GMX

GMX, a decentralized exchange protocol deployed on Arbitrum and Avalanche, has announced its integration with CTC. This integration will enable CTC to support onchain derivatives trading, with contract-level support for GMX V1 and V2. GMX V2 is an upgrade to the original protocol, offering enhancements such as faster execution, isolated pools, lower trading fees, and increased swap incentives.

GMX.io, a decentralized exchange protocol, has announced the launch of ARB++, a fully on-chain and transparent multi-strategy hedge fund built on top of various Arbitrum-based DeFi protocols, including GMX.io, CamelotDEX, Lyra Finance, Dolomite.io, Silo Finance, Rodeo Finance, Dopex.io, Rysk Finance, and Premia Finance. ARB++ aims to leverage the capabilities of these protocols to offer a top-tier hedge fund experience on the Arbitrum network.

GMX, a decentralized exchange protocol on Arbitrum and Avalanche, has announced the relaunch of its popular perpetual pools - GLP, gDAI, and MUXLP. Users with existing positions in the soon-to-mature pools can now rotate their liquidity to the new pools to continue earning yield. The GLP token for the Avalanche ecosystem offers around 21% APR, while the GMX token for Arbitrum generates 13% APR.

GMX has announced the start of the second one-week trading contest for the #EIP4844 upgrade on Arbitrum, with a prize pool of 140,000 ARB tokens. Winners of the first contest will receive their earned prizes soon. Additionally, GMX has launched new perpetual and spot trading markets for OP (Optimism), AVAX (Avalanche), ATOM (Cosmos), NEAR, and AAVE tokens on its Arbitrum V2 platform. Liquidity providers to these new markets are incentivized with rewards in ARB tokens. GMX V2 traders also benefit from up to 75% rebates on trading fees. The launch of these new markets and trading contests coincides with the Ethereum #EIP4844 upgrade, which reduces gas costs on Arbitrum and GMX.

The GMX decentralized exchange protocol, powered by dappOS V2, has attracted over 30,000 new traders, fueling significant growth in its user base. The platform offers risk-free trading with 'all in' vouchers and currently provides an annual percentage rate (APR) of up to 22% for its GLP token on the Avalanche ecosystem. The GMX team hints at more exciting developments on the horizon, encouraging users to stay tuned.

GMX, a decentralized exchange protocol operating on Arbitrum and Avalanche, has announced plans for a series of special community spaces leading up to the launch of its Genesis product. The first of these spaces will feature a discussion with @coinflipcanada on the @GMX_IO Twitter account tomorrow. GMX's utility and governance tokens, GMX and GLP, offer attractive annual percentage rates of 13% and 21% respectively for users on the Arbitrum and Avalanche ecosystems.

GMX, a decentralized exchange protocol deployed on Arbitrum and Avalanche, has announced the launch of its vaults on Aura. These vaults offer up to 60% annual percentage yield (APY) on GMX assets through a variety of different vaults, allowing users to diversify their yield. The vaults have no lock-up period, are secured and audited, and deposits are recorded, making depositors eligible for a future PRFCT token airdrop.

The capacity has been increased to 2,000,000 with Theseus Vault TVL currently at 990K.

Trading volume on #GMXv2 has surged past $25 billion USD, with over $2.88 billion traded in the V2 markets in the last week. Providing features like self-custody, deep liquidity, and fast execution, GMXv2 offers an optimized on-chain trading experience.

GMX is giving away 500 $ARB tokens in a lottery style to the next 200 new GMX_IO v2 users on Rage. To enter, users need to execute a trade on GMX v2 via Rage. The giveaway starts on 5th March 2024 at 15:00 UTC.