As a GMX delegate, I fully support this proposal.
We’ve received complaints about traders experiencing significant price impacts on various assets which essentially came down to not updating configurations in real-time as the market moves. Additionally, the lack of frequent updates, coupled with the need for a buffer to ensure market safety, has been a concern.
This proposal will make GMX more competitive in areas like price impact, swap price impacts, and open interest. By automatically integrating real-time market data from ChaosLab oracles, the protocol will become more robust, whether during periods of low volatility and volume or the opposite. GMX configurations will essentially behave like an orderbook as orderbook data from all big exchanges is being fed by these oracles, allowing us to give one of the best pricings in the DEX industry in terms of price impacts.
Big yes from me