GMX

GMX is a decentralized finance (DeFi) platform that enables users to trade spot and perpetual futures contracts on major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Avalanche (AVAX). It supports leverage up to 100x, allowing traders to amplify their exposure directly from their wallets without intermediaries. GMX operates on the Arbitrum and Avalanche blockchains, leveraging their scalability and low fees to provide a smooth trading experience.

The platform is designed for DeFi developers and financial institutions seeking decentralized alternatives to traditional leveraged trading. GMX offers a non-custodial environment where users retain control of their assets while accessing advanced trading features. Integration requires connecting a compatible wallet to the Arbitrum or Avalanche networks. GMX's smart contracts handle order execution, margin management, and liquidation autonomously.

What sets GMX apart is its decentralized perpetual futures model combined with spot trading, all accessible on Layer 2 and sidechain environments. This reduces costs and latency compared to Ethereum mainnet solutions. GMX also features liquidity pools that incentivize liquidity providers with fees and rewards, enhancing market depth and stability. The platform's open documentation and GitHub repository support developer adoption and community contributions.

Developers can get started by reviewing the comprehensive documentation, connecting wallets like MetaMask to supported chains, and interacting with GMX's smart contracts or UI. The platform's design supports composability with other DeFi protocols, enabling integrations such as automated trading bots or risk management tools.