GMX
GMX is a decentralized perpetual exchange that allows users to trade BTC, ETH, and other cryptocurrencies with up to 100x leverage directly from their wallets. Operating on Arbitrum and Avalanche, GMX uses a unique multi-asset liquidity pool model (GLP/GM) that serves as the counterparty to all trades, earning fees for liquidity providers. The protocol features zero price impact trades through Chainlink oracle pricing, reducing front-running and MEV issues. GMX has become one of the leading p...