GMX v2 protocol
Overview
GMX v2 is a decentralized perpetual exchange (perp-DEX) built on Arbitrum and Avalanche. It uses a multi-asset liquidity system with separate pools for collateral and swap assets to support leveraged trading with dynamic funding rates. It is an upgraded version of the original GMX protocol.
Within the DeFi Intel graph, GMX v2 connects to 5 tracked entities, most strongly to Arbitrum, Avalanche, MegaETH.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 5 of 5 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Arbitrum | 95% |
deployed_on | Avalanche | 95% |
deployed_on | MegaETH | 95% |
supports_token | GMX | 95% |
deployed_on | Botanix | 95% |
Frequently asked questions
What is GMX v2?
GMX v2 is a decentralized perpetual exchange (perp-DEX) that enables leveraged trading of cryptocurrencies on Arbitrum and Avalanche. It uses a multi-asset liquidity pool model distinct from its predecessor.
How does GMX v2 differ from GMX v1?
GMX v2 replaces the single-asset GLP pool with isolated per-market GM pools (represented by GM tokens) plus aggregating GLV vaults, and introduces a dynamic funding-rate mechanism for more flexible liquidity provision.
What chains is GMX v2 deployed on?
GMX v2 is deployed on Arbitrum and Avalanche, with the smart contracts governed by a multi-signature wallet and a community-elected council.
What is GMX v2 connected to?
In the DeFi Intel knowledge graph, GMX v2 is linked to 5 other tracked entities, most strongly to Arbitrum, Avalanche, MegaETH.
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