GMX DAO Continues Token Buyback Program with 15,360 GMX Reacquired
GMX DAO Continues Token Buyback Program with 15,360 GMX Reacquired
🔄 GMX buyback continues
Recent Activity (July 15-21, 2026)
GMX DAO reacquired 15,360 GMX tokens for approximately $100,000 at an average price of $6.51.
Program Performance Since March 5
- Total tokens repurchased: 371,940 GMX
- Total spent: ~$2,315,000
- Blended average price: $6.22 per token
Price Trend Analysis
The buyback program shows varying acquisition prices:
- July 15-21: $6.51 average
- July 8-14: $5.86 average
- July 1-7: $5.79 average
- Q2 2026 overall: $6.18 average
The DAO has maintained consistent buyback activity throughout the quarter, with the most recent purchases occurring at slightly higher prices compared to early July. The program demonstrates ongoing commitment to token value management through systematic market repurchases.
GMX DAO has re-acquired 15,360 GMX tokens for approximately $100,000 at an average price of ~$6.51, between July 15–21, 2026. 🫐 Program Overview (Mar 5 – Jul 21): A total of 371,940 $GMX were rebought for ~$2,315,000, at a blended average of ~$6.22 🔵
Over the last week (July 8–14), the GMX DAO has repurchased 22,190 $GMX for ~$130,000 at an average of ~$5.86 🫐 Program Total (Mar 5 – Jul 14): 356,580 GMX tokens have been reacquired for ~$2,215,000 at a blended average of ~$6.21 🔵
GMX DAO reacquired 20,740 $GMX for approximately $120,000 (average price ~$5.79) between July 1 and 7, 2026.🫐 Total for the Program (Mar 5 – Jul 7): Overall, 334,390 GMX tokens have been purchased for around $2,085,000, representing a blended average price of about $6.24 🔵
2/ 📊 GMX DAO Buyback — Q2 2026 Recap During this entire quarter, GMX DAO has reacquired 228,030 GMX tokens for around $1,410,000, at a blended average price of approximately $6.18 per token. $GMX
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