GMX is king

Making a fortune in fees right now, 1000 GMX (60k) is basically 14k in income a year.
Not even counting it's going to be 5-10 billions mkcap once people realizes it prints more money than anything else in crypto.

  1. 5 days ago
    Anonymous

    I have some gmx on arbitrum, wat do? I'm not staking or anything.

    • 5 days ago
      Anonymous

      https://app.gmx.io/#/earn

  2. 5 days ago
    Anonymous

    >1000 GMX
    the make it stack

  3. 5 days ago
    Anonymous

    >boylover logo

    • 5 days ago
      Anonymous

      How would you know, anon?

    • 5 days ago
      Anonymous

      This. Imagine investing in coins that have pedo symbols for a logo. Can't wait for this shit to rug just like sol and ftx

      • 5 days ago
        Anonymous

        It’s like these guys never learned from FTX

  4. 5 days ago
    Anonymous

    I got 20

  5. 5 days ago
    Anonymous

    why do they have 2 tokens

    • 5 days ago
      Anonymous

      GLP is their liquidity pool token

      • 5 days ago
        Anonymous

        so which one do i Buy?

        One is cents, the other 2 digits.

        • 5 days ago
          Anonymous

          Depends on if you want upside or higher yield

          GMX has more price appreciation with 15-20% yield

          GLP is an index of ETH/BTC/stables with 30-50% yield

          • 5 days ago
            Anonymous

            tigris.trade is the microcap GMX. big things coming next week. next nft sale coming up too

            Mycelium is the microcap GMX. Mycelium got into top 20 on cryptofees.info during the last volatility.

            Would it actually be better off getting a smaller cap perp exchange token? I assume they all work similarly in their tokenomics etc, its seems like GMX is already too big if your investing small amounts (i dont have 60k)

  6. 5 days ago
    Anonymous

    >whole market tanking
    >GMX over $40
    i'm never going to be able to buy this cheap, am I

  7. 5 days ago
    Anonymous

    >1000 GMX (60k) is basically 14k in income a year.
    Can you please explain to a brain let how

  8. 5 days ago
    Anonymous

    tigris.trade is the microcap GMX. big things coming next week. next nft sale coming up too

    • 5 days ago
      Anonymous

      Mycelium is the microcap GMX. Mycelium got into top 20 on cryptofees.info during the last volatility.

      • 5 days ago
        Anonymous

        link?

        • 5 days ago
          Anonymous

          you mean a link to the site that i fucking wrote out in its entirety in the post you replied to? The fuck?

      • 5 days ago
        Anonymous

        > Mycelium: $4,670 in daily fees...
        First of all lol. Second of all Chainlink Build chose THIS shitcoin as their perp token instead of GNS? Third why is GNS not on that list of crypto fees?

        • 5 days ago
          Anonymous

          Not bad for rank #650

  9. 5 days ago
    Anonymous

    I use to have a over 1000 of this and I sold for $40 a long time ago and swapped for ICP thinking I was a genius…

    • 5 days ago
      Anonymous

      Breh I remember that time wtf were you doing

  10. 5 days ago
    Anonymous

    I've been using GMX lately and it's hilarious:
    >Pay fees for opening an order
    >Pay gas fees for the transaction
    >Eat the spread
    >Get fulfilled at some random price
    >Fees for every hour your position is open
    >Fees for closing
    >Also gas fees for closing

    And add to that if you want to use BTC as collateral:
    >More fees for opening
    >More fees for closing
    >More rolling fees
    >More gas fees
    >Close and get USDC instead of BTC so you have to swap it back and pay more fees+gas fees+another spread hit.

    Also:
    >UI is basic as hell and looks like some tycoon sim from the 2000s
    >No way to check total PnL after the trade is closed because the eldger is awful and you paid a clusterfuck of fees that not even the FBI can make sense of.

    At this point I almost prefer to get scammed by a CEX because at least I'll know what happened to my coins.

    • 5 days ago
      Anonymous

      yep, this
      the slippage is all fucked up even in relatively low vol conditions. I don't even want to imagine what it would be like in a vol spike

      • 5 days ago
        Anonymous

        try tigris.trade - theres no slippage…

    • 5 days ago
      Anonymous

      And all those fees get paid to chad GMX holders and clearly people are happy to pay them so cope. Go gamble on FTX where it's safe, stupid homosexual.

      • 5 days ago
        Anonymous

        Answer me this: When a thread pops up about GMX is it about how good it is as a trading platform or about the shitcoins related to it and their price/yield? The platform is a turd, no one would use it so the volume is fake and the yield is paid through some ponzi scheme. I had a bag of GMX but then I actually used it and sold it all. DYOR I guess.

        • 5 days ago
          Anonymous

          >nobody uses it which is why it's the highest fee earning protocol after ETH and UNI and also it's a ponzi which is why you earn ETH and not GMX as rewards
          lmao what fresh cope is this

          • 5 days ago
            Anonymous

            >ponzis have to be obvious

            • 5 days ago
              Anonymous

              Yeah I gotta give it to them. The ponzi where they pay me free ETH is very well concealed.

              • 5 days ago
                Anonymous

                *as long as you buy and stake their token

              • 5 days ago
                Anonymous

                Not really tho, providing liquidity to the trading pool pays out ETH fees and has 0 GMX.

              • 5 days ago
                Anonymous

                >wait there's a defi token that actually has utility and pays fee revenue back to holders

          • 5 days ago
            Anonymous

            He's kinda right tho. Also anon dev team. Highly suspicious throughout.

    • 5 days ago
      Anonymous

      How fucking poor are you to complain about gas fees on arbitrum?

    • 5 days ago
      Anonymous

      Its not great for scalping, but it works just fine if you want to day trade, or hedge for a couple of weeks
      Also exchanges also make you pay fees

    • 5 days ago
      Anonymous

      And you can change choose what you receive when you close a position

    • 5 days ago
      Anonymous

      use gns

    • 5 days ago
      Anonymous

      Get rugged of all your money by israelites then dumb nagger.

  11. 5 days ago
    Anonymous

    daily reminder all the gmx fud comes from gns-fags, a platform that had 600 active daily users at their PEAK.

  12. 5 days ago
    Anonymous

    what happens when an elite trader comes and wins like 80% of their trades?

  13. 5 days ago
    Anonymous

    imaging HOLDING a stake token with pedo "boy lover" logo + email hoster of year 2000 name.

  14. 5 days ago
    Anonymous

    someone tell me what happens to these perp protocols when a giga chad trader comes and there isnt always counter party to the trade
    does the platform just deny the trade / close the position?

    • 5 days ago
      Anonymous

      they can set limits if size is too much to handle

    • 5 days ago
      Anonymous

      >insufficient liquidity warning
      DEX aren’t made for large cash outs unless you’re trading big pairs on a major exchange
      Otherwise the slippage gets high fast

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