GMX is a decentralised derivatives exchange that allows users to trade spot markets for certain assets as well as trade perps (perpetual swaps) using leverage up to 30x.   

GMX has a pool of assets known as the GLP pool through which spot and perp trades are executed. The version of GMX on Arbitrum and the version on Avalanche have two separate GLP pools with differing constituent assets.   

Due to its decentralized nature and unique oracle pricing method, trades are executed with low fees and low slippage.  

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