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GMX is a decentralised perpetual exchange that supports low swap fees and zero price impact trades. Operating on both Arbitrum and Avalanche, it allows users to trade cryptocurrencies, commodities, and other financial instruments directly with their wallets. GMX utilises a unique multi-asset pool that provides liquidity for all supported assets, enhancing trading efficiency and reducing slippage. The GMX token grants governance rights, fee sharing, and staking rewards, aligning the interests of traders and liquidity providers.
