GMTrade launches 24/7 trading for commodity markets
GMTrade now offers round-the-clock trading of commodity markets, including Gold and WTI crude, so they trade even at 3am Sunday or on holidays. The markets are backed by Chainlink Data Streams RWA pricing.
- Commodity markets follow the same 24/7 availability as crypto perps on GMX's GMTrade app
- Pricing relies on Chainlink's RWA Data Streams
GMX
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.
