GMX Participates in Arbitrum DeFi Roundtable
GMX, a decentralized exchange protocol deployed on Arbitrum and Avalanche, joined a roundtable discussion with representatives from Curvance, Radiant, Camelot, Pendle, and Arbitrum itself. The discussion focused on the DeFi ecosystem on Arbitrum. GMX's utility and governance token for its Arbitrum ecosystem is GMX, which generates 13% annual percentage rate (APR) for users. The token for its Avalanche ecosystem is GLP, offering around 21% APR. GMX also provides an API for developers to integrate with its infrastructure.