
GMX (GMX) - USDT
₮ 14.61
3 min ago
0.33%
Mkt. Cap.
₮ 148.07 M
Vol. 24H
GMX 55.46 k
(₮ 807.64 k)
Open 24h
₮ 14.56
Low/High 24h
₮ 14.33
-
₮ 14.79
Whitepaper
-
Launch Date
2021-07-22
Max Supply
Not Applicable
Total Supply
10,135,233.62
Circulating Supply
10,135,233.62
Mkt. Cap. Penalty
0 %
Website
Built On
ARB
Token Standard
ERC20
Smart Contract Address
Decimal Places
18
Parent Asset Symbol
-
GMX is a decentralized spot and perpetual exchange that enables low swap fees and zero price impact trades. It operates with a multi-asset pool that generates liquidity provider fees from market making, swap fees, and leverage trading. The platform leverages Chainlink Oracles and aggregates prices from leading volume exchanges to support dynamic pricing.
While GMX hasn't provided clear information about its founders, the platform utilizes the GMX token within its ecosystem. The GMX token offers various functionalities, including rewards, staking, vesting, and multiplier points. Users can earn rewards, stake tokens for benefits, convert Escrowed GMX to GMX through vesting, and use Multiplier Points to enhance ETH/AVAX APRs. The token plays a vital role in facilitating activities and providing incentives within the GMX ecosystem.