15-minute fundamentals with GMX
In 15-minute fundamentals, we break down the business of a crypto project and learn about the drivers behind the data you can see on Token Terminal's charts.
In this episode Coinflipcanada, a core contributor at GMX – a non-custodial exchange for spot and perpetual contracts built on Arbitrum and Avalanche – joined us to discuss the basics of GMX, how it works, the exchange market, what makes GMX unique, current growth drivers and challenges, economic model, the GX and GLP tokens, plans for the future, and more.
The GMX dashboard: https://tokenterminal.com/terminal/projects/gmx
01:16 What is GMX?
02:52 How does the GMX exchange work?
04:55 The exchange market & how GMX is positioned within it
07:10 Overview of the economic model & stakeholders involved
09:33 Growth drivers and challenges
12:50 GMXs smart contract infrastructure
14:50 Core contributors behind GMX
16:54 The GMX & GLP tokens
18:20 What’s next for GMX?
The authors of this content, or members, affiliates, or stakeholders of Token Terminal may be participating or are invested in protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol. Token Terminal does not recommend any particular course of action in relation to any token or protocol. The content herein is meant purely for educational and informational purposes only, and should not be relied upon as financial, investment, legal, tax or any other professional or other advice. None of the content and information herein is presented to induce or to attempt to induce any reader or other person to buy, sell or hold any token or participate in any protocol or enter into, or offer to enter into, any agreement for or with a view to buying or selling any token or participating in any protocol. Statements made herein (including statements of opinion, if any) are wholly generic and not tailored to take into account the personal needs and unique circumstances of any reader or any other person. Readers are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol. Observations and views expressed herein may be changed by Token Terminal at any time without notice. Token Terminal accepts no liability whatsoever for any losses or liabilities arising from the use of or reliance on any of this content.
Stay in the loop
Join our mailing list to get the latest insights!
- Weekly fundamentals #56 – Exchanges (DEX)
Weekly fundamentals #56 – Exchanges (DEX)
This week’s newsletter focuses on the Exchanges (DEX) market sector, that has a designated dashboard on Token Terminal. Let’s dig in!
- Weekly fundamentals #55 – Daily active users
Weekly fundamentals #55 – Daily active users
This week’s newsletter focuses on daily active users, a metric that has a designated dashboard on Token Terminal. Let’s dig in!
- Introducing market sector dashboards
Introducing market sector dashboards
Benchmarking projects within a specific market sector has never been this easy! In our latest product update we’ve sought to bring even more structure to the Token Terminal web application.