Independent GMX knowledge hub
Understand GMX before you trade
Current, sourced guides to trading, fees, execution, liquidity and tokenomics. Built around the questions a trader should answer before connecting a wallet.
If your intent is search-oriented, this hub also maps to live execution pages: protocol statistics forreferral code stats, live market terminal atGMX Pulse, funding rates, fees and cost calculators.
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In-depth guides
Reviewed July 27, 2026 against official protocol documentation. Parameters can change.
Start here
Understand what GMX is, choose an account setup and walk through a first trade.
What is GMX?
Learn how GMX works: perpetual trading, oracle pricing, GM and GLV liquidity, supported networks, the GMX token and the risks to know first.
4 min read
Checked July 26, 2026
GMX V2 explained
Understand the current GMX V2 design: isolated GM markets, GLV vaults, adaptive funding, balance-based fees, execution and developer APIs.
4 min read
Checked July 26, 2026
How to trade on GMX
A practical GMX trading tutorial: choose a network, fund your wallet, open a long or short, review fees and liquidation, then manage and close the position.
4 min read
Checked July 26, 2026
GMX crypto account explained
Understand the GMX crypto trading account, Classic and Express modes, supported funding networks, one-click permissions and setup risks.
4 min read
Checked July 26, 2026
GMX networks explained
Compare GMX on Arbitrum, Avalanche and MegaETH, understand GMX Account settlement, supported source chains, gas tokens and account limitations.
3 min read
Checked July 26, 2026
GMX referral program explained
Learn how GMX referral codes are assigned, how trader discounts and affiliate rewards differ, current tier requirements and graduation rules.
4 min read
Checked July 26, 2026
Trading mechanics
Learn the costs and execution details that determine the result of a GMX position.
GMX fees explained
A plain-English breakdown of GMX position, borrow, funding, swap and execution costs, including the 10% PRO referral discount on eligible fees.
6 min read
Checked July 26, 2026
GMX order types explained
Learn how GMX market, limit, stop market, take-profit, stop-loss and TWAP orders trigger, execute and sometimes fail.
4 min read
Checked July 26, 2026
GMX liquidation and leverage
Understand GMX leverage, changing liquidation prices, minimum collateral, liquidation fees, stop-loss limits and practical ways to reduce risk.
4 min read
Checked July 26, 2026
GMX price impact vs slippage
Learn why GMX separates oracle slippage from net price impact, how open-interest balance affects execution and when TWAP can help.
4 min read
Checked July 26, 2026
Liquidity & token
Understand GM pools, GLV vaults, LP risk and the current GMX staking model.
GM pools and GLV explained
Understand GMX GM pools and GLV vaults, where LP yield comes from, how pool exposure works and the risks hidden by headline APY.
4 min read
Checked July 26, 2026
GMX token and staking
A current guide to GMX staking, fee buybacks, staking power, the 80% loyalty threshold, esGMX vesting and legacy GLP claims.
4 min read
Checked July 26, 2026
GMX tokenomics explained
Understand GMX token supply, allocation, governance, fee buybacks, staking power, the current reward pause and the risks token holders take.
4 min read
Checked July 26, 2026
GMX price outlook
A non-promotional GMX price outlook using supply, fee buybacks, staking, protocol activity, governance and risk factors instead of invented targets.
4 min read
Checked July 26, 2026
Risk & comparisons
Evaluate protocol risks and compare GMX with other perpetual trading venues.
Is GMX safe?
A sourced review of GMX security: wallet and margin custody, smart-contract, oracle, keeper, governance, leverage and liquidity risks.
5 min read
Checked July 26, 2026
GMX exchange review
An independent GMX crypto exchange review covering execution, fees, account modes, supported networks, liquidity, strengths and material risks.
5 min read
Checked July 26, 2026
GMX vs Hyperliquid
Compare GMX and Hyperliquid by execution model, current fee structure, order types, chain architecture, margin risks and trader fit.
6 min read
Checked July 26, 2026
GMX vs dYdX
Compare GMX and dYdX by execution model, fee structure, funding, chain architecture, margin, liquidity and the type of trader each may suit.
5 min read
Checked July 26, 2026
GMX alternatives
Compare GMX alternatives including Hyperliquid, dYdX, Jupiter Perps and Drift by execution model, chain, fees, liquidity and risk.
4 min read
Checked July 26, 2026
Data & developers
Use GMX APIs, contracts and public market data without guessing about units or freshness.
GMX API guide
Choose the right official GMX API for live prices, funding, open interest, historical trades, contract reads and transaction building.
6 min read
Checked July 26, 2026
Use the GMX API with Python
A read-only Python example for GMX market data, with correct 1e30 funding-rate conversion, pool selection, timeouts and validation.
5 min read
Checked July 26, 2026
Build a GMX trading bot safely
Architecture for a GMX trading bot: official market data, signal separation, transaction simulation, keeper execution, risk limits and monitoring.
5 min read
Checked July 26, 2026
GMX contract addresses
Verified GMX V2 DataStore, RoleStore, Reader and ExchangeRouter addresses for Arbitrum, Avalanche and MegaETH, with safe verification steps.
4 min read
Checked July 26, 2026