Kup GMX.

GMX is a decentralized trading platform that enables users to trade spot and perpetual crypto assets directly from their wallets, with no intermediaries and up to 50x leverage. Built on Arbitrum and Avalanche, GMX combines a user-friendly interface with the efficiency of on-chain execution, providing an alternative to centralized exchanges that prioritizes transparency, control, and capital efficiency.

At the heart of the GMX ecosystem is the GLP liquidity pool, which acts as the counterparty to traders. Liquidity providers earn fees from swaps, leverage trading, and liquidations. This model allows for deep liquidity and lower slippage, even during volatile market conditions. GMX’s price feeds are powered by Chainlink oracles and other aggregated sources to minimize manipulation and ensure accurate pricing.

The GMX token serves both governance and value accrual functions. Token holders can vote on protocol upgrades and earn a share of the platform’s revenue, distributed in ETH (on Arbitrum) or AVAX (on Avalanche). This dual reward mechanism has helped GMX become one of the most capital-efficient DeFi platforms by return on liquidity.

GMX is priced at $10.96, with a market capitalization of $113,315,034. The token reached an all-time high of $91.07 on April 18, 2023. There are 10,332,370.01 GMX tokens in circulation, from a total supply of 10,332,387.05, with a maximum supply of 13,250,000.

You can buy GMX with a credit as well as debit card, or explore other available payment methods on Nexo. Proceed to the Nexo Exchange to buy GMX.