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
LayerZero Selected as GMX's Messaging Infrastructure Provider
GMX DAO has concluded its governance vote, selecting LayerZero as the preferred messaging infrastructure provider for GMX Multichain deployment. This decision follows a comprehensive selection process that included: - Community Q&A sessions with potential partners - Detailed proposal presentations - Open forum discussions The selection marks a significant step in GMX's multichain expansion strategy. The voting process demonstrated strong community engagement through Snapshot voting. [View complete voting results](https://snapshot.box/#/s:gmx.eth/proposal/0xc0fa577853fa0d066e876a4df3cf8ae7302c60b68f1f13675821dbf5d2acac1b)
GMX Revenue Surge Leads to Delayed Token Buybacks
GMX experienced a significant revenue increase, causing its buyback-and-distribute contract to face processing delays. The remaining balance will roll over to future weekly epochs for distribution to GMX holders. Key points: - Buyback process is fully transparent and verifiable on-chain - Affects both Arbitrum and Avalanche networks - Contract addresses: - Arbitrum: [View on Arbiscan](https://arbiscan.io/address/0x7EB417637a3E6d1C19E6d69158c47610b7a5d9B3) - Avalanche: [View on Snowtrace](https://snowtrace.io/address/0x1A3A103F9F536a0456C9b205152A3ac2b3c544902)
GMX Rolls Out Stop Market Orders and Enhanced Trading Features
GMX has implemented several key trading improvements: - Added Stop Market Orders support - Enabled chart-based drag & drop order editing - Optimized swap routing for spot and perpetual trades - Enhanced Trade UI with new dropdowns and clearer chart headers - Improved mobile experience with 24h volumes and position cards - Updated number formatting with k, m, b suffixes - Enhanced depth charts and PnL analysis - Clarified network fee calculations For feedback or support: [Telegram](https://t.me/GMX_IO) [Discord](https://discord.gg/H5PeQru3Aa) Learn more about GMX's 2025 roadmap on their [blog](https://gmxio.substack.com/p/gmx-development-plan-for-2025)
GMX Releases TypeScript and Python SDKs for Developer Integration
GMX has launched new Software Development Kits (SDKs) in TypeScript and Python, enhancing its trade and earn functionality integration capabilities. Key Features: - Read functions for markets, positions, tokens, orders, and trade history - Write functions for order management and creation - Battle-tested infrastructure ready for immediate implementation The protocol welcomes community contributions and actively seeks feedback for improvements. Developers can access documentation at docs.gmx.io/docs/api/sdk-v2. **Integration Made Simple** Start building on GMX's proven infrastructure today with comprehensive SDK support.
GMX Receives Arbitrum Security Grant for Protocol Enhancements
GMX has been awarded a grant from the Arbitrum Security Subsidy Fund to strengthen its protocol security and expansion plans. The grant will support three key initiatives: - Security audits for implementing Gasless Transactions - Audits for GMX Multichain expansion - Smart contract security reviews for Cross Margin implementation This development follows GMX's successful first wave of grants that supported 22 projects. The protocol currently serves as a foundational liquidity layer for Arbitrum, with nearly 100 DeFi projects integrated. *Key collaborators include Areta, Axis Advisory, and Daimon Law.*