Data: GMX's average transaction fee in the past seven days reached 700,000 USD, ranking third among all applications

According to ChainCatcher news and CryptoFees data, the average fees (protocol fees) of the derivatives protocol GMX over the past seven days ranked third among all applications, at approximately $700,000, surpassing top applications like ENS and Curve.

GMX is a leading derivatives protocol in the Arbitrum ecosystem, supporting low swap fees and zero price impact trading. Trades are supported by a multi-asset pool, earning liquidity provider fees through market making, swap fees, and leveraged trading. (source link)