About decentralized perpetual contracts:
GMX uses a pool-based model: the liquidity pool is the counterparty to traders, and execution prices are based on oracle quotes.
Being on-chain doesn’t mean there’s no risk: smart contract vulnerabilities, oracle failures, cross-chain bridges used for deposits, and high slippage when liquidity is insufficient all need to be considered.
$HYPE 82.42 (+2.18%)
#HYPE
GMX uses a pool-based model: the liquidity pool is the counterparty to traders, and execution prices are based on oracle quotes.
Being on-chain doesn’t mean there’s no risk: smart contract vulnerabilities, oracle failures, cross-chain bridges used for deposits, and high slippage when liquidity is insufficient all need to be considered.
$HYPE 82.42 (+2.18%)
#HYPE