GMTrade

GMTrade is a community-approved deployment of the GMX V2 codebase on Solana, bringing the battle-tested oracle-based trading model to a new chain. Launched in March 2025, it supports RWA perpetuals (forex, commodities, indices) alongside standard crypto pairs.

The platform offers 30 markets with up to 500x leverage — significantly higher than the original GMX V2's 100x cap — and uses the same fee structure of 0.04% maker and 0.06% taker. The higher leverage reflects a more aggressive approach to the established GMX model, catering to traders seeking extreme position amplification.

GMTrade's inclusion of RWA markets (forex, commodities, indices) alongside crypto pairs provides diversification opportunities within a single platform. The Solana deployment gives GMX V2's proven oracle model access to Solana's speed and lower costs.

As a community deployment rather than an official GMX launch, GMTrade carries its own risk profile distinct from the main GMX protocol on Arbitrum. Traders should evaluate the community team's track record and security practices independently.

GMTrade appeals to Solana traders who want the reliability of GMX V2's oracle-based execution model with access to RWA markets and higher leverage options than available on Arbitrum's original deployment.