GMX
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GMX Information
GMX Price Converter
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View allGMX Markets
View all| Instrument | Exchange | Benchmark Data | Price | 24h Change |
|---|---|---|---|---|
GMX-USDT GMXUSDT | AA | 7.11USDT | -6.69% | |
GMX-USDT GMXUSDT | A | 7.09USDT | -6.79% | |
GMX-USDT GMX_USDT | BB | 7.10USDT | -6.82% | |
GMX-USDT GMX-USDT | A | 7.08USDT | -7.17% | |
GMX-USDT GMXUSDT_SPBL | BB | 7.07USDT | -7.58% |
GMX Supported Platforms
View all| Trading As | Token Standard | Built On | Smart Contract Address | Launch Date |
|---|---|---|---|---|
| GMX | ERC20 | ARB | 0xfc5A1A6EB076a2C7aD06eD22C90d7E710E35ad0a | 2021-07-22 |
| GMX | ERC20 | AVAX | 0x62edc0692BD897D2295872a9FFCac5425011c661 | 2021-12-17 |
About GMX
GMX is a decentralized spot and perpetual exchange that enables low swap fees and zero price impact trades. It operates with a multi-asset pool that generates liquidity provider fees from market making, swap fees, and leverage trading. The platform leverages Chainlink Oracles and aggregates prices from leading volume exchanges to support dynamic pricing. While GMX hasn't provided clear information about its founders, the platform utilizes the GMX token within its ecosystem. The GMX token offers various functionalities, including rewards, staking, vesting, and multiplier points. Users can earn rewards, stake tokens for benefits, convert Escrowed GMX to GMX through vesting, and use Multiplier Points to enhance ETH/AVAX APRs. The token plays a vital role in facilitating activities and providing incentives within the GMX ecosystem.