Decentralised exchange with real yield
GMX is a decentralised protocol for spot and perpetual contracts on Arbitrum and Avalanche. Liquidity providers earn real yield from trading fees.
Why we recommend GMX
Real yield
LPs earn fees from trading, not inflationary rewards.
Minimal slippage
Oracle-based pricing model with no slippage.
GLP pool
Liquidity providers earn a share of trading fees through the GLP token.
No KYC
Decentralised platform — just your wallet.
Two networks
Runs on Arbitrum and Avalanche.
Open source
Transparent and repeatedly audited smart contract.
Step-by-step guide
Follow these steps to open an account and make your first trade.
Connect your Web3 wallet to GMX
Choose a network: Arbitrum or Avalanche
Transfer ETH or AVAX to pay for gas
Select a trading pair
Open a position or add liquidity via GLP
Set your risk management parameters
Monitor your open position
Close the trade and withdraw your profit
Frequently asked questions about GMX
What is GMX?
GMX is a decentralised perpetuals protocol with real yield for LPs.
How do I earn yield?
Buy the GLP token — it represents a share in the pool and earns fees from trading.
Is KYC required?
No — just a Web3 wallet.
Which networks does it support?
Arbitrum and Avalanche.