GMX is a novel decentralized spot and perpetual exchange that offers a trading experience unlike any other. It boasts of low swap fees and offers the amazing benefit of zero price impact trades. This unique capability of GMX sets it apart from other platforms in the crypto sphere.
Unique Multi-Asset Pool
GMX has developed an innovative multi-asset pool to sustain its trading activities. It's not just any pool; it provides liquidity providers with the opportunity to earn fees from several sources. These include market making, swap fees, leverage trading, and asset rebalancing. The wide variety of fee sources makes GMX an attractive option for liquidity providers.
Leverage Trading
With GMX, traders have access to a range of services within leverage trading. These services cover spreads, funding fees, as well as liquidations. This comprehensive approach to leverage trading enhances the user experience and optimizes trading outcomes.
Dynamic Pricing Supported by Chainlink Oracles
GMX has incorporated dynamic pricing into its platform, which is supported by Chainlink Oracles. This powerful integration provides traders with accurate and reliable pricing information, making the trading process seamless and more efficient.
TWAP Pricing from Leading Volume DEXs
In addition to Chainlink Oracles, GMX utilizes TWAP pricing from leading volume DEXs. This offers traders real-time and accurate market prices, thereby ensuring that they make informed trading decisions. As a result, GMX traders can potentially optimize their trading results, thanks to the combination of TWAP and Chainlink Oracle pricing.
GMX social statistic
229,225
Twitter followers
10,451
Telegram members
0
Reddit subscribers
0
Facebook likes