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Fundamentals

GMX – Creating liquid markets on-chain | 15-min fundamentals ep. 39

Feb 23, 2023
19:28

Coinflipcanada, a core contributor at GMX – non-custodial exchange for spot and perpetual contracts built on Arbitrum and Avalanche – joined us for an episode to discuss the basics of GMX, how it works, the exchange market, what makes GMX unique, current growth drivers and challenges, economic model, the GX and GLP tokens, plans for the future, and more.


The GMX dashboard: https://tokenterminal.com/terminal/projects/gmx


Site: https://gmx.io/#/

Twitter: https://twitter.com/GMX_IO

Coinflipcanada: https://twitter.com/coinflipcanada


Make sure to leave a comment if you have any questions 🙌


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Timestamps:

00:00 Introduction

01:16 What is GMX?

02:52 How does the GMX exchange work?

04:55 The exchange market & how GMX is positioned within it

07:10 Overview of the economic model & stakeholders involved

09:33 Growth drivers and challenges

12:50 GMXs smart contract infrastructure

14:50 Core contributors behind GMX

16:54 The GMX & GLP tokens

18:20 What’s next for GMX?



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The information provided in this episode does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Token Terminal does not recommend that any cryptocurrency or token should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.



#GMX #DeFi #TokenTerminal

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