GMX, the leading perpetual exchange, has taken a major step forward in its mission to revolutionize decentralized trading infrastructure. The platform has launched on MegaETH, a blockchain that boasts 10-millisecond block times, making it one of the fastest in the industry.
This launch marks a significant milestone for GMX, as it brings its proven liquidity architecture to the first real-time blockchain. The platform's integration with MegaETH enables traders to access deep liquidity and leverage up to 50x on popular markets such as BTC/USD, ETH/USD, and SOL/USD.
The launch of GMX on MegaETH also introduces a new feature: the GLV: [USDM/USDM] vault, which allows users to deposit USDm and earn auto-compounded yield from perp trading fees, swap fees, and buy/sell fees. This is a unique opportunity for capital-conservative participants to earn yields without exposure to crypto's volatility.