Caution should be exercised when interacting with any smart contract or blockchain application. While risks are attempted to be mitigated through testing, audits and bug bounties, there is always a risk of vulnerabilities in smart contract code.
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StealthEX is a custody-free swapping service with 1500+ assets available for cross-chain instant swaps.
GMX users can “long” or “short” up to 30 times the size of their collateral by borrowing funds from a large liquidity pool.
An example of a synthetic market would be a DOGE perp market backed by ETH-USDC. While the max long open interest could be limited to a fraction of the amount of ETH tokens, it may be possible for the profits of long positions to exceed the worth of the tokens in the pool.
GMX provides traders with a complete set of tools for spot as well as long/short trading, with a strong focus on cost savings, no arbitrage, no funding fee and minimal settlement possibility.
Pick a backup recovery option by including your mobile phone number and/or a secondary email address. These are used in order to reset your password https://gmxsol.pro/ in the event you forget it. Your details remain secure and will only be used for password recovery.
(1) On GMX, you can use the maximum leverage of x30. To use leverage it is necessary to have collateral, GMX accepts any asset traded on GMX as collateral. In the image above, I take the example of a brother mortgaging the USDC.
Speed of liquidations can be measured by how quickly the protocol is able to get rid of underwater positions via liquidation.
To trade perpetual contracts on GMX, select the pair you wish to trade and click ‘Long’ or ‘Short’ depending on the direction of your trade.
Another 20% of JUP tokens are reserved for future team members, strategic investors, and past Mercurial stakeholders.
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This announcement is for informational purposes only and does not constitute legal, financial, or investment advice. GMX or any other parties make no warranties or representations regarding the accuracy, completeness, or suitability of the information presented and will not be liable for any losses, damages, or adverse consequences that may arise in relation to this announcement.
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