GM

GMX

GMX
DeFiRank #89Arbitrum

$6.62

+0.92%24h
+10.48%7d

Market Cap

$68.61M

Volume 24h

$4.19M

Vol / Market Cap

6.11%

Rank

#89

GMX Price Chart

About GMX

GMX is a decentralized exchange specializing in perpetual trading.

What Is GMX (GMX)? GMX is a decentralized exchange specializing in perpetual futures trading.

How It Works

A decentralized perpetual exchange offering leveraged trading directly from user wallets, using pooled liquidity to facilitate trades.

Use Cases

Decentralized Leverage: Used for governance and to earn a share of trading fees from a leveraged trading protocol.

Tokenomics

Leveraged Yield: Used for governance and to earn a share of fees from a leveraged perpetual trading platform designed for capital-efficient trading.

Risks & Considerations

Complex perpetual trading mechanics; highly sensitive to market-wide liquidations and volatility spikes.

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