Leverage and margin trading has become increasingly popular on decentralized exchanges (DEXs), allowing traders to grow their positions without the need for a centralized exchange.
Leveraged and margin trading on DEX brings flexibility, transparency and greater accessibility to the DeFi space. Platforms such as dYdX, GMX, and Mango Markets have developed advanced offerings to compete with traditional centralized exchanges, although risks such as dilution and vulnerability of smart contracts should be carefully considered. For experienced traders, these DXes offer a decentralized way to capitalize on market movements while navigating the unique risks of DeFi.