GMX is a decentralized exchange (DEX) token that enables trading of perpetual cryptocurrency futures with up to 50 times leverage on popular cryptocurrencies like Bitcoin and Ethereum. It operates on the Arbitrum and Avalanche blockchains, utilizing a cross-chain bridge called Synapse to connect these ecosystems to the exchange ¹.$GMX

*Key Features:*

- _Decentralized Governance_: GMX holders can participate in decision-making processes through voting.

- _Multi-Asset Pool_: GMX features a native multi-asset pool, GLP, which generates revenue for liquidity providers.

- _Chainlink Oracles_: Market prices are determined by Chainlink's oracles, collecting token price data from top exchanges.

*Tokenomics:*

The GMX token has a circulating supply of over 9.7 million and a total supply of 9.729 million ¹. The tokenomics allocation includes:

- 6 million GMX allocated for XVIX and Gambit migration

- 2 million GMX paired with ETH for liquidity on Uniswap

- 2 million GMX set aside for vesting from Escrowed GMX rewards

*Security:*

GMX operates on the Arbitrum and Avalanche blockchains, which provide unique security features. Arbitrum is a layer-2 blockchain that derives its security from the Ethereum network, while Avalanche employs a directed acyclic graph (DAG) protocol ¹.

*Availability:*

GMX is available on several cryptocurrency exchanges, including Binance, KuCoin, and Kraken [1