The Key Factor #011 - GMX

Factor

Mar 31 2023 • 23 mins

In this episode of The Key Factor, we'll be talking with one of our partners, GMX⁠. GMX is an on-chain perpetual swap exchange that operates in a decentralized and permissionless manner. It enables traders to easily trade cryptocurrencies by simply connecting their wallets. The platform also includes a native token called $GMX, which serves as a governance, utility, and value-accrual token for the GMX protocol. We'll be discussing their current stage of development, what's to come, and how Factor DAO plans to collaborate along the way.

⁠Factor ⁠acts as the backbone of the DeFi hyperstructure, integrating various protocols, services, and users through secure, interoperable, and scalable liquidity management. As a middleware hub, Factor enables seamless transfer of assets and efficient liquidity management across the decentralized finance ecosystem.

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GMX Website: https://gmx.io/#/

Factor Website: https://factor.fi/