Tag: Liquidation
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GMX Short Seller Faces Significant Losses on Ethereum (ETH) Short Position
The largest short seller on GMX decided to employ 6.6x leverage and short Ethereum when it was priced at $1,703.97. This leverage allowed them to amplify potential gains or losses….
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GMX On-Chain Derivatives Records Massive Liquidation
On June 14, GMX, a platform known for its on-chain derivatives trading, witnessed an unprecedented amount of liquidation. As a result, GMX Trader, a leading participant in the derivatives market,…
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Curve Finance Deploys crvUSD Stablecoin Smart Contract on Sepolia Test Network
Curve Finance, a decentralized finance (DeFi) protocol, has deployed the crvUSD stablecoin smart contract on the Sepolia test network. This move represents a significant step forward for the development of…
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