gmx

## gmx What is GMX? You can use GMX to trade assets like BTC, ETH, SOL, and others with up to 100x leverage directly from your wallet. The platform is supported on the following networks (Arbitrum, Avalanche, Botanix, and MegaETH since March 2026), and there is no KYC or custodial risk. Trading takes place in multi-asset liquidity pools (GM pools and GLV vaults), so liquidity providers earn money from protocol trading fees instead of inflationary token emissions. The protocol went live on the Arbitrum mainnet in September 2021. Since then, it has become one of the more established on-chain perp venues, thanks to funding from the Avalanche Foundation, the Arbitrum Foundation, and Ava Labs. GMX has raised approximately $10.5 million : $900K in an early private round and the rest from an Arbitrum grant. The token has real use beyond just guessing what the price will be because it shares fees with $GMX stakers. **Temperature:** 0° ### Steps to Participate 1. Set Up a Compatible Wallet 2. Visit the GMX App 3. Trade Perpetuals or Spot 4. Provide Liquidity to GLV Vaults 5. Create a Referral Code 6. Boost Your Points on MegaETH Terminal 7. Track Your Progress 8. Is there a GMX airdrop coming? 9. Do I need money to participate? 10. How does the MegaETH Terminal points program work? 11. Can I participate on Arbitrum or Avalanche instead of MegaETH? 12. Will there be additional incentive programs in the future? *Source: [airdrops.io](https://airdrops.io/gmx/)*

### Steps to Participate 1. Set Up a Compatible Wallet 2. Visit the GMX App 3. Trade Perpetuals or Spot 4. Provide Liquidity to GLV Vaults 5. Create a Referral Code 6. Boost Your Points on MegaETH Terminal 7. Track Your Progress 8. Is there a GMX airdrop coming? 9. Do I need money to participate? 10. How does the MegaETH Terminal points program work? 11. Can I participate on Arbitrum or Avalanche instead of MegaETH? 12. Will there be additional incentive programs in the future?