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GMX (GMX)

€ 26,72

-1,18 % € -0,32
24h 1w 1m 1y All

GMX Price in Euros

(GMX to EUR)

€ 26,72

GMX Volume

(24h)

€ 22.3 M

Market Cap

(GMX)

€256.21 M
BTC

What is GMX

GMX is a decentralized exchange (DEX) that allows users to trade perpetual cryptocurrency futures with up to 50X leverage. Launched in September 2021 as Gambit Exchange, GMX has quickly emerged as the leading derivatives DEX on Arbitrum and Avalanche, with a total trading volume of over $130B and 283K total users. By leveraging the innovative automated market model (AMM) and a native multi-asset liquidity pool (GLP), GMX provides a unique trading experience for popular cryptocurrencies such as BTC, ETH, and more.

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How does GMX work?

Instead of employing the order book model used by centralized exchanges (CEXs), GMX operates using the AMM model pioneered by DEXs like Uniswap. Trading takes place through its native multi-asset pool, GLP, which generates revenue for liquidity providers. The GLP pool acts as a counterparty for traders, allowing liquidity providers to profit from traders' losses. Market prices on GMX are determined by Chainlink's oracles, which collect token price data from top exchanges.

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How to buy GMX?

It's possible to buy GMX on Coinmerce. Select the coin, choose your payment method, and receive the GMX tokens in your wallet.

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How to buy GMX?

If you want to buy GMX (GMX token), you can do so on Coinmerce. Coinmerce offers a user-friendly platform that allows you to buy GMX using various payment methods, including credit/debit cards, bank transfers, and other cryptocurrencies. To begin, create an account on Coinmerce and complete the necessary verification process. Once verified, log in to your account and navigate to the "Coins" section. Find GMX on the list or use the search function, and click on it to see the trading page. Specify the amount of GMX you want to purchase and choose your preferred payment method. Follow the instructions to complete the purchase, and the GMX tokens will be transferred to your wallet.

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About GMX

GMX is revolutionizing decentralized trading by offering a seamless and robust platform for trading perpetual cryptocurrency futures with leverage. The combination of the AMM model and the native multi-asset liquidity pool ensures efficient and reliable trading for users. With a significant trading volume and a growing user base, GMX is a top choice for derivatives trading on the Arbitrum and Avalanche blockchains. The GMX token (GMX) serves as the utility and governance token, providing users with various benefits and voting rights within the GMX ecosystem. GMX prioritizes security through active contract audits and bug bounties, ensuring a safe and trusted trading environment. Join GMX today and explore the future of decentralized trading!

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Website Website
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Location
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Rank 182
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Market Cap 256.21 M
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Trading volume 22.3 M
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Maximum coins 0
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Circulating 9.59 M
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