GMX Solana officially launches the RWA market, supporting perpetual contracts for major U.S. stocks and ETFs.
This platform develops on the Solana Blockchain, uses Chainlink oracle, and integrates risk management parameters optimized by Chaos Labs to provide high performance and reliability for users.
MAIN CONTENT
GMX Solana launches the market for real collateral assets with perpetual contracts for U.S. stocks and ETFs.
The platform operates on the Solana Blockchain and integrates Chainlink oracle to ensure accurate and transparent data.
Chaos Labs is responsible for optimizing risk management parameters to enhance safety and efficiency in trading.
How did GMX Solana launch the RWA market?
GMX Solana officially developed and launched the real collateral asset (RWA) market on August 18, supporting perpetual contract trading with major U.S. stocks and ETFs.
The platform focuses on providing modern financial products, leveraging the power of the Solana Blockchain for fast processing and low costs. The integration with Chainlink oracle ensures that price information and market data are accurately and transparently updated to users.
The establishment of the RWA market includes many prominent stocks and ETFs such as SPY, QQQ, AAPL, NVDA, TSLA, AMZN, GOOGL, MSFT, META, and MSTR, demonstrating the variety of asset choices on the platform.
What technology does GMX Solana use to enhance safety and accuracy?
A fast and efficient platform based on the Solana Blockchain, integrating Chainlink oracle to provide market price data, creating an accurate data foundation for perpetual contracts.
In particular, the risk management parameters are designed and optimized by Chaos Labs, a specialized unit that ensures the system operates safely and effectively controls risks in trading real assets.
GMX Solana is committed to providing a safe and efficient trading experience with advanced technology, protecting users from uncontrolled fluctuations in the real collateral asset market.
Representative of Chaos Labs, 2023
The application of these solutions helps GMX Solana create a highly reliable ecosystem, suitable for investors looking to access the U.S. stock and ETF market through Blockchain technology.
What types of assets are supported in the RWA market of GMX Solana?
GMX Solana supports perpetual contracts for major U.S. stocks and ETFs, including SPY, QQQ, AAPL, NVDA, TSLA, AMZN, GOOGL, MSFT, META, and MSTR. These are all highly liquid assets with significant influence on the global financial market.
Providing a diverse range of products helps users easily access various asset groups to diversify their investment portfolios while leveraging liquidity and suitable price volatility for perpetual contract trading.
The combination of the cryptocurrency market and real collateral assets opens up many new investment opportunities for the Blockchain user community.
Is there a comparison table of GMX Solana's highlights related to technology and supported assets?
GMX Solana Criteria Platform Technology Solana Blockchain Chainlink Data Oracle Supported Contract Type Perpetual Contracts Trading Assets Major U.S. Stocks and ETFs (SPY, QQQ, AAPL, NVDA, TSLA, AMZN, GOOGL, MSFT, META, MSTR) Risk Management Parameters optimized by Chaos Labs
Frequently Asked Questions (FAQ)
What is the RWA market of GMX Solana?
It is the market for real collateral assets that allows trading of perpetual contracts with top U.S. stocks and ETFs on the Solana Blockchain platform.
Which oracle does GMX Solana use to update data?
GMX Solana integrates Chainlink oracle, providing accurate and transparent price and market data to users.
What assets are supported in the RWA market?
The platform supports major stocks and ETFs such as SPY, QQQ, Apple, NVIDIA, Tesla, Amazon, Google, Microsoft, Meta, and MicroStrategy.
What role does Chaos Labs play in the project?
Chaos Labs optimizes risk management parameters, ensuring safety and stability for trading real assets on GMX Solana.
What benefits does the Solana Blockchain provide?
Solana helps the platform operate quickly, with low transaction fees and effective security, optimizing the user experience.
Source: https://tintucbitcoin.com/gmx-solana-ra-mat-hop-dong-rwa/
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