Between March 5 and March 10, 2026, the GMX DAO successfully completed a token repurchase operation. Over this timeframe, the organization bought back a total of 13,530 $GMX tokens. The overall expenditure for these transactions amounted to roughly $89,000, which translates to an average purchase price of around $6.62 per token. 🫐
Here is a statistical overview of the GMX ecosystem. We offer a robust trading infrastructure that is fully accessible to builders and everyday users alike. To date, the platform has supported more than 750K traders while processing over $350B in volume. This activity has occurred across 100+ active markets, resulting in $480M in fees. Additionally, the ecosystem now features 70+ protocol integrations.
For the nearly 2,000 daily traders active on our platform, a major update likely caught your eye this week. GMX has successfully introduced live in-dapp Chat Support. Beyond this new assistance feature, we have implemented a redesign of the Trading Interface. This refresh aims to simplify the management of conditional orders and leverage, while effectively laying the groundwork for the future release of Cross-Margin.
The GMX Labs Funding Proposal (2026-2027) has successfully moved to Phase 4 of the governance workflow and is currently live on @Tallyxyz. We ask that you participate by casting your vote directly or by ensuring your voting power has been delegated. Please visit https://www.tally.xyz/gov/gmx to take action.
Voting is now underway on Snapshot for a crucial governance matter. The community is asked to weigh in on the proposal named A Strategic Plan to Neutralize CEX Supply Overhang and Restore GMX Price Discovery (Revised). Please evaluate the information carefully and submit your vote at https://snapshot.org/#/gmx.eth
Unlike most trading platforms that require stablecoins for perps, GMX offers a distinct advantage. You are empowered to utilize your preferred collateral—such as BTC, ETH, SOL, LINK, AAVE, and more—to open coin-margined long or short positions. The platform delivers a trader-friendly user experience characterized by minimal friction.🫐
We are pleased to announce that the MET/USD trading pair has been added to our offerings. You can now open long or short positions on @MeteoraAG while enjoying rapid onchain execution and leverage capabilities of up to 25x. This market is live on GMX and accessible via Arbitrum, Base, Ethereum, and BNB Chain.
The CC/USD perpetual market is now live on GMX. This addition allows you to trade the @CantonNetwork token with leverage of up to 25x. Users on Ethereum Mainnet, Arbitrum, Base, and BNB Chain can access this market immediately.
We would like to alert our community that a fresh governance proposal titled Dynamic BBD Adjustment - Capping APR and Accumulating Overhead is currently active on Snapshot. It is time for all tokenholders to make their voices heard. Please proceed to the link provided below to cast your vote: https://snapshot.box/#/s:gmx.eth/
The GMX platform currently supports a community of over 45,000 individuals holding its liquidity provider tokens, specifically $GM and $GLV. Participation is open to everyone, granting access to yields derived from three distinct sources of revenue. We invite you to transfer your assets and begin generating superior returns:
The Snapshot platform has been updated with a recently submitted DAO proposal regarding the GMX Marketing & Trader Incentive Program. You are encouraged to participate in the governance process by following the link below to place your vote: https://snapshot.box/#/s:gmx.eth/
GMX is officially deploying on @MegaETH. This network boasts a capacity exceeding 100,000 TPS along with sub-10-millisecond blocks. This allows for genuine real-time onchain Perp trading built upon EVM infrastructure. The launch is scheduled for early Feb., taking place after the debut of Mega's mainnet. 🧵 1/
The governance process has officially opened for the GMX Labs Funding Proposal (2026-2027) on the Snapshot platform. We encourage every tokenholder in the DAO to participate in this important decision. Kindly submit your vote by visiting https://snapshot.box/#/s:gmx.eth/
We are excited to share that the IP/USD perpetual swap has officially been released. You are now able to execute long or short strategies on the @StoryProtocol token with onchain leverage of up to 25x. This offering is supported for traders on the Ethereum Mainnet, BNB Chain, Arbitrum, and Base.
We are pleased to introduce a new market for traders:
🔸 LIT/USD
Users can now trade @Lighter_xyz perps featuring fast onchain execution, competitive trading fees, and up to 25x leverage. Available immediately to everyone on Ethereum, Arbitrum, Base, and BNB Chain.
A new XAUT/USD market has officially launched on GMX.
You can now trade @TetherGold with up to 25x leverage across Arbitrum, Ethereum, Base, BNB Chain, Solana, or Avalanche.
Supported by BTC-USDC liquidity, this synthetic Perp allows you to long Gold using BTC collateral, offering the opportunity to capture the upside of both assets.