GMX Referral Program Hits $65B in Volume
GMX Referral Program Hits $65B in Volume
馃殌 GMX Referrals Explode
GMX's referral program has achieved a significant milestone, with over $65 billion in trading volume referred. The top 4 referrers have each earned more than $500,000 in rewards as GMX affiliates.
Key points:
- $65B+ in referred trading volume
- Top 4 referrers earned $500K+ each
- Users can set up their own Referral Code
This success demonstrates the effectiveness of GMX's referral system in driving user acquisition and engagement. The program incentivizes existing users to bring new traders to the platform, creating a network effect that boosts overall trading activity.
For those interested in participating or learning more about the referral program, visit the GMX website to set up your own Referral Code.
Community involvement has played a crucial role, with thanks given to community developer @kyzoeth for their contributions.
More than $65 billion in trading volume has been referred, and the top 4 referrers have each earned over $500,000 in rewards as GMX affiliates. Set up your own Referral Code to share: app.gmx.io/#/referrals For more insights about GMX's successful referral system, visit
GMX Ships Major Platform Updates: New Builder Tools, VIP Trading Tiers, and Enhanced User Features
GMX has rolled out several significant platform improvements across multiple user segments: **For Developers:** - New Builders page featuring SDK, REST API, and subgraph access - Earnings calculator tool added **For Traders & Affiliates:** - VIP rates now available with tiered benefits starting at $10m trading volume - Dedicated account manager support for qualifying users **Platform Enhancements:** - GMX Account feature allows deposits of any asset held on Arbitrum - Improved referral share cards for easier tracking - Trader profiles now accessible at /traders endpoint These updates build on recent changes to GMX's referral program, which introduced reward step-downs for affiliates, automatic VIP discounts for high-volume traders, and a new institutional tier.
GMX Ships Smart Wallet Support and One-Click Trading in July Updates
GMX rolled out significant platform improvements in July, focusing on accessibility and user experience: **Key Features Added:** - Smart wallet integration for Express and One-Click trading - Enhanced swap routing transparency - GMX available as installable app - Passkey login authentication - In-app card funding with Apple/Google Pay support - Shareable performance cards - Reduced costs for take-profit/stop-loss order closures These updates streamline the trading experience on the decentralized exchange, making it more accessible to users while maintaining its core functionality across Arbitrum and Avalanche networks.
GMX Launches New Announcements Page in Dapp
GMX has introduced a new Announcements page within its decentralized exchange application. The update brings additional functionality to the platform. **Key Updates:** - New dedicated announcements section added to the dapp - Enhanced user communication features - Available now at [app.gmx.io/#/announcements2/2](https://app.gmx.io/#/announcements2/2) The announcements page aims to keep users informed about platform updates and new features as they roll out. *Visit the dapp to explore the new announcements functionality.*
GMX DAO Continues Token Buyback Program with 15,360 GMX Reacquired
**Recent Activity (July 15-21, 2026)** GMX DAO reacquired 15,360 GMX tokens for approximately $100,000 at an average price of $6.51. **Program Performance Since March 5** - Total tokens repurchased: 371,940 GMX - Total spent: ~$2,315,000 - Blended average price: $6.22 per token **Price Trend Analysis** The buyback program shows varying acquisition prices: - July 15-21: $6.51 average - July 8-14: $5.86 average - July 1-7: $5.79 average - Q2 2026 overall: $6.18 average The DAO has maintained consistent buyback activity throughout the quarter, with the most recent purchases occurring at slightly higher prices compared to early July. The program demonstrates ongoing commitment to token value management through systematic market repurchases.
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)