If you claim to be an opportunist, you must be lying if you pass this up.
$15,000 USDC on the table for you.
Four ways to win:
Auto trading, strategy sharing, subscribing, and participating.
GMX Masters early signups are now open. Link below.
15th Jun - 12th Jul.
I missed the best LP benchmark in DeFi.
@JasonvuTech from @brownfiamm told me something I didn't know: @GMX_IO, the first perpetuals protocol to popularize revenue sharing, benchmarks its pools against @Uniswap v2.
The outperformance charts are public and the gap is insane. I've been using the wrong reference point entirely.
> I honestly don't know if there are structured products on top of GMX that hedge the 50% volatile exposure. Do you?
BrownFi v2's original pitch was that LPs earned more than simply holding the underlying 50/50 pair. That worked well until October's crash, where it basically stopped.
> BrownFi v3 is adding more customization layers with the explicit goal of competing against both benchmarks; not just v2 but GMX too.
The benchmark was always there. I just wasn't looking at the right chart.
1/4
SPCX/USD perps are now live on GMX.
Trade pre-IPO exposure to SpaceX, one of the world’s most valuable private companies, with up to 10x leverage.
SPCX is a new type of market, launching with limited initial OI capacity as GMX builds the infrastructure for pre-IPO perps.
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.
ATTN: Perps Traders ⚡
Voltrade has teamed up with @GMX_IO to bring traders an exclusive 10% discount on trading fees + $200 in rewards for generating $500K in volume
Details:
📈Trade $250K across any of $BTC, $SOL, $ETH + Trade $250K across any of $WTI Brent, NatGas, Gold, and Silver markets 🛢️🟡⚪
🔓Receive $200 in rewards once 500K volume is hit (19 claims remain)
⭐10% off trading fees with our ref link
⌛Offer expires June 30
Follow your progress on our leaderboard 🏆
Register now: https://t.co/fbN931PU04
Onboarding to GMX is now even easier. Sign in with email, an X or Discord account, or connect the self-custody wallet you already use.
The new login layer powered by @Privy_io lets new users get started even faster, with no prior wallet setup required.
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
Today, @gmtrade_xyz accounted for 79% of all perps trading volume on Solana, if you even count pacifica which is basically a CEX that takes sol deposits. Factoring them out, that is 91.8% of all volume on @solana@perps.
How did we achieve this? The lowest fees, perseverance, a cracked team, and unlike phenis trade or whatever, we got here on our own. Just hard work and a team that ships.
Huge updates coming over the next few weeks, stay tuned.
Nobody seems to be talking about how @gmtrade_xyz just passed $3B in volume over the past 24 hours.
People minting $GT in secret before the masses find out? 🤔
NEW: $5K $USDC threshold trading competition with @GMX_IO is live ✅
Details:
📈Trade $250K across any of $BTC, $SOL, $ETH + Trade $250K across any of WTI, Brent, NatGas, Gold, and Silver markets 🛢️🟡⚪
🔓$200 in rewards once 500K combined volume is hit (Max 20 claims)
⬇️10% trading discount with https://t.co/R4YsR7GI8Z
Plus:
🏆$1000 5 day volume-trading competition for traders once 20 claim limit reached. Top 3 share in prize pool (1st = $500, 2nd = $300, 3rd = $200)
All users must register on Voltrade. Campaign is LIVE 🟢 https://t.co/fbN931Pmaw
a bearish gmx:native whale just opened a $39 million BTC short at 100x leverage
check the simulated orderbook chart to see howmuch you would get paid longing BTCand balancing the pools.
imbalance funds the opposite trade. bulls in move now.