GMX token is a utility and governance token used on the GMX decentralized perpetual swap and spot exchange for trading cryptocurrencies. Token holders can use GMX to vote on proposals to help decide the exchange’s future direction, as well as receive a share of the platform’s generated fees.
The token can be purchased on the Arbitrum and Avalanche networks, and has an APR of 11.56% on Arbitrum and 11.70% on Avalanche.
To further focus on decentralization, GMX, a decentralized spot, and perpetual exchange, has proposed to make Chainlink the oracle partner of GMX V2 and GMX the exclusive launch
Even as the cryptocurrency market is trading in red, GMX has witnessed an upsurge rallying more than 10% over the past 24 hours amid worries over
GMX, a decentralized spot and perpetual exchange, has outperformed rival exchange dYdX in terms of total value locked (TVL) despite low trading volume compared to dYdX.
Forbes Advisor, a global platform for finance related news, advice and inputs, has listed GMX token, the governance token for the GMX decentralized exchange, as one
GMX, a decentralized spot and perpetual exchange, is gearing up to improve cryptocurrency trading and investing by enabling users to trade Bitcoin (BTC), Ethereum (ETH) and
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