GMX Introduces Drag-and-Drop Order Editing on Desktop Charts
GMX Introduces Drag-and-Drop Order Editing on Desktop Charts
馃幆 Drag Orders Like It's 2025
GMX has launched a new drag-and-drop feature for editing orders directly on trading charts. The functionality works with all resting orders including Take Profit, Stop Loss, Limit, and Stop Market orders.
This update follows recent improvements including:
- Depth Charts for all markets
- New trading pairs (SONIC, AIXBT, CAKE, and others)
- Stop Market order implementation
- Redesigned Tradebox with improved UX
Desktop only feature: Mobile users will continue using Edit and Cancel icons due to screen size limitations.
Try it now at GMX Trading Platform
New functionality is being introduced for traders: 馃敻Edit orders directly on the charts using 'drag and drop' This functionality is available for all resting orders (Take Profit, Stop Loss, Limit, and Stop Market) when using GMX on a desktop computer. 1/2
The following updates were completed by GMX's development contributors over the past weeks: 馃敻 Depth Charts are now available for all markets, allowing users to visualise the deep liquidity of GMX. Helpful tooltips about price impact and execution pricing have also been added
By popular demand, a new order type for traders is now live on #GMX: 馃敻"Stop Market" This order type allows you to set a resistance price point as a trigger, and automatically activate a stop-market order if that resistance level is breached.
GMX V1 GLP Pool Exploit Update: V2 Confirmed Safe, Investigation Ongoing
A $40M exploit of GMX V1's GLP pool on Arbitrum has been confirmed to be specific to V1's short average price calculation mechanism. **Key updates**: - GMX V1 trading, GLP minting, and redemption disabled on Arbitrum and Avalanche - GMX V2 remains unaffected but has restricted minting in most liquidity pools as precaution - Core team and security partners conducting investigation - Post-mortem analysis pending completion of investigation **Actions for V1 forks**: - Disable leverage via Vault.setIsLeverageEnabled(false) - Set maxUsdgAmounts to 1 using Vault.setTokenConfig Stay tuned for further updates on restriction lifting and detailed incident report.
GMX Launches on Botanix: Bitcoin DeFi with Self-Custody Trading
GMX has launched on Botanix, a Bitcoin Layer 2 blockchain, enabling self-custody BTC trading and yield opportunities: - Users can long/short Bitcoin using staked BTC (stBTC) as collateral - Available tokens include native BTC, wrapped pBTC, stBTC (earning 50% of network fees), and USDC.e - Liquidity providers can earn dual yields through stBTC or stBTC/USDC.e pairs - Bridge access available from Bitcoin and EVM chains Trading and liquidity provision can be accessed at [GMX on Botanix](http://app.gmx.io)
GMX June 2025 Updates Roundup
GMX announces several major platform developments in June: - **GMX Express Launch**: New feature eliminates gas top-ups and reduces wallet interactions - **Enhanced LP Opportunities**: New analytics show strong performance for GM and GLV - **Botanix Integration**: Now supporting Bitcoin trading and earning with self-custody - **New Markets**: Added support for Curve, Pi, Moodeng, and Monero trading - **Education Initiative**: Launched comprehensive builder curriculum on Updraft - **AI Competition**: Hosting Code vs Coin competition for AI trading agents Platform reaches significant milestone in total trading volume while expanding ecosystem features and educational resources. [Learn more](https://gmxio.substack.com/p/markets-for-monero-moodeng-pi-and)
GMX Launches Solana Trading Competition with Zero Fees
GMX has launched its first-ever Solana Trading Competition, offering participants zero-fee crypto trading and a chance to win from an expanding prize pool. This follows their successful #EIP4844 Trading Competition on Arbitrum which concluded with a 140,000 ARB prize distribution. - Competition now live at [gmxsol.io/competition](https://gmxsol.io/competition) - Features zero trading fees - Growing prize pool structure - Previous competition winners have received their rewards *This marks GMX's expansion into the Solana ecosystem, adding to their existing presence on Arbitrum and Avalanche.*
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)