How Perpetual DEXs Offer Leveraged Trading Without Brokers
Platforms such as Hyperliquid and GMX illustrate a model for leveraged trading outside traditional brokerage channels, raising questions about how these services operate.
Decentralized exchanges focused on perpetual contracts offer traders a way to take leveraged positions without using a licensed broker. Their appeal includes access to markets tied to a broad range of assets.
Bitcoin.com News points to Hyperliquid and GMX as prominent examples of platforms that have gained traction with this model. Their growth has drawn attention to the structures supporting these trading services.
The source introduces a behind-the-scenes look at perpetual DEX operations and mentions LegalBison. However, the supplied excerpt does not detail the platforms’ legal arrangements, licensing status or operational setup.
Source: Bitcoin.com News
