GMX Launches MKR/USD Perpetual Market
GMX Launches MKR/USD Perpetual Market
馃幆 MakerDAO Meets Leverage
GMX has launched a new synthetic perpetual swap market for MakerDAO's MKR token. Key features include:
- Up to 50x leverage trading
- Self-custody trading experience
- WETH-USDC liquidity pool backing
- Integration with GMX's GLV [WETH-USDC] vault
Traders can go long or short MKR directly from their wallets, while liquidity providers can earn rewards through pool participation. The market leverages GMX's dynamic liquidity rebalancing system for optimal capital efficiency.
Trade or provide liquidity at app.gmx.io
New opportunity for traders and LPs on GMX: 馃敻 S/USD Trade the new Sonic token directly from your own wallet, with self-custody, up to 50x leverage, and fast onchain execution on @Arbitrum. @SonicLabs $S 1/3
Now live for trading on GMX: 馃敻 LDO/USD Long or Short the @LidoFinance token with up to 50x leverage and benefit from GMX's self-custody, transparent pricing, and split-second onchain execution. #LIDO $LDO 1/3
A new market is now available for traders and LPs: 馃敻 ONDO/USD Trade and benefit from the #GMX experience of self-custody and fast onchain execution on @Arbitrum, or provide GM or GLV liquidity to earn rewards. @OndoFinance $ONDO 1/2
Thanks to the @Animecoin community for generously including top GMX holders on Arbitrum among its airdrop recipients! For more info, visit the website: 馃敆anime.xyz
$ANIME is now live.
Introducing a new market for traders and LPs on GMX: 馃敻 JUP/USD You can now trade $JUP perpetual swaps directly from your own wallet, with self-custody, up to 50x leverage, and lightning-fast onchain execution on @Arbitrum. @JupiterExchange 1/3
Introducing a new market for traders and LPs on GMX: 馃敻 OM/USD (Mantra) You can now trade OM perpetual swaps directly from your wallet, enjoying self-custody, up to 50x leverage, and fast onchain execution on Arbitrum. $OM @MANTRA_Chain 1/3
A new market is now available for trading: 馃敻 HYPE/USD Long or Short the @HyperliquidX token with up to 50x, enjoying the GMX experience of self-custody and fast onchain execution, or provide liquidity to earn rewards. $HYPE 1/2
GMX introduces a new market, by popular demand: 馃敻 BERA/USD Trade the newly launched #OogaBooga token permissionlessly with up to 50x leverage, and experience split-second on-chain execution on @Arbitrum. $BERA @Berachain #BERA 1/2
GMX introduces a new market: 馃敻 ANIME/USD (Animecoin) Perpetual swaps and Spot swaps are both supported. Trade the new ANIME token permissionlessly, and enjoy GMX's fast on-chain execution on @Arbitrum. $ANIME @animecoin 1/2
Now live on GMX: 馃敼FET/USD Traders can Long or Short the FET token with up to 50x leverage, enjoying self-custody and quick execution on Arbitrum. Liquidity providers can mint GM to earn pool rewards, or buy $GLV to automatically earn from the top-performing pools on GMX. 1/2
Now live on GMX: 馃敼AIXBT/USD Traders can Long or Short the aixbt token with up to 50x leverage, enjoying self-custody and fast execution on Arbitrum. Liquidity providers can mint GM to earn pool fees, or buy $GLV to automatically earn from the top-performing pools on GMX. 1/2
A new market is now available for traders and LPs: 馃敻 CAKE/USD Trade the @PancakeSwap token with up to 50x, enjoying self-custody and fast onchain execution on Arbitrum, or provide liquidity to earn rewards. $CAKE 1/2
Live for trading on GMX: 馃敻 VIRTUAL/USD (Virtuals Protocol) Trade now and benefit from the GMX experience of self-custody, sub-second market data via the @Chainlink standard for verifiable data, and lightning-fast onchain execution on @Arbitrum. #Virtual @virtuals_io 1/3 馃У
GMX Expands Multi-Chain Presence with New Deployments and Integration Plans
GMX continues to strengthen its position as a leading permissionless perpetual exchange across multiple blockchains. Currently operational on Arbitrum, Avalanche, and Solana, the platform is set to expand further. Key developments: - Integration with LayerZero Core to enable cross-chain access to existing liquidity pools - Planned expansion to Berachain, Base, and BNB Chain - New hybrid deployment on Botanix Labs' Spiderchain (Bitcoin L2) approved by DAO vote - Platform currently manages ~$426M in liquidity - Processing billions in trading volume The platform offers competitive advantages including fast execution, user-friendly interface, and minimal fees. Recent launches include new single-sided liquidity pools on Avalanche and enhanced trading alerts.
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.*