Perpetual DEX Trading Strategy

Create a perp DEX strategy for:

Trading Capital: ${{CAPITAL}}
Target Markets: ${{MARKETS}}
Leverage Preference: ${{MAX_LEVERAGE}}
Trading Frequency: ${{TRADE_FREQUENCY}}

Build trading framework:
1. Platform Selection
   - GMX, dYdX, Perpetual Protocol comparison
   - Fee structure analysis
   - Liquidity depth assessment
   - Available leverage and pairs

2. DEX-Specific Considerations
   - Oracle price mechanisms
   - Funding rate dynamics
   - Liquidity provider mechanics
   - Slippage characteristics

3. Trading Strategies
   - Directional trading approach
   - Funding rate farming
   - Basis trading
   - Arbitrage opportunities

4. Risk Management
   - Position sizing for DEX perps
   - Stop-loss implementation
   - Liquidation prevention
   - Smart contract risk limits

5. Cost Optimization
   - Trading fee minimization
   - Gas fee management
   - Funding rate timing
   - LP token strategies

6. Execution Best Practices
   - Order type selection
   - Slippage settings
   - Position entry/exit timing
   - Emergency procedures