GMX
GMX is a decentralized spot and perpetual exchange where traders keep full custody of their assets at all times. No registration. No KYC. Just a wallet and an internet connection.
Users can trade crypto assets like Bitcoin, Ethereum, and Solana, with up to 100x leverage, as well as real-world asset commodity markets such as GOLD, SILVER, and BRENT OIL.
GMX runs on liquidity pools rather than an order book, so trades and swaps are executed against capital supplied by liquidity providers. This helps reduce price impact while turning real trading activity into fee revenue for pool depositors. Pricing is powered by Chainlink Data Streams, helping trades and liquidations settle around fair market prices rather than short-lived spikes.
Trading fees are typically 0.04% to 0.06% when opening, closing, or adjusting a trade, with borrowing and funding fees depending on market conditions.
The $GMX token is the protocol’s governance and value capture layer. 27% of protocol revenue is used to buy back GMX from the market, accumulating in the Treasury and later distributed to stakers based on staking power. No new tokens are minted.
🪂 Trade, Earn GMX Rewards, and Stack MegaETH Points
GMX rewards users through real protocol revenue.
Liquidity providers deposit assets into pools that power leveraged trading and swaps. In return, they earn the majority of platform fees generated from trading, liquidations, borrowing, and swaps, with 63% distributed on Arbitrum and Avalanche, and 50% on Botanix.
There are two liquidity options. GM pools provide exposure to a single market and earn fees from that specific market. GLV vaults hold multiple GM tokens and automatically rebalance across markets, offering a more passive and diversified approach. Both options auto-compound returns.
The interface also includes a Claims section where traders can collect accumulated rewards such as funding fees or price impact rebates when eligible.
GMX is also integrated into MegaETH Terminal. Users who trade, provide liquidity, or generate referral activity, will be earning MegaETH Points toward the $MEGA Airdrop.
GMX
GMX
Step by step guide GMX Airdrop
Fund your account → Deposit supported assets on your selected network.
💡 Use the Rabbithole bridge if you want to move funds to the MegaETH network.
Trade → Go to the Trade section and open long or short positions across GMX markets, from BTC and ETH to Gold, Silver, WTI Oil, Brent Oil, and Natural Gas, all available 24/7.
💡 Monitor the Claims section to see if you have rewards available to claim.
🪂 You can earn MegaETH Points by trading perps, referring friends, providing GLV liquidity with USDm, and generating positive realized PnL.
Earn through pools → Go to the Earn or Pools section to provide liquidity through GLV vaults or GM pools. GLV gives diversified exposure across multiple markets with automatic rebalancing, while GM pools focus on a single market and its fee generation.
💡 GMX staking rewards come from real revenue. 27% of protocol fees are used to buy back GMX, which is later distributed to stakers based on staking power when conditions are met.
Referral program → Share your affiliate link to earn up to 15% commission from referred trading volume, while your referees get up to 10% fee discounts, depending on their tier.
* Follow @GMX_IO on 𝕏 and join the Discord & Telegram channels to stay in the loop.
Use the AirdropAlert Eligibility Checker to check your wallet eligibility for Airdrops.
Stay tuned with @AirdropAlertcom
the original and first-ever Airdrop platform globally, consistently offering premier Airdrop opportunities since 2017 with love 
and dedication
