GMX is a decentralized perpetual and spot exchange on Arbitrum, Avalanche, MegaETH and Solana. Trade crypto, commodities, forex, equities and indices with up to 100x leverage directly from your wallet, with deep liquidity, one-click trading and sub-second Chainlink pricing. Liquidity comes from GM pools and GLV vaults, which anyone can supply to and earn trading fees from all the on-chain trading activities. GMX is the protocol’s utility and governance token.