Glossary · Definition
GMX
GMX is a decentralized exchange for perpetual futures, deployed on Arbitrum and Avalanche, where traders take leveraged positions against a shared pool of assets instead of matching with other traders on an order book.
Join CryptoBipto to view the full explanation.
The full entry for GMX covers the detailed definition, how it works, an example and the mistakes beginners make.
More terms about DeFi.
CryptoBipto is a crypto education platform. It does not buy, sell, hold or send cryptocurrency for anyone, and it does not give financial advice.