GMX July app update adds smart wallet and one-click trading
GMX shipped two significant app updates in July. Highlights include smart wallet support for Express and one-click trading, clearer swap routing, and GMX as an installable app.
The update also added passkey login options, in-app card funding with Apple/Google Pay, shareable performance cards, and cheaper TP/SL closes.
GMX
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The GMX is a decentralized exchange protocol that deployed on two EVM chains, Arbitrum and Avalanche. The utiitty and governance token for its Arbitrum ecosystem is GMX, which generates 13% APR for the users. On the other hand, the token for the Avalanche ecosystem is GLP, which gives around 21% APR. GMX also has an API for developers to tap into its infrastructure.