Decentralized perpetuals explained in three sentences:
GMX V1’s liquidity pool is called GLP; V2 switches to GM pools divided by market.
On-chain doesn’t mean risk-free: contract vulnerabilities, oracle failures, the bridges used for deposits, and high slippage when liquidity is insufficient all need to be taken into account.
Deposits usually require a cross-chain bridge, so test with a small amount first, then transfer a larger amount.
$HYPE 78.36（+0.37%）
GMX V1’s liquidity pool is called GLP; V2 switches to GM pools divided by market.
On-chain doesn’t mean risk-free: contract vulnerabilities, oracle failures, the bridges used for deposits, and high slippage when liquidity is insufficient all need to be taken into account.
Deposits usually require a cross-chain bridge, so test with a small amount first, then transfer a larger amount.
$HYPE 78.36（+0.37%）