features and terms

GMX

GMX supports token swaps and perpetual positions against liquidity pools. The trading interface provides longs, shorts, limit orders and collateral controls.

Users connect their own wallets. Express mode can execute orders with gas paid in a selected payment token.

Open product

Open GMX · Web ↗

Official destination

Networks and actions

Network	Action	Interface	Asset access	Usage terms
Arbitrum	Perpetuals · Swap	Web	User controls keys	Available 2026-10-23
Avalanche	Perpetuals · Swap	Web	User controls keys	Available 2026-10-23
MegaETH	Perpetuals · Swap	Web	User controls keys	Available 2026-10-23

Operation costs

On most perpetual markets, opening and closing costs 0.04% of the position when a trade reduces long/short imbalance, or 0.06% when it increases it. TradFi markets have separate rates and trading hours.

Standard swaps cost 0.05% or 0.07% depending on pool balance; stablecoin and atomic swaps use other rates. Funding, borrowing and execution are separate.

Related ecosystems

Other terminals for this network

Terminal

Maestro

Buys a token from a pasted contract address. Beyond a manual trade it carries limit orders, auto-snipe, copytrade, signals and a bridge.

The fee is 1% on every buy and sell; transfers are not taxed. On Solana it is taken inside the same transaction, on other chains it accrues per Telegram account and is charged once unpaid fees pass the chain minimum. Keys: the documentation cites AES encryption, the Terms of Service say the provider retains the private keys.

Arbitrum

Open Maestro ↗ View details →

The Terms prohibit access from the United States, Canada and other locations on the provider’s restricted-location list.

Checked 2026-09-18

Terminal

Based

Buys a token from a pasted contract address. It carries copytrading, take-profit and stop-loss, limit orders, DCA and a sniper marked as EVM-only.

The fee is 1% per transaction. Keys: the bot provides the wallet, the documentation says the private key is not stored in clear.

Arbitrum

Open Based ↗ View details →

Checked 2026-09-18

Terminal

Cove

Trades off a single USDC balance on Solana and buys from a pasted contract address; buy and sell confirmations are off by default.

The fee is tiered: 1% on most chains, up to 2% on an Ethereum or HyperEVM buy, and Solana sells step from 10% down to 1%. Gas is sponsored up to $5 per trade and the bot asks for the surplus above that. Keys: the Privy-backed wallet is yours and the private key can be exported.

Arbitrum

Open Cove ↗ View details →

The Terms prohibit use from the United States, China and other listed jurisdictions, and prohibit using a VPN to get around that.

Checked 2026-09-18

Sources and verification

GMX overview — 2026-10-23
Trading fees — 2026-10-23
Referrals — 2026-10-23

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