GMX Review | Explainer on GMX and GLP

GMX is a decentralized spot and perpetual exchange offering low swap fees, zero price impact trades and up to 30x leverage. Liquidity is provided through a basket of crypto assets known as GLP. 70% of platform fees accrue to GLP liquidity providers and 30% to GMX stakers. Yields are paid in ETH or AVAX depending on which chain you are on.

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