GMX Description
Trade BTC, ETH AVAX, and other top cryptocurrencies directly from your wallet with leverage up to 50x. When liquidations happen, an aggregate of high-quality feeds is used. This protects positions from temporary wicks. Enter and exit positions without any price impact and with minimal spread. Get the best price without incurring extra costs. Open positions using a simple swap interface. You can easily swap from any supported asset to the position you choose. GMX is live on Arbitrum and Avalanche. GMX is a utility and governance token. Acquire 30% of the platform generated fees. GLP is a token for the liquidity provider. Acquires 70% of the platform generated fees. GMX is a perpetual and spot decentralized exchange that offers low swap fees. Trading is supported by an unique multi-assets pool that earns fees from market making fees, swap fees and leveraged trading.