The Avalanche Foundation launched a $4 million incentive program for the decentralized exchange platform GMX. The grant is part of Avalanche Rush’s $180 million liquidity incentive plan, which aims to grow the DeFi ecosystem on Avalanche. $4 million worth of AVAX tokens will be distributed over a time frame of several months, supporting GMX and the partner platform built on top of GMX. Partner platforms include exchanges TraderJoe, YieldYak, and Dopex. This incentive program offsets some of the risks associated with providing liquidity on GMX and enables the partner protocol to build new types of products on top of the revenue model used by GMX. GMX is a decentralized exchange offering spot and perpetual futures contracts on Avalanche and Arbitrum. the