Background

GMX

The GMX is a decentralized exchange protocol that deployed on two EVM chains, Arbitrum and Avalanche. The utiitty and governance token for its Arbitrum ecosystem is GMX, which generates 13% APR for the users. On the other hand, the token for the Avalanche ecosystem is GLP, which gives around 21% APR. GMX also has an API for developers to tap into its infrastructure.

Integrationstwitter

GMX Community Governance Proposals

Thu 11th Apr 2024
Two governance proposals have been initiated on the Snapshot platform for the GMX community to vote on. The first proposal seeks to gauge sentiment on existing ideas related to Multiplier Points. The second proposal involves a vote on aligning the Treasury Swap between GMX and the yield platform SolvProtocol. Community members are encouraged to participate in the voting process.

GMX RewardRouter Disablement Announcement

Mon 8th Apr 2024
GMX, a decentralized exchange protocol deployed on Arbitrum and Avalanche, has announced that the old GMX RewardRouter will be disabled on April 15, 2024. This update may affect funds in the Key Finance protocol, which could potentially be frozen. The original announcements for Arbitrum and Avalanche ecosystems have been provided for reference.
Community article

GMX Finance Ecosystem News Roundup

Mon 8th Apr 2024
The GMX decentralized exchange protocol operates on both the Arbitrum and Avalanche blockchains. On Arbitrum, the GMX token generates an annual percentage rate (APR) of 13% for users, while on Avalanche, the GLP token offers an APR of around 21%. Additionally, GMX provides an API for developers to integrate with its infrastructure.
Community article

GMX Participates in Arbitrum DeFi Roundtable

Mon 8th Apr 2024
GMX, a decentralized exchange protocol deployed on Arbitrum and Avalanche, joined a roundtable discussion with representatives from Curvance, Radiant, Camelot, Pendle, and Arbitrum itself. The discussion focused on the DeFi ecosystem on Arbitrum. GMX's utility and governance token for its Arbitrum ecosystem is GMX, which generates 13% annual percentage rate (APR) for users. The token for its Avalanche ecosystem is GLP, offering around 21% APR. GMX also provides an API for developers to integrate with its infrastructure.

GMX Participates in Bitget Wallet's BWB Points Airdrop Campaign

Mon 8th Apr 2024
GMX, a decentralized exchange protocol deployed on Arbitrum and Avalanche, is taking part in Bitget Wallet's BWB Points Airdrop Campaign. Bitget users who actively trade on GMX will have the opportunity to earn BWB points. The campaign aims to promote Bitget Wallet's Ecosystem Partner Program and the BWB Points Airdrop.

GMX Decentralized Exchange Launches STFX V5 Trading Upgrade

Thu 4th Apr 2024
GMX, a decentralized exchange protocol deployed on Arbitrum and Avalanche, has announced the launch of its STFX V5 Trading Upgrade. The new upgrade introduces several features, including partial order execution, one-click take profit/stop loss, and instant trade deployment. GMX has shared a video explaining how users can start social trading and potentially increase their earnings on the STFX platform. GMX operates two utility and governance tokens, GMX for the Arbitrum ecosystem and GLP for the Avalanche ecosystem, offering annual percentage rates of 13% and 21%, respectively. The protocol also provides an API for developers to integrate with its infrastructure.

The Standard Vault Partners with GMX Decentralized Exchange

Thu 28th Mar 2024
The Standard, a leading DeFi protocol, has announced a partnership with GMX, a decentralized exchange deployed on Arbitrum and Avalanche. This collaboration will introduce GMX token as a new collateral type for The Standard's smart vaults, providing token holders with expanded opportunities. Users can access more information about this partnership and its implications through The Standard's official blog.
Community article

GMX DAO Unveils New Governance Framework

Thu 28th Mar 2024
GMX, a decentralized exchange protocol operating on Arbitrum and Avalanche, has announced an update from its DAO. The update introduces a transparent and open governance framework, flexible voting features, and lays the foundation for future community success. Details of the full proposal are available for review.
Community article

GMX Launches Chinese Twitter Account and Incentives for Binance Web3 Wallet Users

Thu 28th Mar 2024
GMX, a decentralized exchange protocol, has announced the launch of a Chinese-language Twitter account to provide news updates in Chinese. Additionally, GMX is incentivizing Binance Web3 Wallet users to try out its platform by completing six tasks designed to familiarize them with on-chain trading. The GMX dApp is integrated into the Binance Web3 Wallet, allowing users to trade on GMX seamlessly. This initiative aims to introduce millions of Binance Web3 Wallet users to GMX and the vast DeFi ecosystem on Arbitrum, where numerous opportunities are available, and on-chain execution fees are currently low.
Community article

GMX Integration with CTC for Onchain Derivatives Trading

Mon 25th Mar 2024
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.
Community article
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