In tandem with the new market-making fund, GMX published a proposal outlining everything it is building next across the protocol. The roadmap includes cross-collateral and cross-margin trading, a new USDG-based LP product line, market groups, net open interest, and RFQ-based trading.
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.