GMX is getting a ton of hype lately, and for good reason. Could this be the most undervalued token in all of DeFi?<br /><br />Let's take a look at what GMX is, information about its tokens, its valuation (and possible upside) as well as some major risks.<br /><br />DCF valuation notebook on Gumroad:<br /><br /><a href="https://brisketrib.gumroad.com/l/gmx-valuation-2022-09" target="_blank" rel="nofollow">https://brisketrib.gumroad.com/l/gmx-valuation-2022-09</a><br /><br />YouTube community exclusive discount code: ors31br (90% off, code only valid for first 10 people who use it --purchases support the channel and help us create more content!)<br /><br />Sources:<br /><br />GMX app/website - <a href="https://gmx.io/" target="_blank" rel="nofollow">https://gmx.io/</a><br />GMX documentation - <a href="https://gmxio.gitbook.io/gmx/" target="_blank" rel="nofollow">https://gmxio.gitbook.io/gmx/</a><br />GMX blog - <a href="https://medium.com/@gmx.io" target="_blank" rel="nofollow">https://medium.com/@gmx.io</a><br />GLP owners counter-trade platform traders - <a href="https://twitter.com/CompleteDegen/status/1567440334535147523" target="_blank" rel="nofollow">https://twitter.com/CompleteDegen/status/1567440334535147523</a><br />GMX token staking - <a href="https://gmxio.gitbook.io/gmx/tokenomics#staking" target="_blank" rel="nofollow">https://gmxio.gitbook.io/gmx/tokenomics#staking</a> <br />GMX rewards - <a href="https://gmxio.gitbook.io/gmx/rewards#summary" target="_blank" rel="nofollow">https://gmxio.gitbook.io/gmx/rewards#summary</a><br />GMX contract/centralization risk - <a href="https://twitter.com/BowTiedPickle/status/1532013919950082048" target="_blank" rel="nofollow">https://twitter.com/BowTiedPickle/status/1532013919950082048</a><br />GMX team rebuttal on contract/centralization issues - <a href="https://twitter.com/xdev_10/status/1532167238496976898" target="_blank" rel="nofollow">https://twitter.com/xdev_10/status/1532167238496976898</a><br />GMX traders could break the bank - <a href="https://twitter.com/apywizard/status/1565777258756935686" target="_blank" rel="nofollow">https://twitter.com/apywizard/status/1565777258756935686</a><br />GMX GLP risk rebuttal - <a href="https://twitter.com/crypto_condom/status/1565823098280153094?s=20&t=cBdw480epsFeDbIwHO2_iQ" target="_blank" rel="nofollow">https://twitter.com/crypto_condom/status/1565823098280153094?s=20&t=cBdw480epsFeDbIwHO2_iQ</a><br />GMX has no VC investors - <a href="https://twitter.com/benhwx/status/1565398041363853312" target="_blank" rel="nofollow">https://twitter.com/benhwx/status/1565398041363853312</a><br />GMX $1.5M funding - <a href="https://twitter.com/hansolar21/status/1491294385102737408" target="_blank" rel="nofollow">https://twitter.com/hansolar21/status/1491294385102737408</a><br /><br />BrisketRib Links:<br /><br />Substack (Email Newsletter) - <a href="https://brisketrib.substack.com/" target="_blank" rel="nofollow">https://brisketrib.substack.com/</a><br />Twitter - <a href="https://twitter.com/brisketr" target="_blank" rel="nofollow">https://twitter.com/brisketr</a><br />Gumroad (buy exclusive research and models) - <a href="https://brisketrib.gumroad.com/" target="_blank" rel="nofollow">https://brisketrib.gumroad.com/</a><br />BrisketRib DAO - <a href="https://brisket.finance" target="_blank" rel="nofollow">https://brisket.finance</a><br />Telegram - <a href="https://brisket.lol/telegram" target="_blank" rel="nofollow">https://brisket.lol/telegram</a><br />Live Streams - <a href="https://twitch.tv/brisketr" target="_blank" rel="nofollow">https://twitch.tv/brisketr</a><br />Live Stream Clips - <a href="https://www.youtube.com/channel/UCprz3hdHsYOVwq7PRajoJtw" target="_blank" rel="nofollow">https://www.youtube.com/channel/UCprz3hdHsYOVwq7PRajoJtw</a><br />Live Stream Recordings - <a href="https://www.youtube.com/channel/UC0wJLp9J164eigqQDFsPnjw" target="_blank" rel="nofollow">https://www.youtube.com/channel/UC0wJLp9J164eigqQDFsPnjw</a><br />...<br /><a href="https://www.youtube.com/watch?v=6LVHSCjg9N0" target="_blank" rel="nofollow">https://www.youtube.com/watch?v=6LVHSCjg9N0</a>