GMX Community News: Rage Lottery for New GMX_IO v2 Users on Rage

**GMX DAO Buyback Update** The GMX DAO has purchased an additional 16,250 $GMX tokens for approximately $111,000 between March 11-17, 2026, at an average price of $6.83 per token. **Program Totals:** - Total tokens re-acquired (March 5-17): 29,780 GMX - Total spent: ~$200,000 - Blended average price: $6.72 per token This marks the continuation of GMX's systematic token buyback program, with the DAO steadily accumulating tokens from the market at relatively consistent price points throughout March.

**GMX has deployed a strategic buy-wall floor at $5 per token, backed by 1 million GMX tokens from the Treasury.** The initiative runs from March 18-25 and represents the next phase of GMX's 'Strategic Plan to Restore Price Discovery.' Key developments include: - **Liquidity consolidation successfully completed** - **GMX buybacks now operating continuously on centralized exchanges (CEXs)** - **$5 floor price protection active across both onchain and CEX venues** If GMX trades at or below $5.00, automatic buy orders will execute across multiple platforms. An iceberg order is currently active on CEXs, with additional support ready if needed. **Funding & Governance:** Funds were authorized through a Tally vote and are secured in GMX's multi-sig wallet that manages Protocol-Owned Liquidity. The buy-wall aims to absorb supply pressure while potentially accumulating GMX at favorable prices. Full details: [GMX Governance Forum](https://gov.gmx.io/t/buy-wall-floor-deployment-march-18-25-epoch/5062)

GMX has deployed a **1 million token buy wall at $5** to stabilize its token price during the March 18-25 epoch. **Key Details:** - The buy wall will automatically trigger purchases if GMX trades at or below $5 - Execution occurs across both centralized exchanges (CEXs) and on-chain venues - Funds were approved through a Tally governance vote and secured in the protocol's multi-sig wallet - An iceberg order is currently active on CEXs This initiative follows the successful completion of liquidity consolidation from GMX's strategic plan to restore price discovery. The protocol has also shifted its ongoing buyback operations to centralized exchanges. The buy wall aims to absorb excess supply pressure while potentially allowing the treasury to accumulate GMX at favorable prices. More information is available on the [GMX governance forum](https://gov.gmx.io/t/buy-wall-floor-deployment-march-18-25-epoch/5062).

GMX has launched a governance vote to elect members for its **Security Council Season 4**. **What the Security Council does:** - Reviews protocol upgrades - Oversees timelock transactions - Provides governance feedback on risk matters Community members can now cast their votes for preferred candidates through the official Snapshot portal. [Vote now on Snapshot](https://snapshot.box/#/s:gmx.eth/)

GMX has launched a new performance-focused trading infrastructure with three key features: - **Chainlink Data Streams integration** for provably fair, sub-second price updates - **GMX Express** to ensure onchain orders execute even during network congestion - **1-Click Trading** for seamless, flow-state trading experience The platform aims to bridge the gap between centralized exchange speed and decentralized trust. The infrastructure is designed to serve day traders who need fast execution while maintaining the security and transparency of onchain trading. This builds on GMX's existing foundation, which includes perp-optimized Chainlink Data Streams, risk parameters managed by ChaosLabs Edge Risk Oracle, and user-provided liquidity from over 45,000 LPs earning from three fee sources.