They’re both on-chain derivatives, so why do some use order books while others use pools?
GMX uses a pool-based model: traders trade against the liquidity pool, and opening and closing prices are based on oracle quotes.
Before trying a new perpetual DEX, read its margin and liquidation rules. Don’t assume they’re the same as Binance’s.
$HYPE is Hyperliquid’s native token. Hyperliquid is known for perpetual contract trading. Currently at 71.43.
If you have anything to add, let’s chat in the comments.
#HYPE
GMX uses a pool-based model: traders trade against the liquidity pool, and opening and closing prices are based on oracle quotes.
Before trying a new perpetual DEX, read its margin and liquidation rules. Don’t assume they’re the same as Binance’s.
$HYPE is Hyperliquid’s native token. Hyperliquid is known for perpetual contract trading. Currently at 71.43.
If you have anything to add, let’s chat in the comments.
#HYPE