Protocol information

BMX by Morphex is a decentralized perpetual exchange focused on bringing the highest capital efficiency to liquidity providers.

Category:Derivatives

Forked from:GMX V1

Token Information

Fantom address:0x66eed5...0657ebView on FTMscan

Methodology

Fees: Fees from open/close position (0.1%), liquidations, swap (0.2% to 0.8%), mint and burn (based on tokens balance in the pool) and borrow fee ((assets borrowed)/(total assets in pool)*0.01%)

Revenue: Governance revenue is 30% of all collected fees, which are distributed to BMX/wBLT LP stakers