GMX: An In-Depth Look at Arbitrum’s Leading Permissionless Exchange for On-Chain Leverage Trading

GMX is a leading decentralized exchange on Arbitrum, offering non-custodial, permissionless, and transparent on-chain leverage trading. It features deep liquidity, self-custody, transparency, robust security, and efficient dual trading modes, making it a top choice for traders and liquidity providers.

GMX operates with pools and liquidity vaults, allowing traders to open leveraged positions and liquidity providers to earn rewards. The GMX token governs the protocol and earns stakers a portion of the fees. Future plans include GMX Express, GMX Multichain, UI/UX upgrades, and GMX V2.3 to enhance performance and user experience.

Read the whole article at: blog.arbitrum.io