GMX Multichain Expansion Brings Cross-Chain Trading to Major Networks
GMX Multichain Expansion Brings Cross-Chain Trading to Major Networks
馃寪 GMX Goes Multi-Chain Magic
GMX is expanding its decentralized perpetual exchange capabilities across multiple blockchains. The protocol now offers:
- Seamless trading across Arbitrum, Avalanche, and Solana
- $390M in accessible liquidity from any EVM chain
- Integration with LayerZero for secure asset bridging
- Upcoming support for Berachain, Base, and BNB Chain
- New hybrid deployment on Botanix's Spiderchain (Bitcoin L2)
The expansion enables traders to access GMX's deep liquidity pools from any supported blockchain. Users can participate by purchasing $GLV or $GLP tokens for Espresso activation.
GMX Multichain aims to redefine #DeFi's cross-chain experience: 馃敼Seamless trading across blockchains 馃敼$390M liquidity available from any EVM chain 馃敼Secure bridging for GMX assets with @LayerZero_Core Note: Users can now complete Espresso's activation by buying $GLV or $GLP.
Apps also benefit from added security & enhanced interop when chains plug into Espresso Arbitrum One isn鈥檛 integrated w/ Espresso (yet) but one of the apps in its eco that's prioritizing crosschain UX is @GMX_IO Acquire any amount of GLP on GMX to complete this wk's activation
GMX Launches Express Trading and TWAP Orders
GMX has announced several major updates to their decentralized exchange protocol: - **GMX Express**: New feature enabling faster, frictionless onchain trading - **TWAP Orders**: Time-weighted average price orders now live - **Token Milestone**: 1 million GMX tokens bought back and distributed - **User Rewards**: 40% of users have unclaimed trading rebates waiting The protocol is expanding multichain, with community voting now open for new chain deployments. GMX continues to position itself as a leading permissionless perpetual DEX across public blockchains.
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.*