GMX V2 is now live. Visit:. New Features. For Traders:. • Multiple collateral types can be used for positions, e. opening a 0.
03 Aug 2023, 15:25
GMX V2 is now live!
Visit:
New Features
For Traders:
• Multiple collateral types can be used for positions, e.g. opening a 0.1 ETH position with 1 ETH of collateral for a low cost and low leverage ETH long
• Faster execution speed and lower slippage, the new oracle system signs prices every block, this helps to ensure that orders get executed at the closest execution price possible even if there are a high number of transactions
• Low fee swaps from 0.05% to 0.07%
For Liquidity Providers:
• Pools and markets are now isolated, so liquidity providers can customize exposure to only the tokens that they prefer
• Stronger incentives for balancing the open interest for longs and shorts: this helps to automatically hedge pools against trader profits
• Increased swap incentives help to keep the tokens in the pool balanced and allow the pool token's price to more closely track the underlying assets, for more predictable returns
Read the details on the GMX News blog: