There are many competitors in the field of decentralized contracts. Currently, the ones with better momentum are #gmx and #dydx . The former is a second-tier network built on arbitrum, while the latter builds its own second-tier network and will soon be transferred to the Cosmos SDK ecosystem. The two are more optimistic about gmx. Gmx has been listed on Binance and has been tracked since last year. Gmx has well unified the interests of the three parties of gmx currency holders, glp liquidity providers and traders. Holding gmx can share the handling fees. glp can share handling fees and counterparty losses. glp is a liquidity pool established in proportion to usdc, usdt, eth and btc, with stablecoins accounting for about 50%.