GMX
by GMX
Arbitrum One
Avalanche
Solana
Quick Fact
Launched in September 2021, GMX has facilitated over $277 billion in trading volume and serves more than 728,000 users. Its unique model utilizes multi-asset liquidity pools (GLP) and Chainlink oracles to provide efficient, low-slippage trading experiences. GMX's governance token allows holders to participate in protocol decisions and earn a share of platform fees.
GMX is a decentralized spot and perpetual exchange that enables users to trade cryptocurrencies with up to 50x leverage directly from their wallets. Designed to prioritize user control, low fees, and seamless execution, GMX has emerged as one of the leading DeFi protocols for derivatives trading.
Built for Traders and Liquidity Providers
GMX operates on a multi-asset liquidity pool model, known as GLP, which allows liquidity providers to earn fees from market making, swaps, and leveraged trading. Traders benefit from low-slippage, zero price impact trades, and accurate pricing through Chainlink oracles.
DAO-Governed and Community-Driven
The platform is governed by a DAO, with development and decisions driven by the community and GMX token holders. Users who stake GMX tokens gain voting power and a share of platform-generated fees.