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imx Impermax [OLD] #3790
0.00 USD 0.00% 0.00
DAY RANGE
Circulating supply 49.6M
Total supply 100M
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imx Price

Current Price 0.00 USD
Price Change 24H 0.00 USD
Price Change 24H 0.00%
Price Change 7D 0.00%
Price Change 14D 0.00%
Price Change 30D 0.00%
Price Change 60D -64.82%
Price Change 1Y -99.90%
Market Cap Change 24H 0
Market Cap Change 24H 0.00%
All time high (ATH) 2.52 USD
ATH Change -100.00%
ATH Date 2021, May 03

imx Markets

Uniswap (v2)
0X7B35CE522CB72E4077BAEB96CB923A5529764A00/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2
Last price: 0.00 USD
Last price: 0.00 0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2
Spread: 1.44%
24H Volume:
65.7 USD

* Anomaly - Trading price is an outlier against the average

** Inactive - No trades in the last 3 hours

Impermax [OLD]

Impermax is a DeFi lending platform that lets Uniswap liquidity providers use their LP tokens as collateral for permissionless loans. This potentially unlocks billions of dollars locked in LP token contracts that are otherwise unusable.

These LP token backed loans can be used for trading, staking, or other purposes, but the most interesting case is to use loans to increase one's liquidity providing position. This allows yield farmers to multiply returns many times without adding any additional funds of their own. This is called leveraged yield farming, and it's what Impermax is designed for. A leveraged yield farmer can multiply their Uniswap yields up to 20 times, (although leverage comes with increased risk of impermanant loss.)

IMX token holders control governance, profits, and reserves generated by interest and fees on the Impermax lending platform.

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