GMX, one of the prominent decentralized Derivative trading protocols in the DeFi sector, recently launched on the Ethereum mainnet, marking a significant expansion beyond the Layer-2 ecosystems that have made the project famous. According to the announcement published on December 22nd, direct integration with the Ethereum Primary Network allows users to trade or provide liquidation directly on the mainnet, instead of having to go through intermediaries or solutions as before.
With this launch, Ethereum users can participate in the GMX ecosystem in two main ways: directly trading perpetual futures products or providing liquidation to the protocol to earn profits. Notably, the yield for LP is automatically reinvested, increasing profitability over time without manual intervention. Income comes from various fee streams within the system, including perpetual contract transaction fees incurred when opening, closing, lending, or liquidating positions, exchange transaction fees, and fees related to Mint and burning liquidation Token .
