# GMX

**Source:** https://www.startuphub.ai/startups/gmx
**Profile type:** Startup

> Decentralized perpetual exchange for spot and derivatives trading on blockchain networks.

## About

GMX is a decentralized exchange (DEX) that offers spot and perpetual futures trading with up to 50x leverage. It operates on the Arbitrum and Avalanche blockchains, providing a unique multi-asset pool that earns a share of the protocol's generated fees. GMX aims to offer low swap fees and zero price impact for trades.

## Key facts

- **Slug:** gmx
- **Website:** https://gmx.io/
- **Founded:** 2021-09-01
- **Operating status:** Active
- **Sectors / tags:** DeFi, Web3, Blockchain, Crypto Exchange, Derivatives Trading, Perpetual Futures, Decentralized Exchange, Fintech, Trading Platform, Spot Trading

## Frequently asked

### What does GMX do?

GMX is a decentralized exchange (DEX) that offers spot and perpetual futures trading with up to 50x leverage. It operates on the Arbitrum and Avalanche blockchains, providing a unique multi-asset pool that earns a share of the protocol's generated fees. GMX aims to offer low swap fees and zero price impact for trades.

### When was GMX founded?

GMX was founded in 2021.

### What industry does GMX operate in?

GMX operates in DeFi, Web3, Blockchain, Crypto Exchange, Derivatives Trading, Perpetual Futures.

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