GMX Launches Deep Liquidity Perpetual Trading on Ethereum Mainnet
GMX Launches Deep Liquidity Perpetual Trading on Ethereum Mainnet
šÆ Deep liquidity arrives
GMX has expanded its perpetual trading platform to Ethereum Mainnet, addressing a gap in DeFi's predominantly lending and staking-focused ecosystem.
Key Features:
- 100+ trading markets including cryptocurrencies and commodities (gold, silver, oil, natural gas)
- Leverage up to 100x
- Deep onchain liquidity for perpetual contracts
Partnership Highlight: GMX serves as the primary execution venue for Doji, an onchain prop trading platform. Doji provides traders with capital for larger positions, with shared profit payouts. Five free evaluation accounts are reserved for GMX community members.
The platform already supports over 1.3 million Base users with cross-chain execution under one second. Learn more at app.gmx.io or join Doji's community at discord.gg/H6ysz2Nsav.
GMX serves as a primary execution venue for onchain prop trading platform Doji, bringing the liquidity depth that funded trading requires. 5 free evaluation accounts are reserved for GMX community members. Reply below or DM one of the Telegram moderators to apply. 1/2 ā¬ļø
Launch Day Doji's private alpha (invite only) is now live on @Arbitrum. We're going live with @GMX_IO and @Ostium to bring real prop trading onchain. Trade with our capital, the way you already trade on perp dexes. ā app.dojifunded.com
Most @Ethereum DeFi activity flows through lending and staking. GMX brings something to Mainnet that's been largely missing: deep, onchain perp trading. 100+ markets, including gold, silver, oil, and natural gas. Up to 100x leverage. ā¬ļø
As a perp trader, Doji will provide you with capital to take larger positions, with profits shared on payout. Execution runs on GMX's 100+ crypto and commodity markets (including Gold, Silver, Oil & Natural Gas). To learn more about Doji's prop trading model, say hi in their
GMX Sponsors Arbitrum Open House London with $415K Prize Pool
GMX has announced its official sponsorship of the Arbitrum Open House in London, featuring a substantial $415,000 prize pool for participants. **Event Details:** - **Dates:** July 10-12 (in-person), with a 3-week online Buildathon starting May 25th - **Location:** London - **Focus:** DeFi perpetuals trading and builder tooling **What Participants Can Expect:** - GMX contributors will be on-site to provide hands-on guidance - Technical workshops on DeFi Perps - Access to builder tools and infrastructure - Mentoring from the Arbitrum ecosystem - Opportunity to take projects from concept to mainnet **Competition Structure:** Early-stage teams can join the online Buildathon phase before competing for prizes and potential entry into the in-person Founder House in London. Applications are now open at [openhouse.arbitrum.io](http://openhouse.arbitrum.io/?utm_source=twitter&utm_medium=social&utm_campaign=oh-london-buildathon)
GMX Expands RWA Trading with Energy Commodities on Arbitrum
GMX has launched perpetual futures for three major energy commodities on Arbitrum: - **WTI Crude Oil** (WTIOIL/USD) - **Brent Crude Oil** (BRENTOIL/USD) - **Natural Gas** (NATGAS/USD) These markets join the recently launched 24/7 GOLD and SILVER perps under the RWA category. All markets feature: - Low trading fees (2-4 basis points) - 24/7 availability, including weekends - Price data via [Chainlink Data Streams](http://app.gmx.io) - Cross-chain accessibility through GMX Account The platform continues expanding into global markets, offering permissionless access to real-world assets without requiring brokerage accounts or custody arrangements.
GMX Launches Gold Trading with Bitcoin Collateral Across Six Chains
GMX has introduced a new **XAUT/USD perpetual market** for trading Tether Gold with up to **25x leverage**. **Key Features:** - Available across **six blockchains**: Arbitrum, Ethereum, Base, BNB Chain, Solana, and Avalanche - Backed by **BTC-USDC liquidity**, allowing traders to use Bitcoin as collateral - Enables simultaneous exposure to both gold and Bitcoin price movements This synthetic perpetual contract expands GMX's asset offerings beyond traditional crypto markets. The cross-chain functionality allows users to trade from their preferred network while settling on Avalanche. The market uses XAUT, Tether's gold-backed token where each token represents physical gold reserves. Two liquidity pools support trading: a single-asset XAUT pool and a dual-asset XAUT-USDT pool. Traders can now access precious metals exposure while maintaining crypto collateral positions.
š GMX Expands Multichain
**GMX accelerates multichain expansion** in Q4, bringing its decentralized trading infrastructure to major networks including: - Base - BNB Chain - Ethereum Mainnet - Additional EVM chains The protocol maintains its **core value proposition**: - Decentralized infrastructure - Oracle-based pricing reliability - Transparent, fair markets **Key improvements** include UX optimizations and horizontal scaling without liquidity fragmentation. With over **$330 billion in trading volume** from 728,000+ users, GMX's expansion preserves decentralization while scaling sustainably across the ecosystem.