Global Monetary Transfer (CRYPTO: GMX)

GMX is a decentralized spot and perpetual exchange that enables low swap fees and zero price impact trades. It operates with a multi-asset pool that generates liquidity provider fees from market making, swap fees, and leverage trading. The platform leverages Chainlink Oracles and aggregates prices from leading volume exchanges to support dynamic pricing. While GMX hasn't provided clear information about its founders, the platform utilizes the GMX token within its ecosystem. The GMX token offers various functionalities, including rewards, staking, vesting, and multiplier points. Users can earn rewards, stake tokens for benefits, convert Escrowed GMX to GMX through vesting, and use Multiplier Points to enhance ETH/AVAX APRs. The token plays a vital role in facilitating activities and providing incentives within the GMX ecosystem.

$29.90 $1.18 (3.9%) Sunday, April 21, 2024 at 2:10:05 a.m. Eastern Daylight Saving Time

Fundamentals GMX

Last updated Apr 21, 2024, 02:10:05am EDT
Current Price $29.90
Change $1.18 (3.9%)
Close Price $30.02
Open Price $30.02
Bid $0.00
Ask $0.00
Day Range $28.08 - $30.71
Year Range $22.06 - $77.92
Volume 1,596
Market Cap $282,179,611.12

Recommendations

Could not find any current recommendations for this ticker.

All Coverage

Could not find any coverage about the current ticker.