Most @Ethereum DeFi activity flows through lending and staking. GMX brings something to Mainnet that's been largely missing: deep, onchain perp trading.
100+ markets, including gold, silver, oil, and natural gas. Up to 100x leverage. ⬇️
For size traders: GMX's single-sided $BTC and $ETH pools let you execute multi-million longs and shorts right at the oracle price. Zero price impact on your position, on open and on close.
No other trading platform does this at scale.
Funding costs on GMX have just dropped by ~65%.
Since the late-April update to the mechanism, traders are paying dramatically less to hold positions, and this change held across 93 of 109 perp markets.
1/2 ⬇️
Building an AI trading agent is still way harder than it should be: Fragmented docs. Poorly structured APIs.
We’ve been investing heavily in the integration stack to fix that. If you’re operating agents, GMX is officially your execution layer. ⬇️
1/2
GMX launched MEGA/USD perps on day 1, available on Arbitrum and MegaETH. Pricing is powered by Chainlink Data Streams, the same low-latency oracle standard underpinning GMX's 100+ markets across 8 chains.
Long or short $MEGA with up to 50x leverage:
GMX has launched WTI, Brent, & Natural Gas perp markets fully powered by Chainlink.
Trade global energy 24/7 on @GMX_IO as it continues its expansion into RWA markets via high-speed data from Chainlink Data Streams.
LINK oil. LINK gas. LINK everything.
GMX launches the 3 top energy commodity perps on Arbitrum:
🛢️ WTI Crude Oil (WTIOIL/USD)
🛢️ Brent Crude Oil (BRENTOIL/USD)
⛽ Natural Gas (NATGAS/USD)
Low fees, available even on weekends, and with price data delivered via @Chainlink Data Streams.
Live now.
1/6 🧵
GMX has lowered trading fees on its 24/7 GOLD/USD and SILVER/USD perps to 1/2 bps during CME market hours.
Trade precious metals on @Arbitrum at institutional-grade rates: just 1 bps on the underweight side of open interest, 2 bps on the overweight side.
1/5 🧵
Great to see @GMX_IO launch gold and silver markets and cross $10M in volume on day one.
As global markets go programmable, they’re launching and scaling fast on the Arbitrum Platform where capital is deep and execution is seamless.
The new 24/7 Gold and Silver markets on Arbitrum crossed $10 million in trading volume within the first day of going live on GMX.
That highlights the demand for permissionless access to precious metals exposure. No brokerage account, no custody; no complexity.
1/4
Gold (XAU) and Silver (XAG) are now tradable 24/7 on @GMX_IO, fully powered by Chainlink.
High-speed data from Chainlink Data Streams is unlocking GMX's rapid expansion into 24/7 RWA perp markets.
LINK gold. LINK silver. LINK everything.
GMX launches ultra-fast perp markets on @megaeth, powered by Chainlink.
MegaETH’s 10ms block times paired with high-speed Chainlink Data Streams unlock a superior trading experience for @GMX_IO users with real-time execution & reduced liquidation risk.
Perps 🤝 Chainlink
AI agents are reshaping how DeFi gets used, and GMX has been quietly preparing for this.
In collaboration with @bondoncredit and @iEx_ec, we issued a bounty to autonomous agents trading perps on GMX during the Synthesis hackathon.
More soon.🤖
Thanks to @vooi_io for integrating GMX into its Perp Arena compare tool. It clearly shows how GMX delivers unrivaled execution on 100K+ positions across most tradable assets.
Two major upgrades are now live, as we begin the new reward epoch: Buyback Transparency + Staking Power.
These upgrades are the next steps in the GMX DAO's Strategic Plan to Restore Price Discovery.
Here’s a brief overview: 🧵
1/7
Working with @GMX_IO . About time one of DeFi's real bluechips gets the attention it deserves.
Genuinely curious how $GMX is still this cheap:
$41M in annualised fees.
Continuous buybacks with 27% of protocol revenue. No meaningful emissions.
And the DAO just voted to lock all staking rewards until the token hits $90.
The 80% rule is wild too. If you unstake more than 20% of your peak GMX balance you lose all accumulated rewards and start from scratch. Zero exceptions. That's a forceful, hardcore loyalty mechanism.
MegaETH expansion hasn't even launched yet. New asset classes coming. The fee surface is about to get a lot bigger, and the supply just got a lot tighter. Bullish long term.
The $GMX token is evolving from a yield-driven token to a protocol equity one
The latest DAO vote (March 4th) locked rewards until $90 and you need to upkeep your staked amount to at least 80% of your balance to earn them
They also pulled 600k tokens from Uniswap and Trader Joe, redeploying them into GMX's own liquidity pools.
Separately, the treasury deployed a 1M GMX buy-wall at $5 with ongoing weekly buyback cycles backed by ~2% of the total market cap
@GMX_IO is still generating revenues steadily (+$41M in annualized fees, with 27% of all V2 fees flowing into continuous GMX buybacks)
And also expanding to @megaeth might give it a nice edge in the near future
Plus, they have a healthy Price to Fees ratio around 1.7x. So strong fundamentals.