# GMX

📈 GMX
GMX keeps building its on-chain perpetuals exchange with real trading fee revenue for stakers. A breakout above resistance could ignite fresh bullish flows! 📈🔥 #GMX #DeFi #CryptoGems #Perps
$GMX

Can perpetual trading succeed onchain without relying on centralized matching engines?
That is where $GMX becomes interesting.
Traditional perpetual exchanges often depend on centralized order books to match trades.
While this delivers speed, it also introduces trust assumptions that many crypto users want to avoid.
GMX takes a different approach.
Instead of a traditional matching engine, it uses a shared liquidity pool that acts as the counterparty for leveraged traders, allowing users to trade directly from self-custodied wallets.
The opportunity is significant.
Decentralized perpetual mark

#GMX
Personal opinion sharing
I haven't entered the market yet, so I haven't posted a trading card, but I will definitely open all the trades I share.

🙋‍♂👀 #GMX The GMX community is discussing a plan to withdraw part of the GMX liquidity from DEX and increase the volume of the GMX V2 pool.
On CEX, 1 million GMX will be listed at a fixed purchase price of $5. At the same time, staking rewards (will be temporarily held in the treasury). Payments will resume once the GMX price exceeds $90.