GMX
gmx.ioDecentralized perpetual exchange with up to 100x leverage
Finance & Fintechdecentralized-exchangedefiperpetualscrypto-tradingleverage-tradingblockchainweb3
About
GMX is a decentralized exchange (DEX) that allows users to trade spot and perpetual contracts on cryptocurrencies like BTC, ETH, and AVAX with up to 100x leverage. The platform operates non-custodially, meaning trades are executed directly from users' wallets without a centralized intermediary. GMX is deployed on both the Arbitrum and Avalanche blockchains.
Problem
Traders want access to leveraged perpetual contracts without giving up custody of their funds to a centralized exchange.
For
Crypto traders seeking decentralized leveraged trading
How it works
Users connect their crypto wallets and trade spot or perpetual positions directly on-chain via smart contracts on Arbitrum or Avalanche.
Business model
unknown
Status
launched