BMX

BMX by Morphex offers two types of decentralized perpetual exchanges, enabling increased capital efficiency for liquidity providers and a feature-abundant experience for traders. BMX’s “Classic” market offers a standard GMX-style experience enabling the acquisition of BMX-Liquidity-Token (BLT), our equivalent of GLP. BMX’s “Freestyle” market utilizes the cutting-edge intents-based technology of SYMMIO to unleash access to 200+ tradeable assets with up to 60x leverage. This unique design directs revenue from both trading markets to BLT and BMX holders. Traders and liquidity providers can earn stackable yield on their deposited collateral/liquidity through BMX’s innovative asset: wBLT. wBLT auto-compounds BLT liquidity rewards, removing the need to manually claim yield for the user. Then, it can be utilized as a collateral asset, to borrow stables or other bluechip assets against it while continuing to earn yield. wBLT can also be utilized as a pool2 paired asset, enabling stackable yield for the user, from both perpetual markets in addition to pool-2 liquidity rewards! Whether you’re a trader or liquidity provider, take a moment to read through our docs, join our Discord, and check us out!