GMX Decentralized Exchange Sees Massive User Growth
GMX Decentralized Exchange Sees Massive User Growth
馃殌 User Boom at GMX
The GMX decentralized exchange protocol, powered by dappOS V2, has attracted over 30,000 new traders, fueling significant growth in its user base. The platform offers risk-free trading with 'all in' vouchers and currently provides an annual percentage rate (APR) of up to 22% for its GLP token on the Avalanche ecosystem. The GMX team hints at more exciting developments on the horizon, encouraging users to stay tuned.
TON-GMX Perp DEX Competition Winners Announced
The TON Foundation and GMX have announced winners of their Perpetual DEX development competition aimed at advancing DeFi innovation. **Winners:** - Storm Trade (@storm_trade_ton) secured 1st place for outstanding architecture and native TON integration - Tradoor (@tradoor_io) and TON Hedge (@tonhedge) tied for 2nd place Winners will receive advisory support from GMX and leading DeFi builders. The competition leveraged GMX's expertise in Perp DEX systems while promoting advancement of public blockchain trading. [Full results available here](https://blog.ton.org/ton-gmx-competition-results)
GMX Power Users Eligible for Brahma Imprint NFT Level Boost
Brahma Finance announces a new reward for active GMX users - an instant +1 Level Unlock on their Brahma Imprint NFT. This follows similar recent promotions for users of Ambient and Bebop protocols. - Eligibility check available at [imprint.brahma.fi](http://imprint.brahma.fi) - Level boost is instant upon qualification - Part of ongoing Imprint Day initiatives This reward recognizes dedicated users of the GMX decentralized exchange protocol, adding value to their existing Brahma Imprint NFT collection.
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.