Trading Notes | Decentralized Perpetual Contracts
① GMX V1’s liquidity pool is called GLP; V2 switched to GM pools segmented by market.
② On a perpetual DEX, users can trade perpetual contracts by connecting a wallet, with margin and profit and loss settled by on-chain contracts.
③ Before trying a new perpetual DEX, read its margin and liquidation rules. Don’t assume they’re the same as Binance.
$HYPE 77.62 (-1.83%)
① GMX V1’s liquidity pool is called GLP; V2 switched to GM pools segmented by market.
② On a perpetual DEX, users can trade perpetual contracts by connecting a wallet, with margin and profit and loss settled by on-chain contracts.
③ Before trying a new perpetual DEX, read its margin and liquidation rules. Don’t assume they’re the same as Binance.
$HYPE 77.62 (-1.83%)