GMX
Decentralized Perpetual Exchange.
Overview
GMX is a decentralized spot and perpetual exchange that allows users to trade top cryptocurrencies with up to 50x leverage directly from their wallets. It features a unique multi-asset pool, GLP, that earns liquidity providers fees from market making, swap fees, and leverage trading.
✨ Key Features
- Leveraged trading (up to 50x)
- Spot trading
- Zero price impact trades
- Multi-asset liquidity pool (GLP)
- Revenue sharing with GMX and GLP holders
🎯 Key Differentiators
- Shared liquidity pool model (GLP)
- Zero price impact trading
- Real yield paid in ETH or AVAX to liquidity providers
Unique Value: Offers a capital-efficient and user-friendly platform for decentralized leverage trading, with a strong focus on generating real yield for its liquidity providers.
🎯 Use Cases (3)
✅ Best For
- Decentralized leverage trading
- Real yield generation for liquidity providers
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Trading long-tail, exotic assets
🏆 Alternatives
Its shared liquidity model allows for zero price impact trades, which can be more favorable than order book or AMM models for certain trade sizes.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Live Chat
🔒 Compliance & Security
💰 Pricing
Free tier: Fees are charged for opening/closing positions and for swaps, which are distributed to liquidity providers and GMX stakers.
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