GMX V2 offers deep on-chain liquidity for trading assets like Chainlink's LINK and Solana's SOL
GMX V2 offers deep on-chain liquidity for trading assets like Chainlink's LINK and Solana's SOL
GMX V2 provides liquidity pools for trading assets like Chainlink's LINK and Solana's SOL. The SOL/USDC pool has a TVL of $16.2 million and the LINK/USDC pool has close to $10 million of liquidity. The liquidity providers in GMX V2 are well-compensated for the risks they take. GMX also offers synthetic pools for assets like DOGE, LTC, and XRP. The GMX V2 markets for SOL and LINK are resilient and scalable due to their reliance on non-synthetic assets.
GMX will take part in #ArbitrumFrontier 🧑🚀💙, to encourage users to get familiar with various useful DeFi protocols on the high-speed @Arbitrum layer-2 blockchain. With $ARB incentives from the DAO's STIP Grants being distributed, now is the ideal time to explore Arbitrum...
GMX V2 offers deep on-chain liquidity to trade assets like @Chainlink's $LINK and #Solana's $SOL. The SOL/USDC GM pool on @Arbitrum has 16,2 million USD in TVL, while the LINK/USDC pool offers close to 10m USD of liquidity. 🔹View the GM pools at: app.gmx.io/#/earn 1/5
The total value locked in the $GM pools of GMX V2 is soaring, crossing 220 million today on #Arbitrum. Thanks go out to all the liquidity providers supporting the GMX protocol. Trade with this deep on-chain liquidity, and low trading fees, at: 🔹 app.gmx.io
The GMX ecosystem is steadily expanding. With its deep liquidity, the protocol functions as a base layer for #DeFi on the @Arbitrum and @Avalanche blockchains. A sincere thanks to everyone building added-value instruments on top of the $GM Pools, $GLP, and GMX's trading system.
Epoch 6 of GMX's @Arbitrum Incentives starts, with: 🔹 VIP-level fees for all GMX V2 traders Traders enjoy a rebate of up to 75% of all open & close fees, for an effective fee of just ~0.015%. 🔹Liquidity Incentives on all GM pools Trade or LP at: app.gmx.io 1/5
Epoch 5 of GMX's @Arbitrum STIP Incentives has started. This week, all GMX users benefit from: 🔹 Low trading fees, equal to the VIP tiers of centralised exchanges 🔹 Boosted APRs on all the GM liquidity pools of GMX V2 🔹 Incentives to move GLP liquidity to the GM pools 1/4
🌐 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.