GMX is a decentralized exchange for spot and perpetual trading with low fees and staking rewards.
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GMX is a decentralized exchange operating on the blockchain, specializing in spot and perpetual contract trading. It allows users to trade directly from their wallets, boasting low fees and zero price impact on trades. The GMX token serves for network fees and staking. GMX's key features revolve around its trading platform, offering spot and perpetual contract trading with up to 30x leverage through liquidity pools. Users providing liquidity are rewarded from market making, swap fees, and leverage trading. Dynamic pricing is achieved using Chainlink Oracles and aggregated price data from high-volume exchanges. GMX tokens can be bridged between Ethereum and Arbitrum, but there's a 7-day waiting period during the process. GMX fosters community involvement by supporting community-developed...
As of now, GMX is trading at 15.89 USD, with a 24-hour trading volume of approximately 596.09K USD. The GMX to USD price is updated in real time. Over the past 24 hours, GMX has decreased by 2.28%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 160.68M USD. Currently, there are 10 111 917.636039 GMX in circulation out of a maximum supply of 10 111 917.636039 GMX.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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