GMX Launches Chinese Twitter Account and Incentives for Binance Web3 Wallet Users
GMX Launches Chinese Twitter Account and Incentives for Binance Web3 Wallet Users
🔥 New Rewards, New Language
GMX, a decentralized exchange protocol, has announced the launch of a Chinese-language Twitter account to provide news updates in Chinese. Additionally, GMX is incentivizing Binance Web3 Wallet users to try out its platform by completing six tasks designed to familiarize them with on-chain trading. The GMX dApp is integrated into the Binance Web3 Wallet, allowing users to trade on GMX seamlessly. This initiative aims to introduce millions of Binance Web3 Wallet users to GMX and the vast DeFi ecosystem on Arbitrum, where numerous opportunities are available, and on-chain execution fees are currently low.
Dear community members, a Chinese-language GMX Twitter account is now available. Please follow it, if you prefer to receive GMX news updates in Chinese: 亲爱的社区成员们，GMX的中文Twitter账号已经成立。如果您希望收到有关GMX的中文最新消息，请关注： ✅ x.com/GMXCNofficial
LayerZero Selected as GMX's Messaging Infrastructure Provider
GMX DAO has concluded its governance vote, selecting LayerZero as the preferred messaging infrastructure provider for GMX Multichain deployment. This decision follows a comprehensive selection process that included: - Community Q&A sessions with potential partners - Detailed proposal presentations - Open forum discussions The selection marks a significant step in GMX's multichain expansion strategy. The voting process demonstrated strong community engagement through Snapshot voting. [View complete voting results](https://snapshot.box/#/s:gmx.eth/proposal/0xc0fa577853fa0d066e876a4df3cf8ae7302c60b68f1f13675821dbf5d2acac1b)
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.
GMX Receives Arbitrum Security Grant for Protocol Enhancements
GMX has been awarded a grant from the Arbitrum Security Subsidy Fund to strengthen its protocol security and expansion plans. The grant will support three key initiatives: - Security audits for implementing Gasless Transactions - Audits for GMX Multichain expansion - Smart contract security reviews for Cross Margin implementation This development follows GMX's successful first wave of grants that supported 22 projects. The protocol currently serves as a foundational liquidity layer for Arbitrum, with nearly 100 DeFi projects integrated. *Key collaborators include Areta, Axis Advisory, and Daimon Law.*