use pools?
GMX V1's liquidity pool is called GLP; V2 switched to GM pools organized by market.
Here's the key point: On transparent on-chain platforms, the liquidation prices of large positions are publicly visible and can be targeted by other traders, making it even more important to manage your leverage.
$HYPE is Hyperliquid's native token. Hyperliquid is known for perpetual futures trading.
Don't trade with borrowed money—the pressure can easily lead you to make bad decisions.

#HYPE