Short ETH with ETH as collateral: This could be useful for delta neutral strategies to earn funding fees. For example, if funding is such that longs pay shorts, then a 1 ETH short position could be opened with 1 ETH as collateral.
These two services also differ in how much storage you get. All Exchange users get 50 GB of inbox space, compared to just 30 GB for Gmail users with a basic account.
Dogecoin (DOGE) is focused on developing a strong community that features widespread recognition and a sense of humor.
Maximum number of solvent molecules to add if they fit in the box. If zero (default) this is ignored
Save this seed phrase and your BIP39 passphrase as you will need this later when deploying your program in Sol Playground. More on this later.
Arbitrum is a layer-2 blockchain which derives its security from the Ethereum network, which provides consensus and finality for Arbitrum transactions. In other words, Ethereum guarantees the validity of the rollup’s off-chain computation and data availability behind the computation.
To exercise this leverage, traders borrow funds from a designated pool and swiftly use the borrowed funds to place their bets. This pool is mostly owned by a single entity (the trading platform in most cases) and controlled by the trading platform.
GMX DeFi TVL
As GMX doesn’t yet handle billions of dollars of volume like its centralized counterparts, it’s currently a product best suited to small retail traders. Still, after rapid growth over recent months, GMX could soon attract the institutional market as more big players start to experiment with DeFi. With more room for growth ahead, it’s well worth keeping an eye on.
Evolving beyond aggregate trades and in the light of concerns around custody and regulations with USDT and USDC, Jupiter has also introduced plans for an overcollateralized native stablecoin called SUSD. It’s entirely decentralized and backed by Solana's liquid staking tokens (LSTs), a hot new copyright narrative for 2024.
GLP is the token that represents all liquidity pools on GMX. The GLP can be understood as an index that represents a basket of assets used to provide liquidity in the GMX. This means that by providing liquidity on GMX, you are providing liquidity for the entire asset, not just a single token.
Note that limit orders are not guaranteed to execute, this can occur in a https://gmxsol.pro/ few situations including but not exclusive to:
If you forget your password, then you lose your mailbox and need to either recover with offline backups or start over.
Click on "Long" or "Short" on the Trade page depending on which side you would like to open a leverage position on.