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Tag: $GMX

Crypto Market Update: Bitcoin and Ethereum fell, while Chainlink, XRP, and XLM grow

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The crypto market has seen some interesting developments this week. While Bitcoin and Ethereum have experienced a dip, other cryptocurrencies such as Chainlink, XRP, and XLM have shown growth. This highlights the dynamic nature of the crypto market and the importance of keeping up to date with the latest news and trends. In recent news, the British treasury issued a firm no to those calling for crypto to be regulated as gambling. This decision...

$DYDX, $GMX, Bitcoin, Crypto market, Cryptocurrencies, Ethereum

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what are perpetual protocols

What are Perpetual Contracts?

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Perpetual contracts are a type of derivative financial instrument that allows traders to speculate on the price movements of various assets without actually owning them. Perpetual contracts do not have an expiration date, which means that traders can hold their positions for as long as they want without worrying about settling the contract on a specific date. Perpetual contracts are traded on decentralized exchanges, which means that they...

$DYDX, $GMX, Blockchain, DeFi, DEX, Featured

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gmx - crypto

GMX surged more than 500% during the bear market

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The protocol’s ability to maintain its value despite the precipitous drop in the bitcoin market this year has made it a popular choice. The total locked value (TVL) of GMX has steadily increased and currently stands at a record $455 million, according to cryptocurrency data source DefiLlama, while the TVL of other decentralized finance protocols has declined. Token holders on the GMX exchange get 30% of all transaction fees. On Wednesday,...

$GMX, Cryptocurrencies, DeFi, Exchanges, Front page, News

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