GMX Review
Decentralized perps on Arbitrum & Avalanche — trade from your wallet, no KYC.
Quick facts
Rating
4.3 / 5
Max leverage
100×
Type
Decentralized
Verification
No KYC
Assets
Crypto
Taker fee
0.06%
Demo account
No
About GMX
GMX is a well-established decentralized perpetual exchange on Arbitrum and Avalanche. It uses a liquidity-pool model, supports up to 100× on majors, and is fully permissionless — connect a wallet and trade, no account or KYC. Crypto only.
✓ Pros
- ✓ Permissionless & self-custody
- ✓ No KYC
- ✓ Up to 100× on majors
- ✓ Battle-tested protocol
✗ Cons
- ✗ Crypto only
- ✗ On-chain gas fees
- ✗ Limited pairs vs CEXs
Start trading on GMX
Start trading on GMX 
