GMX Completes V2.1 Contract Updates, Awaiting Audit
GMX Completes V2.1 Contract Updates, Awaiting Audit
馃敀 Audit Incoming, GMX Updates
GMX's development contributors have completed a series of updates to the GMX V2.1 contracts, including enhanced token selection UX, support for Chainlink Data Streams on Avalanche Fuji, inclusion of borrowing fees in GM APR, a shift feature for zero-fee liquidity movement between pools, atomic withdrawals, Kink model borrowing rate option, deployment of the GMX DAO contract, deposit caps in USD, support for positive swap price impact, and avoidance of double swaps for reward token selection. However, these updated contracts will only be deployed after undergoing an audit scheduled to begin next week.
GMX's dev contributors have completed the following GMX V2.1 contract updates over the last weeks: 馃敼 Enhanced the token selection UX 馃敼 Deployed contracts with new timestamp-based Chainlink Data Streams support on Avalanche Fuji for testing 馃敼 Included pending borrowing fees in
GMX Scales from 4 to 100+ Markets, Now Listed on CoinGecko
**GMX achieves major milestone** with its perpetual markets now featured on CoinGecko, highlighting the DEX's impressive scaling journey. **Key growth metrics:** - Expanded from just 4 GLP markets to **100+ GM markets** - Started on Arbitrum & Avalanche, now supports Solana - Enables trading from **all EVM chains** **Multi-chain presence:** - Over 1.3 million Base users have access - 90+ perpetual markets and 23 spot markets live - Cross-chain trades execute in **under one second** The CoinGecko listing provides transparency into GMX's market data across its supported networks. Users can view detailed information about the platform's perpetual markets on both [Arbitrum](https://www.coingecko.com/en/exchanges/gmx-perpetuals-v2-arbitrum) and [Avalanche](https://www.coingecko.com/en/exchanges/gmx-perpetuals-v2-avalanche). This development showcases GMX's evolution into a truly multichain protocol, making decentralized perpetual trading accessible across the broader crypto ecosystem.
stBTC Token Launches on Botanix Labs for GMX Trading
**stBTC token now available** on Botanix Labs, offering BTC yield backed by network economic activity. **Key features:** - Use as liquidity provision on GMX - Functions as margin that generates additional BTC returns - Built on Bitcoin-native infrastructure **GMX integration** enables leverage trading and yield opportunities secured by the Bitcoin network. The platform previously added a BTC/USD liquidity pool using pBTC (Botanix's bridged BTC). **pBTC tokens** can be redeemed for native BTC on Bitcoin Mainnet, providing direct Bitcoin exposure through the Botanix blockchain. This development expands Bitcoin DeFi options by combining GMX's trading infrastructure with Botanix's Bitcoin-backed yield generation.
Arbitrum's DeFi Renaissance Program Epoch 3 Launches with Dolomite Incentives
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Dolomite Integrates GMX Liquidity Tokens for Advanced Trading Strategies
**Dolomite's money market now supports GMX's liquidity tokens**, including $GLV, enabling sophisticated trading approaches. Key features available: - **Looping strategies** for leveraged exposure - **Delta-neutral strategies** for market-neutral positions - Support for **wide range of GMX tokens** This integration builds on Dolomite's previous support for GMX V2's $GM tokens as collateral, expanding options for traders seeking advanced DeFi strategies. *Performance analysis data available for strategy evaluation.*
GMX Community Votes on Season 3 Listing Committee Election
GMX has launched a governance proposal for its **Season 3 Listing Committee Election** on Snapshot. The community will elect a **3-member committee** responsible for: - Managing new asset listings on GMX - Ensuring streamlined listing processes - Maintaining protocol standards This follows previous governance initiatives that established GMX's Security and Governance Committees in October 2024. **Vote now**: [GMX Snapshot](https://snapshot.org/#/gmx.eth/) Your participation helps shape GMX's future asset offerings and maintains decentralized governance.