GMX Governance Proposal: GMSOL or GMX-SOLANA?
GMX Governance Proposal: GMSOL or GMX-SOLANA?
馃殌 GMX's Solana Dilemma
A new governance proposal is currently active on Snapshot for GMX tokenholders. The proposal, titled GMSOL or GMX-SOLANA? Decide, then Sail, invites community members to participate in a crucial decision-making process.
Key points:
- Proposal is live on Snapshot
- Tokenholders are urged to review and vote
- Voting link: https://snapshot.org/#/gmx.eth
This proposal appears to be related to GMX's potential expansion or rebranding on the Solana blockchain. The community's decision could significantly impact the project's future direction.
Call to Action: GMX tokenholders, review the proposal and cast your vote now to shape the future of the protocol.
A new Governance proposal is now live on Snapshot: 馃敻 "GMSOL or GMX-SOLANA? Decide, then Sail" Tokenholders, please review the proposal and cast your vote now: snapshot.org/#/gmx.eth
GLV [USDC] Launches on GMX-Solana
GMX has expanded its Liquidity Vault offerings with the launch of GLV [USDC] on Solana. This new vault enables stablecoin holders to participate in LP activities with reduced complexity and risk. Key features: - Single-asset entry with USDC - Exposure to LP yields without price volatility - Automated liquidity optimization - Simplified participation for stablecoin holders This follows the successful deployment of GLV [BTC-USDC] and GLV [WETH-USDC] vaults, with the latter accumulating over $17M in liquidity within its first week.
GMX Expands Multi-Chain Presence with New Deployments and Integration
GMX continues to strengthen its position as a leading permissionless perpetual exchange across multiple blockchains: - Currently live on Arbitrum, Avalanche, and Solana - Planning expansion to Berachain, Base, and BNB Chain - Integration with LayerZero Core to enable cross-chain access to existing liquidity pools - New hybrid deployment approved on Botanix Labs' Spiderchain (Bitcoin L2) The platform currently processes billions in trading volume, backed by ~$426M in liquidity. Users can access: - Low-fee trading with quick execution - Trading and liquidity incentives across chains - New single-sided liquidity pools on Avalanche - Advanced trading alerts and notifications [Trade on GMX](http://app.gmx.io)
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.