Tag: gmx

Sep 18 2022

GMX Allegedly Exploited For Over $565,000 On Avalanche (AVAX)

Summary: Decentralized exchange GMX might have suffered price manipulation on the AVAX/USD pair. Estimates losses from the incident exceed $500,000, per reports. The exploit was first noticed by on-chain security firm PeckShiled but the tweet was deleted shortly after. GMX responded with a cap on AVAX long and short futures trading. GMX, a decentralized crypto exchange powered by Artibitrum and Avalanche, supposedly fell...

Top Decentralized Platforms (DEX) for Crypto Trading

Decentralized platforms for trading are extremely popular in the crypto market, and for a good reason. These are, first and foremost, non-custodial, meaning that you are always in control of your funds. You’ll also find a much larger selection of crypto assets — and you can trade these for lower fees. Decentralized Exchanges (DEXs) have been growing in popularity for these reasons and...

Sep 02 2022

Arbitrum Doesn’t Have a Token, But You Can Still Long It. Here’s How

Sep 02 2022 Published at Crypto Briefing under tags  arbitrum dopex education gmx

GMX and Dopex, two of the top protocols on Arbitrum, may provide opportunities for traders to gain exposure to the Layer 2 solution while waiting for it to airdrop its...

Aug 25 2022

GMX Review: Is DeFi’s Buzzy 30x Leverage Exchange Easy to Use?

Aug 25 2022 Published at Crypto Briefing under tags  arbitrum avalanche gmx product reviews

GMX users can "long" or "short" up to 30 times the size of their collateral by borrowing funds from a large liquidity pool. Decentralized Leverage GMX is a popular decentralized...

Jun 02 2022

Introducing a Special Yield Yak GLP Vault

Jun 02 2022 Published at Altcoin Buzz under tags  avax defi gmx

Yield Yak is an auto-compounding platform that optimizes users' profit on liquidity mining programs by using yield farming rewards. The platform gathers data from Avalanche-based decentralized exchanges, such as Pangolin. It then allows its users to get better rates for their deals....

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