# gmx

By [vitalikfriend](https://paragraph.com/@vitalikfriend) · 2022-12-15

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GMX is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades.

Trading is supported by a unique multi-asset pool that earns liquidity providers fees from market making, swap fees and leverage trading.

Dynamic pricing is supported by [Chainlink Oracles](https://chain.link/) and an aggregate of prices from leading volume exchanges.

*   For token holders: Tokenomics and Rewards
    
*   For liquidity providers: GLP
    
*   For traders: Trading

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*Originally published on [vitalikfriend](https://paragraph.com/@vitalikfriend/gmx)*