About GMX

This integration gives users access to deep liquidity pools with zero impact trades, while taking advantage of Avalanche’s low fees, high throughput, and sub-second finality.

Additionally, users can receive passive yield and earn GMX (the governance token) by staking GLP (the liquidity token). As one of the newer additions to the space, GMX’s hybrid spot-derivatives launched on Arbitrum, quickly growing to a $100m liquidity pool and over $10B of total volume. GMX distributes its trading fees between protocol stakers that hold GMX or GLP. On GMX’s perpetual exchange, users can easily swap or leverage trade (up to 30X) AVAX with no slippage and no liquidation wicks, thanks to the Chainlink oracle price feed. Since launching on Avalanche, GMX has seen significant growth with over $1B transactions in less than two weeks.

On GMX, trading is supported by a multi-asset pool that enables liquidity providers to earn from swap fees, asset rebalancing, leverage trading, and market-making. It provides traders with a bird’s eye-view of reliable price feeds that can inform them when liquidation occurs, protecting their positions from temporary wicks. GMX also allows traders to enter and exit positions with minimal spread and zero price impact, saving them from high costs, and as a plus, allowing them to get an optimal price for their trades. The platform is designed to have a user-friendly swap interface that enables traders to swap from any supported asset into their selected position easily.

GMX is a decentralized on-chain spot and perpetual exchange that supports low swap fees and zero price impact trades, Users can trade AVAX, BTC, and ETH with up to 30x leverage and lower liquidation risks directly from their Avalanche and Arbitrum Metamask wallets. The platform is supported by GLP, our multi-asset Liquidity pool which earns passive yields and our GMX governance token.

Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality. Avalanche is blazingly fast, low cost, and eco-friendly. Any smart contract-enabled application can outperform its competition by deploying on Avalanche. Don’t believe it? Try an app on Avalanche today.

Additionally, users can receive passive yield and earn GMX (the governance token) by staking GLP (the liquidity token). As one of the newer additions to the space, GMX’s hybrid spot-derivatives launched on Arbitrum, quickly growing to a $100m liquidity pool and over $10B of total volume. GMX distributes its trading fees between protocol stakers that hold GMX or GLP. On GMX’s perpetual exchange, users can easily swap or leverage trade (up to 30X) AVAX with no slippage and no liquidation wicks, thanks to the Chainlink oracle price feed. Since launching on Avalanche, GMX has seen significant growth with over $1B transactions in less than two weeks.

On GMX, trading is supported by a multi-asset pool that enables liquidity providers to earn from swap fees, asset rebalancing, leverage trading, and market-making. It provides traders with a bird’s eye-view of reliable price feeds that can inform them when liquidation occurs, protecting their positions from temporary wicks. GMX also allows traders to enter and exit positions with minimal spread and zero price impact, saving them from high costs, and as a plus, allowing them to get an optimal price for their trades. The platform is designed to have a user-friendly swap interface that enables traders to swap from any supported asset into their selected position easily.

GMX is a decentralized on-chain spot and perpetual exchange that supports low swap fees and zero price impact trades, Users can trade AVAX, BTC, and ETH with up to 30x leverage and lower liquidation risks directly from their Avalanche and Arbitrum Metamask wallets. The platform is supported by GLP, our multi-asset Liquidity pool which earns passive yields and our GMX governance token.

Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality. Avalanche is blazingly fast, low cost, and eco-friendly. Any smart contract-enabled application can outperform its competition by deploying on Avalanche. Don’t believe it? Try an app on Avalanche today.

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