GMX

GMX is a decentralized spot and perpetual exchange that supports low price impact perpetual trades with up to 100x leverage as well as low swap fees.

Trading is supported by unique asset pools, GM Pools, that earn liquidity providers fees from perpetual trades, liquidations, and swaps.

GMX V2 routes every order against GM Pools and quotes the oracle index price rather than relying on an order book or external market makers. To ensure accurate pricing without wicks, GMX V2 uses Chainlink Data Streams oracles, so liquidations occur only at fair market prices.

For token holders: GMX Token / Rewards

For liquidity providers: GM/GLV

For traders: Trading on GMX