GMX

GMX is a decentralised perpetual and spot exchange, primarily offering margin trading to anyone without the KYC or Professional Investor requirements you might find on a CEX.

Margin trading is the practice of borrowing capital to trade with, utilising collateral as the debt for this transaction. The borrowed capital is then used to long or short an asset, with the leverage being the relationship between the position size and the collateral (margin) size.

This leads to higher profit or loss than could be achieved by purchasing a spot asset.

Dynamic pricing is supported by Chainlink Oracles along with TWAP pricing from leading volume DEXs.

- For token holders: Tokenomics and Rewards
- For liquidity providers: GLP
- For traders: Trading