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GMX Logo

WEB3 3.0 WINNER

GMX

GMX is a decentralized exchange platform.

DeFi DappsDecentralized Derivatives
|

Open-source

Chains:Arbitrum, Avalanche

What

is

GMX

The GMX is a decentralized exchange protocol that deployed on two EVM chains, Arbitrum and Avalanche. The utiitty and governance token for its Arbitrum ecosystem is GMX, which generates 13% APR for the users. On the other hand, the token for the Avalanche ecosystem is GLP, which gives around 21% APR. GMX also has an API for developers to tap into its infrastructure.

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