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 blockchain networks, utilizing a cross-chain bridge called Synapse to connect these ecosystems to the exchange ¹ ² ³.$GMX

*Key Features:*

- _Decentralized Perpetual Exchange_: GMX allows users to trade cryptocurrency futures with leverage.

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

- _Utility and Governance Token_: GMX is the utility and governance token of the platform, enabling holders to participate in decision-making.

*Token Details:*

- _Token Name_: GMX

- _Token Symbol_: GMX

- _Total Supply_: 13.25 million GMX tokens

- _Circulating Supply_: 9.74 million GMX coins ²

*Current Stats:*

- _Market Cap_: $208.92 million

- _Price_: $21.46

- _24-hour Trading Volume_: $7.74 million ²

GMX has a unique approach to the automated market model, using a multi-asset pool instead of an order book model. This allows liquidity providers to earn revenue and creates a dynamic trading environment ¹. If you're interested in learning more or staying up-to-date on GMX prices, I recommend checking out reputable cryptocurrency platforms like Coinbase or CoinMarketCap ² ³.