What is GMX?
The GMX is a decentralized exchange protocol that deployed on two EVM chains, Arbitrum and Avalanche. The utiitty and governance token for its Arbitrum ecosystem is GMX, which generates 13% APR for the users. On the other hand, the token for the Avalanche ecosystem is GLP, which gives around 21% APR. GMX also has an API for developers to tap into its infrastructure.
Web3 dapps and developer tools related to GMX
Discover blockchain applications that are frequently used with GMX.
Zeta MarketsDecentralized Options
Zeta is a unique Defi Futures and options Derivatives exchange on the Solana Blockchain.
AlchemixDecentralized Synthetics
Alchemix allows users to take out self-paying loans after depositing cryptocurrency as collateral.
Dual FinanceDecentralized Options
Incentive Liquidity Infrastructure for Web3 Communities.
Resources and Guides about Decentralized Derivatives
GMX Alternatives
Explore web3 competitors and apps like GMX.
DefxDecentralized Derivatives
Defx is an orderbook based spot dex, perps dex and L1.
LegatoDecentralized Derivatives
A DeFi vault strategy protocol for liquid stakers on the Sui blockchain.
MarginlyDecentralized Derivatives
Marginly is a novel leverage protocol that enables margin trading where it was never available before.
