GMX Rush: Total GM Positions on DeltaPrime Red Increased to $6.4M
GMX Rush: Total GM Positions on DeltaPrime Red Increased to $6.4M
In 48 hours, total GM positions on DeltaPrime Red have increased to $6.4M in GMX Rush. The current bonus APR for borrowing in AVAX is 36% for 1x borrowed and 162% for 4.5x borrowed. Incentives are airdropped every Wednesday, starting from Feb 14.
48 hours in @GMX_IO Rush, total GM positions on DeltaPrime Red increased to $6.4M🔥. Current bonus APR (variable, in #AVAX): 💰1x borrowed: 36% 💰4.5x borrowed: 162% Incentives are airdropped every Wednesday, starting from Feb 14 📅
GMX Rush returns, with $350,000 in incentives for DeFi margin protocol DeltaPrime to support the growth of the GM pools on @Avalanche! @DeltaPrimeDefi will reward users who lend their funds to the GM pools it has integrated — deepening the liquidity for traders on GMX. 1/2
🌐 GMX Brings Forex Trading to Solana
GMX has expanded its decentralized exchange protocol to Solana, enabling users to trade major forex markets directly on-chain. **Key Details:** - Forex trading now available on GMX's Solana deployment - Follows the recent launch of GMTrade's mobile app for Solana trading - GMX previously operated on Arbitrum and Avalanche networks The integration brings traditional forex market access to Solana's ecosystem through GMX's decentralized infrastructure.
GMX Expands to 103 Perpetual Markets with SYRUP/USD and 0G/USD Additions
GMX has expanded its perpetual swap offerings across multiple chains: **New Markets Added:** - SYRUP/USD from [Maple Finance](https://twitter.com/MapleFinance1) - 0G/USD from [0G Labs](https://twitter.com/0G_labs) **Key Details:** - Total perpetual markets now at 103 - Available on Ethereum, Arbitrum, Base, and BNB Chain - Features low trading fees and minimal price impact - Transparent onchain pricing Traders can now long or short these new tokens across supported networks. Start trading at [app.gmx.io](http://app.gmx.io)
GMX Surpasses 2 Million Token Buyback Milestone with 11.94% Staking APR
GMX has reached a significant milestone by repurchasing over 2 million tokens through its buyback-and-distribute program. The protocol leads all crypto projects in buyback activity, having repurchased the largest share of its total supply. **Key Details:** - Total buybacks: 2,031,625 GMX tokens - Current staking APR: 11.94% for the next 7 days - Average historical return: 21.59% for stakers - Recent activity: ~16,800 GMX acquired in the past week **How It Works:** The protocol converts its revenue into GMX tokens through market purchases and distributes them to stakers. Rewards accrue every block with no lock-up period required. Staking is permissionless and accessible through the refreshed dApp at [app.gmx.io/#/stake](http://app.gmx.io/#/stake).
🚀 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.
GMX Q3 Report Released by TokenTerminal on Binance Square
**GMX Q3 financial report** now available on Binance Square, published by data analytics platform TokenTerminal. The report provides insights into the **decentralized exchange protocol's performance** during the third quarter. - GMX operates on Arbitrum and Avalanche networks - Offers yield opportunities for token holders - Report accessible through [Binance Square](https://www.binance.com/en/square/post/33454137963122) TokenTerminal specializes in **crypto project analytics** and financial data compilation. Check the full report for detailed metrics and performance analysis.