📊 DeFi | Decentralized Perpetual Contracts
· Key points: GMX V1’s liquidity pool is called GLP, while V2 uses GM pools divided by market.
· How to understand it: The order-book model works similarly to how centralized exchanges match orders, with prices determined by buyers and sellers. The pool model relies on oracle pricing, so an oracle failure can directly affect settlement.
· Note: Deposits usually require a cross-chain bridge. Test with a small amount first, then transfer a larger amount.
$HYPE 71.84（-1.22%）
#HYPE
· Key points: GMX V1’s liquidity pool is called GLP, while V2 uses GM pools divided by market.
· How to understand it: The order-book model works similarly to how centralized exchanges match orders, with prices determined by buyers and sellers. The pool model relies on oracle pricing, so an oracle failure can directly affect settlement.
· Note: Deposits usually require a cross-chain bridge. Test with a small amount first, then transfer a larger amount.
$HYPE 71.84（-1.22%）
#HYPE