GMX V2 Launch: New Features and Improvements

By GMX
Mar 4, 2024, 5:03 PM
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GMX V2 was launched six months ago with several improvements including One-Click Trading, new markets to trade, Chainlink Data Streams, Adaptive Funding Rates, and Price Impact Distributions.​ These updates aim to enhance the trading experience, speed, scalability, and pool yields on GMX.​ The long-term vision for GMX is to become a decentralized finance ecosystem.​

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🔧 GMX Tokens Power Delta-Neutral Yield Strategies on Dolomite

🔧 GMX Tokens Power Delta-Neutral Yield Strategies on Dolomite

GMX's $GM and $GLV tokens serve dual purposes: they function as high-yield liquidity provider positions with 50% market exposure while also acting as building blocks for delta-neutral strategies. **Key Features:** - Dolomite's money market leverages these tokens for advanced yield generation - Supports Looping and Delta-Neutral strategies across GMX's liquidity tokens - Enables traders to capture yields while minimizing directional market risk The integration allows users to construct sophisticated positions that balance exposure and returns.

🗳️ GMX DAO Opens Voting on Marketing & Trader Incentive Program

🗳️ GMX DAO Opens Voting on Marketing & Trader Incentive Program

The GMX DAO has launched a new governance proposal on Snapshot for community voting. **What's Being Voted On:** - GMX Marketing & Trader Incentive Program proposal - Tokenholders can cast their votes on [Snapshot](https://snapshot.box/#/s:gmx.eth/) **Recent Context:** - This follows a separate proposal from January 26 regarding GMX Labs funding for 2026-2027 - Both proposals are part of ongoing governance decisions for the protocol's development GMX tokenholders are encouraged to review the proposal details and participate in the voting process.

GMX Launches Gold Trading with Bitcoin Collateral Across Six Chains

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 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 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.

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