# Impermax (IMX)

> 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. 

## Price Data

- **Current Price**: N/A
- **Market Cap**: N/A
- **Fully Diluted Valuation**: N/A
- **Circulating Supply**: 49.62M IMX
- **Total Supply**: 114.29M IMX

## Price Changes

- **24h**: N/A
- **30d**: N/A
- **90d**: N/A
- **365d**: N/A

## Chain Availability

Available on: arbitrum, avalanche, ethereum, polygon

## Resources

- [Website](https://impermax.finance/)
- [Discord](https://discord.com/invite/XN739EgG4X)
- [Coingecko](https://www.coingecko.com/en/coins/impermax)

## Links

- [View on Zerion](https://app.zerion.io/tokens/IMX-0x7b35ce522cb72e4077baeb96cb923a5529764a00)
- [Trade on Zerion](https://app.zerion.io/tokens/IMX-0x7b35ce522cb72e4077baeb96cb923a5529764a00)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset