Knowledge Notes | Decentralized Perpetual Contracts
① On a perpetual DEX, users can trade perpetual contracts by connecting their wallets, with margin and P&L settled by on-chain contracts.
② GMX V1’s liquidity pool is called GLP; V2 replaced it with GM pools organized by market.
③ On transparent on-chain platforms, the liquidation prices of large positions are publicly visible and easy for others to monitor, so managing leverage is even more important.
$HYPE 81.68（-1.63%）
#HYPE
① On a perpetual DEX, users can trade perpetual contracts by connecting their wallets, with margin and P&L settled by on-chain contracts.
② GMX V1’s liquidity pool is called GLP; V2 replaced it with GM pools organized by market.
③ On transparent on-chain platforms, the liquidation prices of large positions are publicly visible and easy for others to monitor, so managing leverage is even more important.
$HYPE 81.68（-1.63%）
#HYPE