GMX
GMX$6.70
Market Cap
$69.46M
Volume 24h
$7.82M
Vol / Market Cap
11.25%
Rank
#89
GMX Price Chart
GMX is a decentralized exchange specializing in perpetual trading.
GMX is a decentralized exchange focused on perpetual trading, offering low fees and on-chain transparency.
A decentralized perpetual exchange that allows users to trade with up to 50x leverage directly from their wallets. It uses a unique "GLP" pool of multiple assets to act as the house for all trades on the platform.
Decentralized Leverage: Used for governance and to earn a portion of the trading fees from a platform that allows users to trade with leverage directly from a wallet.
Leveraged Yield: Used as a governance token and to earn a portion of the platform’s trading fees. It powers a decentralized exchange that allows for "Zero Slippage" trading of BTC and ETH with high leverage.
Complex perpetual trading model; high sensitivity to market-wide liquidations and volatility.
