The GMX Token serves as the core token for GMX, a decentralized exchange offering spot and perpetual trading with minimal swap fees and no impact on price during transactions. A distinct multi-asset pool backs trading activities and generates revenue for liquidity providers through market making, swap fees, leveraged trading (including spreads, funding fees, and liquidations), and asset rebalancing. Chainlink Oracles, in conjunction with TWAP pricing from top-volume DEXs, facilitate dynamic pricing on the platform.
GMX offers minimal swap fees and no impact on price during transactions, making it an attractive option for traders seeking cost-effective trading solutions.
GMX's unique multi-asset pool generates revenue for liquidity providers through market making, swap fees, leveraged trading (including spreads, funding fees, and liquidations), and asset rebalancing, which can provide a source of passive income for long-term investors.
GMX's dynamic pricing is facilitated by Chainlink Oracles and TWAP pricing from top-volume DEXs, which helps to ensure fair and accurate pricing for traders.
GMX is a decentralized exchange, which means it is not controlled by any central authority, making it less susceptible to hacking and other security risks that centralized exchanges may face.
Browse through crypto market and manage your portfolio
Quickly swap between your favorite crypto assets
Invest with competitive rates backed by DeFi and crypto hedge funds
Earn special prizes to grow your portfolio with regularly updated campaigns & events