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What is HMX?
HMX is a non-custodial exchange for perpetual contracts built on Arbitrum. HMX was founded by Shu Wei, Rockman, and Taoree and was launched in 2022.How does HMX work?
Liquidity providers deposit funds into HMX and receive trading fees from traders (supply-side fees).Who governs HMX?
HMX tokenholders own and govern the protocol. They currently take a cut of the total trading fees paid by traders (revenue). HMX's investors include Coral DeFi, Compound Capital Partners, Cryptomind, etc.The values in this graphic are examples and do not reflect actual values. Treat them as approximations.