Imagine the possibility of earning yields while actively trading – well that's precisely what GMX offers to its users. GMX empowers traders not only to engage in trading but also to stake and lend their digital assets.
The platform's decentralized spot + perpetual contract trading platforms utilize the power of the $GMX token + the GLP pool, providing traders with access to substantial liquidity + minimal price impact during their trades. This comes with the added benefit of very cheap fees. GMX also has no KYC, users just easily connect their MetaMask to the platform on the Arbitrum or Avalanche networks.
One of my favourite features that GMX offers is its protective measure in the form of a floor price fund, which reduces the risk of temporary market manipulation for those well-known crypto scam/stop loss hunting wicks.
Another standout feature is that all trading fees generated on GMX are distributed back to token holders, providing investors with tangible yields. Overall I think that GMX presents an exciting opportunity for traders to participate in the world of decentralized finance. Show Less
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