The decentralized trading platform GMX has gained attention for its low transaction fees and the ability to leverage trades up to 30 times. It supports spot and perpetual contract trading and operates on the Arbitrum and Avalanche networks. The platform uses a multi-asset liquidity pool that generates rewards from various sources to enhance liquidity for users. GMX merges decentralized finance with crypto exchange mechanisms and utilizes a shared liquidity model known as GLP. The platform allows for perpetual swap markets and trades are processed at oracle prices secured by Chainlink. GMX Coin is available for trading on Binance.



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