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
Methodology
TVL: BMX liquidity is calculated by the value of tokens in the BLT pool.
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