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GMX and dYdX go head-to-head for the top decentralized derivatives position

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The top two decentralized derivatives platforms, dYdX and GMX, are head-to-head around liquidity and trading volumes. The perpetual swap daily trading volume on dYdX ranged between $340 million and $2.6 billion in March, per CoinGecko data. In comparison, GMX did less than $500 million in daily trading volumes. The open interest (OI) volume, which measures […]

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