Finst

Portfolio Manager Pantera Capital sees potential in GMX and dYdX

Portfolio Manager of Pantera Capital says that GMX and dYdX, Uniswap (UNI).

By Finst News
• 3 min read
Portfolio Manager, Pantera Capital sees potential in GMX and dYdX

Portfolio Manager of Pantera Capital says that GMX and dYdX, Uniswap (UNI).will exceed.

Portfolio manager Cosmo Jiang of digital investment firm Pantera Capital has made a prediction regarding the rise of GMX and dYdX, which are expected to perform stronger soon and may even overtake Uniswap (UNI). On social media platform X, Jiang highlighted in an extensive thread the potential of decentralized perpetual trading platforms GMX and dYdX, with their clearer mechanisms for building token value.

View post on X

criticism of Uniswap

One of Jiang's criticisms focusedView post on X, noting that it would potentially benefit Uniswap stakeholders more than actual users. He advocated an approach in which the value of a token is independent of such fees and foresaw a significant shift in trends within the DEX ecosystem.

"Uniswap Labs is welcome to do what they need to do to create value for their stakeholders. This is not a judgment on that. However, as a fundamentalist-oriented investor, I look at whether a token creates a lot of value.", let Jiang know

Disclaimer: This content is for informational purposes only and does not constitute financial, investment, legal, or tax advice. The information provided may be incomplete, inaccurate, or outdated and should not be relied upon as such. Nothing on this website should be considered a recommendation to buy, sell, or hold any cryptocurrency. Investing in crypto-assets involves risk of loss.