Following our merger with @GMX_IO, all GMTrade updates will be posted from @GMX_IO from now on, with Solana content clearly marked.
This account will retweet Solana-network posts during the transition.
Follow @GMX_IO to stay in the loop.
Following our merger with @GMX_IO, all GMTrade updates will be posted from @GMX_IO from now on, with Solana content clearly marked.
This account will retweet Solana-network posts during the transition.
Follow @GMX_IO to stay in the loop.
The GMX Dollar Vault is now live.
Deposit dollars. Earn dollars. Withdraw whenever you want.
Offering an estimated 7% to 12% base APR, plus an 8% or higher launch boost for the first 8 weeks.
Start LPing today: https://t.co/abLC6oi6Ka
1/
September NFP: Oct 2, 8:30 AM ET.
Expected: ~100K jobs (Aug: 162K)
Unemployment: 4.2% (Aug: 4.1%)
Avg hourly earnings in Aug: +0.3% m/m, +3.1% y/y
With the Fed on inflation, wages may move markets as much as the headline.
Last 24H On Solana
DeFi & Trading
- @GMTrade_XYZ recorded $420K in daily revenue, driven by Season 2 of its GT points buyback.
- @Raydium recorded its highest weekly revenue since August 2025.
- @Backpack launched a rates dashboard for monitoring yields, inflation, and U.S. Treasury ETFs.
- @Jupiter_Manage added day one support for Solana TX v1, enabling larger routes and improved execution.
- @Jupiter_Trade integrated TX v1 across https://t.co/el9zGtZqOo and Jupiter Wallet, improving execution across 18% of pairs.
- @Jup_Mobile launched a limited edition Claynosaurz Jupiter Card offering 2% cashback and zero foreign exchange fees through 2026.
AI & Infrastructure
- @Nansen_AI recorded an all time high in weekly x402 transactions on Solana as AI agents used micropayments to purchase data.
- @X402 introduced Studios by Clawhunter, combining a creative media suite with an open decentralized inference gateway settled through x402.
Payments & Privacy
- @Cloak_AG launched private onchain payroll, allowing businesses to send encrypted wages through a single spreadsheet upload. Detailed private group payments that keep individual compensation amounts hidden.
- @MoonPay expanded into Korea with Woori Bank, KB Financial, and KakaoBank named as prospective won stablecoin partners.
Ecosystem & Consumer
- @RealRiceAI opened the preorder waitlist for Pengu Minibot following its preview at Korea Blockchain Week 2026.
- @Jup_Predict launched weekly clan rewards, with top clans and traders earning cash prizes and gacha packs.
- @MattleFun released version 4.0.0 featuring a birthday theme, stat boosting skins, and a redesigned character selection system.
- @PumpFunEco added Coinbase Wrapped ADA ($cbADA) pairs with native holder rewards.
Solana active programs reached 7,699 in September, the highest level since August 2025.
Aug PCE lands Sept 30, 8:30 AM ET, the first inflation read since the Fed's Sept 16 hike.
Core consensus: +0.3% m/m, 3.4% y/y (prev 3.3%)
The 10Y sits above 5.2%, highest since 2007. A hot print feeds next-hike talk, and annual revisions can reshape past months.
๐จJUST IN: @gmtrade_xyz, Solanaโs largest perp DEX by open interest, has announced Season 2 of its GT points buybacks. Daily buybacks will use 100% of treasury fee income.
Users unlock sellable quota when their referrals earn GT through trading.
GMTrade Order Fee Update
To strengthen long-term protocol sustainability, we are adjusting order fees across GMTrade markets, effective immediately:
โข Forex: 1.0 / 1.2 bps
โข Crypto, Commodities & Stocks: 2.0 / 2.4 bps
Lower rate when your trade balances OI skew, higher when it widens it.
Our focus stays the same: a competitive on-chain venue with reliable execution across every market.
How it works: an example
You hold 1,000 GT and have a 60% referral reward rate. After Season 2 begins, your referred users earn a combined 500 GT through trading.
โข Referral rewards: 500 ร 60% = 300 GT
โข Updated GT balance: 1,000 + 300 = 1,300 GT
โข Sellable quota earned: 500 GT
You can therefore sell up to 500 GT into the Season 2 buyback.
Your unused sellable quota carries forward throughout Season 2โit does not reset daily. Selling GT uses the corresponding amount of your available quota.
GT Buyback Season 2 Announcement
GT Buyback Season 2 begins on September 28 at 00:00 UTC, with buybacks taking place daily.
Refer traders to GMTrade to unlock your GT sellable quota and earn GT referral rewards.
๐ธ How do you earn a sellable quota?
Once Season 2 begins, each GT your referred users earn through trading unlocks 1 GT of sellable quota for you.
โข Only GT earned by your referred users through trading counts.
โข Quota accrues based on trading activity after Season 2 begins. GT earned before launch does not count.
โข The amount you can sell is limited by your remaining quota and your GT balance.
๐ธ How do referral rewards differ from your sellable quota?
Referral rewards are additional GT you earn, equal to 50%โ100% of the GT your referred users earn through trading, depending on your VIP tier.
Your sellable quota determines how much GT you can sell into the buyback. You earn quota equal to 100% of the GT your referred users earn through trading during Season 2, regardless of your referral reward rate.
๐ธ How are buybacks funded?
During Season 2, GMTrade will increase trading fees, and buybacks will be funded by 100% of the Treasury's daily fee income.
Build your sellable quota starting on September 28 at 00:00 UTC.
This gives staked $GMX a second reward stream on top of the existing staking rewards, and the design is built to reward stakers who hold through the full window, not farmers who opportunistically jump in at the end.
On GMTrade, this is as much a fee redesign as a buyback update. Trading fees rise slightly for the duration of Season 2, with nearly all of that revenue routed to daily GT buybacks instead of the pools.
For LPs, GT rewards from LP staking become the main reward channel, and a stronger buyback is what backs it.
๐๐ง ๐๐ถ๐ฟ๐ฑ๐ฟ๐ผ๐ฝ ๐ณ๐ผ๐ฟ ๐๐ ๐ซ ๐ฆ๐๐ฎ๐ธ๐ฒ๐ฟ๐ ๐ฎ๐ป๐ฑ ๐๐ง ๐๐๐๐ฏ๐ฎ๐ฐ๐ธ ๐ฆ๐ฒ๐ฎ๐๐ผ๐ป ๐ฎ
GM Labs is rolling out a GT airdrop for GMX stakers, rewarding average staked GMX over the snapshot window at a 1:1 ratio, with a ~100 GMX minimum.
GT Buyback Season 2 also begins: referral rewards remain at 50%โ100% of GT earned by referees through trading, scaling with VIP tier. Referral quotas are the only route to sell GT into the buyback.
On GMTrade, buybacks will run daily, with ~99% of protocol fees now flowing into the buyback and ~1% going to LPs. LPs continue to earn GT through staking and benefit directly from the stronger buyback.