5th Fluid Trading Contest: $35,000 in Rewards Up for Grabs
5th Fluid Trading Contest: $35,000 in Rewards Up for Grabs
GMX_IO's 5th Fluid Trading Contest is set to run from March 3rd to March 16th, featuring a total prize pool of $35,000. Participants earn points based on trading volume and profit percentage, with no risk of losing points due to liquidations. The contest includes three volume categories - Crustaceans, Dolphins, and Whalers, each with varying prize pools. Traders of all sizes are encouraged to participate to be rewarded for both trading volume and profitability.
Mo money, Less problems 馃 Our 5th Fluid Trading Contest will be running from March 3rd 7PM UTC until March 16th 7PM UTC.馃挵 With great volume comes great rewards. Due to an ever growing list of competitors we're upping the prizes as well! This time we're giving out a whopping
GMX Launches MNT/USD Perpetual Market on Arbitrum
GMX has introduced a new MNT/USD perpetual swap market on Arbitrum, powered by Chainlink Data Streams. Key features: - Trade directly from self-custody wallets - Up to 50x leverage with reduced liquidation risks - Synthetic market backed by WETH-USDC pool - 63% fee share for liquidity providers The market integrates with GLV [WETH-USDC], GMX's auto-optimizing liquidity vault that automatically allocates funds to high-performing pools. Trade or provide liquidity at [app.gmx.io](http://app.gmx.io)
GMX DAO Finalizes GLV Token Distribution Plan with USDC Option
The GMX DAO has confirmed plans to distribute GLV tokens with Treasury support and a $500k retention incentive. Users have a limited-time option to receive USDC instead of GLV tokens. Key points: - Claiming interface is being completed - Users can opt for USDC by sending a zero-value transaction to GMX DAO Treasury before Sunday - Full details available on [Governance forum](https://gov.gmx.io/t/glp-distribution-option-to-receive-usdc-instead-of-glv/4729) This follows the recent community vote on Snapshot regarding the distribution of recovered Arbitrum GLP funds.
GMX Revenue Surge Leads to Delayed Token Buybacks
GMX experienced a significant revenue increase, causing its buyback-and-distribute contract to face processing delays. The remaining balance will roll over to future weekly epochs for distribution to GMX holders. Key points: - Buyback process is fully transparent and verifiable on-chain - Affects both Arbitrum and Avalanche networks - Contract addresses: - Arbitrum: [View on Arbiscan](https://arbiscan.io/address/0x7EB417637a3E6d1C19E6d69158c47610b7a5d9B3) - Avalanche: [View on Snowtrace](https://snowtrace.io/address/0x1A3A103F9F536a0456C9b205152A3ac2b3c544902)
GMX Rolls Out Stop Market Orders and Enhanced Trading Features
GMX has implemented several key trading improvements: - Added Stop Market Orders support - Enabled chart-based drag & drop order editing - Optimized swap routing for spot and perpetual trades - Enhanced Trade UI with new dropdowns and clearer chart headers - Improved mobile experience with 24h volumes and position cards - Updated number formatting with k, m, b suffixes - Enhanced depth charts and PnL analysis - Clarified network fee calculations For feedback or support: [Telegram](https://t.me/GMX_IO) [Discord](https://discord.gg/H5PeQru3Aa) Learn more about GMX's 2025 roadmap on their [blog](https://gmxio.substack.com/p/gmx-development-plan-for-2025)
GMX Releases TypeScript and Python SDKs for Developer Integration
GMX has launched new Software Development Kits (SDKs) in TypeScript and Python, enhancing its trade and earn functionality integration capabilities. Key Features: - Read functions for markets, positions, tokens, orders, and trade history - Write functions for order management and creation - Battle-tested infrastructure ready for immediate implementation The protocol welcomes community contributions and actively seeks feedback for improvements. Developers can access documentation at docs.gmx.io/docs/api/sdk-v2. **Integration Made Simple** Start building on GMX's proven infrastructure today with comprehensive SDK support.