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GMX
GMX

About GMX

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...

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