GMX Slashes Trading Fees on 24/7 Gold and Silver Perpetuals to Industry-Low Rates
GMX Slashes Trading Fees on 24/7 Gold and Silver Perpetuals to Industry-Low Rates
⚡ GMX cuts fees
GMX has reduced trading fees on its GOLD/USD and SILVER/USD perpetual markets to institutional-grade levels.
- Trading fees now 1-2 basis points during CME market hours on Arbitrum
- When contributing to open interest balance: 2 bps total for opening and closing positions
- When adding to skew: 4 bps
The 24/7 precious metals markets are listed under the RWA category and searchable by name (GOLD, SILVER) or ticker (XAU, XAG). Markets crossed $10M in volume within 24 hours of launch.
Key features:
- Powered by Chainlink Data Streams with sub-second latency
- Accessible cross-chain via GMX Account
- No brokerage account or custody required
More commodities and asset classes under evaluation.
What that means for you in practice: When contributing to OI balance, the total cost for opening and closing a position is now only 2 basis points during on-hours. When adding to the skew, it is 4 bps. GMX offers the lowest fee range for gold & silver perps available anywhere.
The 24/7 GOLD/USD and SILVER/USD markets are listed under the RWA category on GMX. Search by name (GOLD, SILVER) or ticker (XAU, XAG). The markets are deployed on Arbitrum, and are also accessible cross-chain via your GMX Account. > app.gmx.io 5/
GOLD/USD and SILVER/USD are priced via @Chainlink Data Streams; sub-second latency feeds, decentrally sourced from global venues. This is the same oracle infrastructure powering GMX's 100+ other perp markets. Accurate pricing on global assets is a hard requirement for GMX. 3/4
GMX has lowered trading fees on its 24/7 GOLD/USD and SILVER/USD perps to 1/2 bps during CME market hours. Trade precious metals on @Arbitrum at institutional-grade rates: just 1 bps on the underweight side of open interest, 2 bps on the overweight side. 1/5 🧵
While 24/7 Gold and Silver are the first perps on GMX for real-world assets, more commodities will follow soon. Other asset classes are under evaluation too. $10M in 24 hours is a good starting point, nonetheless. Trade your favorite markets: app.gmx.io 4/4
The new 24/7 Gold and Silver markets on Arbitrum crossed $10 million in trading volume within the first day of going live on GMX. That highlights the demand for permissionless access to precious metals exposure. No brokerage account, no custody; no complexity. 1/4
GMX Adjusts Leverage Caps for Metals Trading During Off-Hours
**Key Changes for Metals Traders:** - **Liquidation threshold tightens** from 200x to 100x during off-hours - Positions exceeding the cap **cannot be increased**, only reduced - Thresholds **return to normal** when regular trading hours resume **Action Required:** Traders should manage position sizes before CME close if operating near maximum leverage to avoid restrictions. **Trading Parameters:** - GOLD/USD and SILVER/USD offer up to **100x leverage during CME hours** - **25x leverage cap** applies outside standard hours - Standard fee rates apply during off-hours - Powered by sub-second Chainlink Data Streams pricing - No expiry dates, self-custody maintained [Full details](https://docs.gmx.io/docs/trading/overview/#rwa-and-commodity-markets)
GMX DAO Continues Token Buyback Program with $110K Purchase
The GMX DAO acquired **18,650 GMX tokens** for approximately **$110,000** between April 8-14, 2026, at an average price of **$5.90 per token**. **Program Totals (March 5 - April 14):** - 124,420 GMX tokens reacquired - Total investment: ~$790,000 - Blended average price: $6.35 The buyback program shows the DAO's ongoing commitment to token value management, with the latest purchase coming in below the program's average price point.
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.
🚀 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.