🗒️ DeFi｜Decentralized perpetual contracts
· What it is: GMX uses a pool-based model: traders trade against a liquidity pool, and execution prices come from oracle prices.
· How to think about it: On-chain doesn't mean risk-free: smart contract vulnerabilities, oracle failures, the cross-chain bridge used for deposits, and high slippage when liquidity is insufficient all need to be considered.
· Note: Deposits often require using a cross-chain bridge. Test with a small amount first, then transfer a larger amount.
$HYPE 71.89（-1.06%）
· What it is: GMX uses a pool-based model: traders trade against a liquidity pool, and execution prices come from oracle prices.
· How to think about it: On-chain doesn't mean risk-free: smart contract vulnerabilities, oracle failures, the cross-chain bridge used for deposits, and high slippage when liquidity is insufficient all need to be considered.
· Note: Deposits often require using a cross-chain bridge. Test with a small amount first, then transfer a larger amount.
$HYPE 71.89（-1.06%）