Rewards are distributed to white hat hackers based on the severity of the vulnerability. This bounty program focuses on preventing Direct theft of any user funds, Permanent freezing of funds, Insolvency, Unable to call smart contracts, etc., and much more. Here is a quick table for reference:
Yes, there is a referral program on GMX.io. Users can get fee discounts and earn rebates through the GMX referral program. The referral program has a tier system to prevent gaming through self-referrals.
This helps to ensure that referrers receive the rebates for the users they brought onto the platform. Here is the link to apply for the referral program.
GMX does not use an order book to create a trading market or AMM to make quotes, so theoretically, there is pelo slippage. As long as liquidity is in the liquidity pool, orders of any size can be absorbed instantly without impacting the market price.
copyright futures are financial contracts that allow traders to speculate on the future price of cryptocurrencies, without owning the underlying assets.
The most apparent drawback for traders is the small selection of assets in the GLP liquidity pool, as they can only trade with a few cryptocurrencies. There is a potential additional risk of sudden spikes in funding rates, which dynamically adjust to asset utilization in the GLP liquidity pool. For example, suppose you choose to go long on LINK tokens in the contract market of the GMX platform, and soon after, you open a position.
As regulatory pressures mount in 2024, these platforms will become harder to find, yet they remain essential for those who value privacy. Below, we’ve highlighted the leading exchanges that still offer pelo-KYC futures trading across centralized and decentralized finance applications.
This reduces the price volatility of GMX and provides a stable source of income for pledgers. Users who stake GMX tokens also receive Multiplier Points, which boost the user’s share of GLP liquidity pool proceeds by a certain percentage.
Summary: Traders in highly regulated regions like the USA and China face increasing challenges in accessing copyright futures markets without identity verification.
The Completa number of coins that will ever be created for the copyright, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Each time a trade is made, the gambler puts his margin chips on the table to guess the ups and downs, and the dealer charges an opening fee to play with him.
The perpetual futures market space is colossal. Just think of how many degens there are out there, even in a bear market, trying to read more leverage their way to riches.
On AMM, users trade against a pool of tokens known as a liquidity pool. AMM users supply liquidity pools with copyright tokens, whose prices are determined by a constant mathematical formula.
GMX innovatively redefines liquidity pools, allowing users to exchange assets at a low cost and without price slippage, even for large transactions. For liquidity providers, GLP liquidity pools are not plagued by impermanent losses. They can add and redeem liquidity with a single asset and earn various revenues, such as transaction fees, funding rates, and liquidation fees.