GMX DEX On Avalanche

    GMX is one of the top decentralized spot and perpetual exchanges on Avalanche that supports low swap fees and low-price impact trades. Read more here: https://docs.gmx.io/docs/intro/

    GMX is a decentralized spot and perpetual exchange platform that emphasizes low swap fees and minimal price impact for trades. It supports trading through multi-asset pools, allowing liquidity providers to earn fees from various sources. Dynamic pricing is facilitated by Chainlink Oracles and aggregated prices from leading volume exchanges, ensuring accuracy and up-to-date information for users. Overall, GMX aims to create an efficient and decentralized trading environment.

    For more info: https://docs.gmx.io/docs/intro/

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    This dashboard analyzes swap activity on the GMX DEX on the Avalanche networks. This analysis focuses on data from January 1st 2024 to date.

    Metrics used;

    • Total swaps
    • Total swappers
    • Total swap volume
    • Average swap volume
    • Daily GMX swaps (chart)
    • Daily GMX swappers (chart)
    • Daily GMX swap volume