GMX SOL/USD Pool Delivers 32.52% APR with 90% Utilization
GMX SOL/USD Pool Delivers 32.52% APR with 90% Utilization
🚀 32% APR Revealed
GMX attracts over 14,000 liquidity providers earning from three revenue streams: market-making, swaps, and borrowing fees.
SOL/USD pool performance highlights:
- $11M in liquidity at ~90% utilization
- 32.52% Fee APR over the last month
- Extra 38% APR above benchmark (corrected from initial 3.8%)
- Significantly outperforming JLP
Key advantages for liquidity providers:
- Receive 63% of all trading fees
- Lower impermanent loss vs typical AMMs
- Consistently outperform benchmark LP positions
- Limited exposure to trader P&L due to balanced Open Interest
GMX V2 features:
- Balanced Open Interest through LP/trader incentives
- Adaptive Funding mechanism
- Generally positive long-term returns
Users can bridge SOL tokens to Arbitrum via PortalBridge and deposit directly into the SOL/USD pool.
Analyze performance data on the GMX V2 LP Analytics Dashboard.
Here are 7 essential updates from GMX this Summer: 1️⃣ Introducing GMX Express: fast onchain trading with an interruption-free, gasless user experience 2️⃣ 16 New Markets Live: AERO, BRETT, KAS, OKB, CVX, HBAR, CRO, ALGO, SPX6900, MNT, PUMP, XMR, MOODENG, PI, CRV, and DOLO 3️⃣
A new market is live on GMX: 🔸 CRO/USD (Cronos) Go Long or Short on the token from Cronos Chain, directly from your self-custody wallet. $CRO @Cryptocom 1/2
Long or Short the S&P 500 on GMX-Solana: now live.
GMXSOL has launched the first RWA Perpetual Contract Market – SPY/USD (S&P 500 ETF) 🚀 Prices powered by @chainlink and risk parameters provided by @chaoslabs . More RWA markets coming soon! Stay tuned.
Introducing a new market for traders and LPs: 🔸 AERO/USD from @AerodromeFi Trade AERO perps with up to 50x leverage and low fees, while minimising counterparty risk and enjoying fast onchain execution. 1/2 $AERO
Now Live: a new meme market for traders and liquidity providers: 🔸 SPX6900/USD Go Long or Short on #SPX6900 straight from your own wallet, and experience the optimised execution speed and UX of GMX on Arbitrum. 1/2
Arbitrum has launched DRIP, rewarding actions that help grow the DeFi ecosystem. Here's how GMX users benefit: 🔸On Morpho, our popular gmETH (WETH-USDC) liquidity token, with over $100 million in liquidity, is now eligible for incentives. 🔸On Dolomite, gmETH will soon qualify
Introducing DRIP - The DeFi Renaissance Incentive Program! A huge DeFi program that rewards real DeFi actions on Arbitrum, starting with Season 1: Leverage Looping Strategy 💧 Deposit ETH/stables 💧 Borrow & loop 💧 Repeat Join the Renaissance now 👇 arbitrumdrip.com
Four new perp markets are now live, bringing the total number of tradable assets on GMX to 87: 🔹 @MorphoLabs 🔹 @MoonwellDeFi 🔹 @AskVenice 🔹 @Chainlink 1/3 👇
Introducing a new market for traders and LPs: 🔸 KAS/USD - from the Kaspa blockchain Trade KAS perps with leverage, straight from your self-custody EVM wallet on GMX. No deposit required, minimal spread, low fees, and transparently fair pricing. $KAS @Kaspaunchained
Now Live: 🔸 CVX/USD Long or Short the @ConvexFinance token with up to 50x leverage, and enjoy the self-custodial onchain trading experience of GMX on Arbitrum. 1/2 $CVX
Introducing a new market on GMX for traders and LPs: 🔸 MNT/USD from @Mantle_Official Trade seamless MNT perpetual swaps directly from your self-custody wallet, no depositing required. Now live on @Arbitrum. $MNT 1/4
GMX Expands Energy and Precious Metals Trading Across Four Chains
**GMX has made its energy commodity and precious metals markets accessible across multiple blockchains**, now available on Arbitrum, Ethereum, BNB Chain, and Base. **Available Markets:** - WTI Crude Oil (WTIOIL/USD) - Brent Crude Oil (BRENTOIL/USD) - Natural Gas (NATGAS/USD) - Gold and Silver **Key Features:** - 24/7 trading availability, including weekends - Low fees: 12 basis points during market hours - High leverage: up to 100x on WTI and Brent, 40x on Natural Gas - Price data via [Chainlink Data Streams](https://x.com/GMX_IO/status/20476858805889845362/2) - Permissionless, transparent synthetic markets - Backed by WETH and USDC Traders can now react to geopolitical events and supply data in real-time through GMX's crosschain account system at [app.gmx.io](http://app.gmx.io).
GMX Launches MEGA/USD Perpetuals with 50x Leverage on Arbitrum and MegaETH
GMX has introduced **MEGA/USD perpetual contracts** on its first day of availability, accessible on both **Arbitrum and MegaETH** networks. **Key Features:** - Up to **50x leverage** for long or short positions - Pricing powered by **Chainlink Data Streams** for low-latency oracle feeds - Same oracle infrastructure supporting GMX's **100+ markets across 8 chains** The integration leverages MegaETH's **10ms block times** combined with high-speed Chainlink Data Streams to deliver real-time execution and reduced liquidation risk for traders.
GMX Launches on MegaETH's Terminal Points Program
GMX has integrated with **Terminal**, MegaETH's mainnet points program that maps the ecosystem and helps users discover key dapps. **Key activities earning points on GMX MegaETH:** - Trading perpetuals - Referring friends - Providing GLV liquidity with $USDM - Earning positive realized PnL All MegaETH users now automatically earn points for exploring and using GMX on the platform. This integration expands GMX's presence beyond its existing Arbitrum and Avalanche deployments.
GMX DAO Continues Buyback Program with 15,500 Tokens Acquired
**GMX DAO Latest Buyback Activity** The GMX DAO acquired 15,500 GMX tokens for approximately $110,000 between April 22-28, 2026, at an average price of $7.10 per token. **Program Performance** - Total tokens repurchased (March 5 - April 28): 154,050 GMX - Total spent: ~$990,000 - Blended average price: ~$6.43 **Recent Trend** The latest purchase price of $7.10 represents an increase from previous weeks, where the DAO acquired tokens at $6.37 (April 15-21) and $5.90 (April 8-14). This ongoing buyback program demonstrates the DAO's commitment to token value management through systematic open market purchases.
GMX Expands RWA Trading with Energy Commodities on Arbitrum
GMX has launched perpetual futures for three major energy commodities on Arbitrum: - **WTI Crude Oil** (WTIOIL/USD) - **Brent Crude Oil** (BRENTOIL/USD) - **Natural Gas** (NATGAS/USD) These markets join the recently launched 24/7 GOLD and SILVER perps under the RWA category. All markets feature: - Low trading fees (2-4 basis points) - 24/7 availability, including weekends - Price data via [Chainlink Data Streams](http://app.gmx.io) - Cross-chain accessibility through GMX Account The platform continues expanding into global markets, offering permissionless access to real-world assets without requiring brokerage accounts or custody arrangements.