X 🫐

Building on @GMX_IO

[GMX 🫐 @GMX_IO]

https://t.co/VqJbrVjHBA

[GMX 🫐 @GMX_IO]

Additional liquidity tokens will be available cross-chain soon:

[GMX 🫐 @GMX_IO]

https://t.co/7jN1gVTcwS

[GMTrade @gmtrade_xyz]

First look at the Mobile pre-alpha experience we've been testing behind the scenes ⚡️

Phase one nails down the onboarding flow and core perp trading interface.

This is the foundation we're building upon as we move through each phase and expand access.

And yes, the new look is intentional.

Full picture of what's ahead drops soon 👀

[X 🫐 @xdev_10]

@aixbt_agent GMX has also launched multichain, traders and LPs on Base and BNBChain can connect to a unified liquidity pool providing a seamless experience across all connected chains

[GMX 🫐 @GMX_IO]

The @MorphoLabs lending market now supports GLV.

GMX's GLV [WETH-USDC] and GLV [WBTC-USDC] liquidity products can both be used as collateral for borrowing, on the @Arbitrum blockchain. This enables liquidity providers to easily enhance their capital efficiency.

1/3 ⬇️

[GMX 🫐 @GMX_IO]

GMX is now live on @BNBChain!

This crucial expansion brings our transparently fair, liquid Perp and Spot markets to one of the largest DeFi ecosystems.

All of BNB Chain's ~4.5 Million daily active users can now trade on GMX: permissionlessly and seamlessly cross-chain.👇

1/🧵

[GMX 🫐 @GMX_IO]

GMX's Perp markets are now featured on CoinGecko, showcasing how the DEX has effectively scaled:

From just 4 GLP markets to 100+ GM markets. And from launching on @Arbitrum & @Avax, to expanding to @Solana, to now enabling trading from *all* EVM chains.

GMX Everywhere.

1/2

[GMX 🫐 @GMX_IO]

https://t.co/r3JbSaUC5w

[GMX 🫐 @GMX_IO]

Both GLV [WETH-USDC] and GLV [BTC-USDC] liquidity tokens are now usable as collateral in Radiant's money market.

This unlocks approximately ~60 million in liquidity, boosting capital efficiency for GMX V2 LPs. 🫐

[GMX 🫐 @GMX_IO]

Today, along with a major revamp of the dApp interface, traders will notice a big improvement to the price impact mechanism as part of the GMX V2.2 upgrade.

Now, when you open positions, you do so at the mark price, and your position's price impact no longer affects your entry price. Instead, price impact is "stored" and only applied as net impact once you close your position.

This 'Post-Position Price Impact' mechanism significantly boosts the user experience for traders on GMX.

Previously, negative price impact also had no maximum limit when you opened or increased a position. Moving forward, net impact will be capped at 0.5% (50 basis points) for *any* position size, when it is calculated at the time of position close/decrease.

This means that any potential negative price impact is also capped, and the remaining amount will be returned to you as a rebate.

In the past, these rebates required a manual approval process for risk management purposes, which could take up to 10 days. Now, this will be an automatic approval process, and you can expect your claim to be ready in 5 days.

[tano.eth @tanoeth]

https://t.co/FTtK0PCupd

[GMX 🫐 @GMX_IO]

Anyone can provide liquidity on GMX and earn from 3 revenue streams: market-making, swaps, and leverage trading. The GM pools and yield-maximising GLV vaults offer top-tier returns. Take the LINK/USD market on Arbitrum, for example:

🔹 $11.2M liquidity, currently at ~90% utilisation
🔹 25.23% Fee APR this month
🔹 An additional 6.72% APR vs. benchmark over the last 3 months

GM liquidity providers earn 63% of all trading fees. And the GM pools face lower impermanent loss than typical AMMs. As a result, the pools consistently outperform benchmark LP positions (like a Uniswap V2-type 50/50 rebalancing pool).

GMX V2 generally has balanced OI, thanks to incentives for LPs and traders as well as an Adaptive Funding mechanism. So exposure to trader PnL as an LP is limited, and generally positive in the long term.

Providing liquidity on swap AMMs like Uniswap is an outdated strategy. Move your liquidity over to GMX to earn significantly better returns 👇

$LINK

[tano.eth @tanoeth]

$CVX, $OKB and $KAS now live on $GMX

[GMX 🫐 @GMX_IO]

Here are some of the market-leading LP opportunities on GMX from the past month:

[Crypto DeFi 𝕏 @Crypt0_DeFi]

GMX V2.2 on Arbitrum: Smarter, Safer, and Faster

Big news for crypto traders and GMX fans! With GMX V2.2, the protocol is taking risk management, pool efficiency, and treasury strategy to the next level now fully leveraging

@Arbitrum’s fast and low-cost Layer-2 network.

▪️Why This Proposal Matters

@GMX_IO pools collect Price Impact funds from trades that move the market. These funds help rebalance pools and reward traders fairly. Over time, excess funds have built up, but before V2.2, these funds were:

🔹Locked in individual pools, making them hard to use efficiently

🔹Causing small balance distortions that could affect LPs

🔹Sitting idle despite pools delivering over 30% annualized returns for ETH and BTC markets

Now, with V2.2, these funds can be redeemed into the GMX DAO Treasury, creating a clear, strategic resource for the protocol.

▪️What V2.2 Changes

🔹Redeemable Price Impact Funds. Excess funds can move from pools to the DAO Treasury

🔹Better Risk Management. The DAO can manage funds across all pools, not just individually

🔹Supports Hybrid Models. Future permissionless markets and pooled risk management are possible

🔹Improved Pool Rebalancing. Removing distortions boosts efficiency and performance

All of this runs on Arbitrum, meaning transactions are fast, cheap, and fully secured by Ethereum.

Traders can benefit from GMX pools without worrying about high gas costs or slow execution.

▪️Current GMX Metrics

GMX is growing fast:

🔹Open Interest: $245 million
🔹GM Token Liquidity: $447 million
🔹Total Volume: $312 billion
🔹Price Impact Funds: $19 million

With V2.2, part of these funds can now be safely transferred to the DAO Treasury while pools keep enough balance to operate smoothly.

▪️Proposal Details

🔹Maintain sufficient funds in pools for proper operation
🔹Move surplus funds to the DAO Treasury using timelocked transactions with Security Committee oversight
🔹Funds are in Index tokens, fully separate from LP assets, so no risk to GM token or LP holdings

▪️These treasury funds can be used for:

https://t.co/MBC2TJBr80 Safety Reserve Fund. Extra security and risk protection
2.Umbrella Risk Framework. Flexible allocation across pools
3.Liquidity and Trading Incentives. Grow the ecosystem and attract more users
https://t.co/o70F08jnKU Pool and GLV Bootstrapping. Support deeper liquidity

🔹🔹👇👇👇👇

[Jayski 🫐 @JayskiDeFi]

Notable milestone for @GMX_SOL, OI over $1.2m!

GMX Solana has been constantly producing and researching technical achievements such as RWA trading - $SPY, Just in Time liquidity, borrow fees minting $GT and much more.

Get in early and mint $GT!

https://t.co/py8h1DfA6q