Odaily Planet Daily News The GMX V2 beta version has been launched on the Arbitrum and Avalanche mainnets. The new version adds new trading assets such as SOL, XRP, LTC, DOGE, and ARB, and allows trading with multiple collaterals. Additionally, the new oracle system signs prices every block to ensure that orders are executed as close to the execution price as possible, even in the presence of large volumes of transactions.
For liquidity providers, V2 provides liquidity through segregated GM (GMX Market) pools, allowing liquidity providers to customize their exposure to specific tokens only to their liking. V2 also adds incentives for long and short positions, helping to automatically hedge the risk between liquidity providers and traders' profits. GMX V2 also brings many other new features, including low-fee transactions, increased transaction incentives, and more.