CoinYQ

What is GMX?

GMX is the utility and governance token of the GMX decentralized exchange on Arbitrum, Avalanche, and MegaETH. It enables spot and perpetual trading without custody.

What problem does GMX solve?

GMX addresses custodial and market-structure limitations of centralized derivatives venues by allowing self-custody trading with pool-based liquidity.

How does GMX work?

GMX uses GM/GLV liquidity pools and oracle pricing. Up to 100x leverage. 27% of fees buy back GMX. Staking mints non-transferable GMX_DAO for governance. Forecast max supply 13.25M.

Key facts

  • Ticker: GMX
  • Multi-chain deployment
  • Up to 100x leverage
  • 27% fees buyback
  • GMX_DAO governance
  • Forecast max: 13.25M

Official links

Categories

Related coins

Compare

Frequently asked questions

What is GMX used for?

Staking, fee buybacks, and governance.

Is buyback distribution active?

Currently suspended; accumulates in Treasury until GMX reaches $90.

External trackers

Choose a tracking site for GMX: