GMXUSDT
GMX/Tether·Spot·BINANCE
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About GMX
Staking
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GMX is a decentralized exchange (DEX) that allows users to trade cryptocurrencies and perpetual futures with leverage directly from their wallets. Built on Arbitrum and Avalanche networks, GMX offers a unique trading experience with features like zero price impact trades, minimal spread, and the ability to trade with up to 50x leverage on popular cryptocurrencies. The platform uses a multi-asset pool (GLP) that serves as the counterparty to traders, allowing for efficient liquidity provision and earning yield for liquidity providers. GMX has gained significant traction in the DeFi space due to its innovative approach to decentralized trading, offering features typically found in centralized exchanges while maintaining the benefits of decentralization. The protocol generates revenue through trading fees, which are distributed to GMX token holders and GLP providers, creating a sustainable economic model. GMX has processed billions in trading volume and has become one of the leading decentralized perpetual exchanges in the cryptocurrency space.
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