05/19/2024
BTC66,312.0
ETH3,068.88
USDT1.0
BNB574.72
SOL168.49
USDC1.0
XRP0.510305
DOGE0.149569
BUSD1.003

GMX (GMX) Price

GMX
4,4
$28.92
Market cap
275,125,006.0
Total volume
21,805,346
Circulating supply
9,496,657
Total supply
9,496,668
GMX stands as a pioneering decentralized platform, facilitating both spot and perpetual exchange trading, distinguished by minimal swap fees and trades devoid of price impact.

This trading ecosystem is bolstered by an innovative multi-asset pool, rewarding liquidity contributors with earnings derived from market-making activities, swap fees, and the nuances of leverage trading which include spreads, funding fees, and liquidations, in addition to profits from asset rebalancing.

The platform utilizes dynamic pricing mechanisms, integrating Chainlink Oracles and employing TWAP pricing models sourced from prominent, high-volume decentralized exchanges (DEXs).

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