Learn about GMX, the decentralized perpetual exchange that launched on Arbitrum in September 2021. GMX quickly gained popularity in the DeFi community as the first DEX and perpetual market on the Arbitrum ecosystem with a shared liquidity pool system minimizing price impact. Within a month, GMX grew its TVL to over $30 million and continues to expand with a TVL of over $450 million and a 24-hour trading volume of $1 million.
The GMX token has also seen significant value appreciation since launch. The token’s market price has increased by over 200% and continues to hold strong value in the market.
Perpetual Propulsion
Discover the impact of GMX’s perpetual market on Arbitrum’s growth and how Kinetix Finance is set to replicate this success on Kava Chain. Kinetix aims to be a leading DeFi hub with advanced trading tools and a perpetual swaps market, offering margin trading, copy trading, hedging, and more.
The Kinetix v3 DEX & Perpetual Market
Learn how Kinetix is leveraging its experience from Quickswap to build a state-of-the-art DEX and perpetual market on Kava Chain. With a shared liquidity system and advanced trading features, Kinetix aims to provide users with powerful trading strategies and benefits.
Is Kinetix The Next GMX?
Explore whether Kinetix has the potential to follow in GMX’s footsteps and become a market leader in the DeFi space. With its innovative approach and focus on user experience, Kinetix is poised to make a significant impact on the Kava Chain and Cosmos ecosystems.
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