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52572910 No.52572910 [Reply] [Original] [archived.moe]

Is there a decentralized platform like Uniswap which enables shorting? How can I take a short position against an arbitrary token?

>> No.52573012

>>52572910
did you buyed mobius yet sir?

>> No.52573044

>>52573012
>did you buyed mobius yet sir?
what is that

>> No.52573052

>>52572910
I dont think theres any that can let you take a short against any token, something to do with liquidity i assume. But you do have gmx, gns, pika protocol, unidex and takepile, one of these may have the token you are looking to short.

>> No.52573053

>>52572910
yes. GMX, LRC, INJ, GAINS
but be careful with the fees, especially shorts. you need to make +2% profit on any trade to be profitable which requires expert knowledge. start with paper trading, then a CEX, then move on to DeFi if you havent quit yet.

AND UNDERSTAND THE FEES.

>> No.52573069

>>52573044
is good coin

>> No.52573087

>>52572910
just do it all onchain: deposit collateral on aave (or similar protocol), borrow your token and sell it. Basically same as shorting.

>> No.52573130

>>52573087
>>52573052
>>52573053
Doesn't there have to be liquidity on aave for that to work? Smaller coins won't be supported.

>> No.52573264

>>52572910
Cap dot finance

>>
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