Course Overview
Learn to implement Solidity functions for creating and managing short ETH/USDC positions on GMX V2. This hands-on guide covers execution fees, position data retrieval, and smart contract interactions for closing positions.
Key Learning Objectives
- GMX Protocol Mechanics: Understand contract architecture and liquidity pools
- Advanced Trading Concepts: Funding rates, liquidation pricing, P&L calculations
- Order Types: Limit orders, take profit/stop loss configurations
- Asset Management: GLP, esGMX, and staking mechanisms
👉 Master GMX Perpetuals Trading
Who Should Take This Course?
- Web3 Developers building DeFi applications
- Smart Contract Engineers optimizing trading protocols
- Finance Developers specializing in derivatives
- Security Researchers auditing decentralized exchanges
Career Opportunities
| Role | Salary Range |
|---|---|
| DeFi Developer | $75K–$200K |
| Smart Contract Auditor | $100K–$200K |
| Web3 Developer Relations | $85K–$125K |
Core Curriculum Highlights
1. Position Management
- Create short ETH positions via Solidity
- Calculate execution fees and collateral requirements
- Retrieve real-time position data from GMX V2
2. Fee Structures
- Borrowing Fees: Dynamic rate calculations
- Funding Fees: Long/short payment balancing
- Price Impact: Trade imbalance effects
3. Risk Controls
- Implement stop-loss orders via smart contracts
- Configure take-profit thresholds
- Auto-deleveraging safeguards
Instructor Profile
Tasuku Nakamura
- Founder of smartcontract.engineer
- Expert in EVM-based protocol development
FAQ
Q: How do borrowing fees work on GMX?
A: Fees incentivize liquidity providers and adjust dynamically based on pool utilization rates.
Q: Can I test positions without real funds?
A: Yes—use GMX's testnet environment to prototype strategies.
Q: What’s the advantage of USDC vs. ETH collateral?
A: USDC offers delta neutrality, while ETH provides higher leverage potential.
Last Updated: June 26, 2025