#Progress

GMX showed that sustainable revenue sharing model can exist in DeFi space so I personally believe it can be long-term model(except exploit/systemic/the whole crypto risk obv.)

Proof of their progress is as follows (by Q1 2023) :

  • TVL has been growing consistently despite the bear time (1st picture)

  • Revenue has been growing (2nd picture)

  • Big amount of partnerships/announcements and projects built on top of GMX (Source: https://twitter.com/GMX_IO ) Show Less

 3
2024 Cyrator - Crypto Research Community

Disclaimer: The content presented on this website, including any analyses, reviews, and ratings, is provided for informational purposes only and should not be considered financial advice. Cyrator does not endorse or recommend any financial transactions or investments based on the information available on this platform. Visitors to this site should perform their own due diligence and consult with a professional financial advisor before making any investment decisions. Cyrator is not liable for any actions taken, financial or otherwise, based on information or links from this website.