The Edge Podcast

GMX V2: A Guide for Traders and Liquidity Providers

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Description

Fredegar Christensen is a BD Contributor at GMX.

In this episode, we cover what's new in GMX V2 for traders and liquidity providers. Given its reputation as the top decentralized leverage perps trading platform on Arbitrum, with over $140B in trading volume since 2022, we walk through a bit of DeFi history on GMX V1. Afterwards, we walk through a detailed guide on all the improvements made in V2 including isolated GM Pools, new collateral asset support, longing/shorting markets with the same token as collateral, lower fees, and faster execution times.

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Timestamps

00:00 - Intro

4:57 - Reflecting on 2022

7:11 - Fred's background and why GMX

12:19 - GMX V1 and success

16:49 - GMX delivers what we want

20:07 - Designing for the long term

26:28 - Challenges / shortcomings in GMX V1

34:02 - What's new in GMX V2

35:09 - GM Pools

42:39 - Fee structure for V2

49:54 - Multiple collateral types

53:17 - Faster execution times and Chainlink

56:28 - Progress in V2 Beta Launch so far

59:14 - Closing

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🔗 Guest Links 🔗

â–ē Fred on Twitter: https://twitter.com/0xFredChris

â–ē GMX on Twitter: https://twitter.com/GMX_IO

â–ē GMX website: https://gmx.io/

â–ē GMX V2: https://app.gmx.io/#/v2

â–ē GMX V2 Beta Blog Post: https://gmxio.substack.com/p/gmx-v2-beta-is-now-live

â–ē GMX Discord: https://discord.com/invite/ymN38YefH9

â–ē Castle Capital thread on GMX V2: https://twitter.com/Castle__Cap/status/1687202320143237121

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🙏 The Edge Podcast is produced by 4RC Labs. If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/

All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.