GMX DAO Continues Buyback Program with 15,500 Tokens Acquired
GMX DAO Continues Buyback Program with 15,500 Tokens Acquired
💰 GMX buyback accelerates
GMX DAO Latest Buyback Activity
The GMX DAO acquired 15,500 GMX tokens for approximately $110,000 between April 22-28, 2026, at an average price of $7.10 per token.
Program Performance
- Total tokens repurchased (March 5 - April 28): 154,050 GMX
- Total spent: ~$990,000
- Blended average price: ~$6.43
Recent Trend
The latest purchase price of $7.10 represents an increase from previous weeks, where the DAO acquired tokens at $6.37 (April 15-21) and $5.90 (April 8-14). This ongoing buyback program demonstrates the DAO's commitment to token value management through systematic open market purchases.
The GMX DAO has purchased 18,650 $GMX for approximately $110,000, with an average price of about ~$5.90, between April 8 and 14, 2026. 🫐 - Program Total (Mar 5 – Apr 14): 124,420 GMX tokens have been reacquired for roughly $790,000, at a blended average price of ~$6.35 🔵 1/2
GMX DAO has reacquired 15,500 GMX tokens for approximately $110,000, at an average price of $7.10, between April 22–28, 2026. 🫐 Program Total (Mar 5 – Apr 28): 154,050 GMX tokens repurchased on the open market for ~$990,000, at a blended average of ~$6.43 🔵 $GMX
GMX Expands Energy and Precious Metals Trading Across Four Chains
**GMX has made its energy commodity and precious metals markets accessible across multiple blockchains**, now available on Arbitrum, Ethereum, BNB Chain, and Base. **Available Markets:** - WTI Crude Oil (WTIOIL/USD) - Brent Crude Oil (BRENTOIL/USD) - Natural Gas (NATGAS/USD) - Gold and Silver **Key Features:** - 24/7 trading availability, including weekends - Low fees: 12 basis points during market hours - High leverage: up to 100x on WTI and Brent, 40x on Natural Gas - Price data via [Chainlink Data Streams](https://x.com/GMX_IO/status/20476858805889845362/2) - Permissionless, transparent synthetic markets - Backed by WETH and USDC Traders can now react to geopolitical events and supply data in real-time through GMX's crosschain account system at [app.gmx.io](http://app.gmx.io).
GMX Launches MEGA/USD Perpetuals with 50x Leverage on Arbitrum and MegaETH
GMX has introduced **MEGA/USD perpetual contracts** on its first day of availability, accessible on both **Arbitrum and MegaETH** networks. **Key Features:** - Up to **50x leverage** for long or short positions - Pricing powered by **Chainlink Data Streams** for low-latency oracle feeds - Same oracle infrastructure supporting GMX's **100+ markets across 8 chains** The integration leverages MegaETH's **10ms block times** combined with high-speed Chainlink Data Streams to deliver real-time execution and reduced liquidation risk for traders.
GMX Launches on MegaETH's Terminal Points Program
GMX has integrated with **Terminal**, MegaETH's mainnet points program that maps the ecosystem and helps users discover key dapps. **Key activities earning points on GMX MegaETH:** - Trading perpetuals - Referring friends - Providing GLV liquidity with $USDM - Earning positive realized PnL All MegaETH users now automatically earn points for exploring and using GMX on the platform. This integration expands GMX's presence beyond its existing Arbitrum and Avalanche deployments.
GMX Expands RWA Trading with Energy Commodities on Arbitrum
GMX has launched perpetual futures for three major energy commodities on Arbitrum: - **WTI Crude Oil** (WTIOIL/USD) - **Brent Crude Oil** (BRENTOIL/USD) - **Natural Gas** (NATGAS/USD) These markets join the recently launched 24/7 GOLD and SILVER perps under the RWA category. All markets feature: - Low trading fees (2-4 basis points) - 24/7 availability, including weekends - Price data via [Chainlink Data Streams](http://app.gmx.io) - Cross-chain accessibility through GMX Account The platform continues expanding into global markets, offering permissionless access to real-world assets without requiring brokerage accounts or custody arrangements.