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#GMX

4 Stories Found
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Solana Perp Trading Volume Surges 65% Amid Declining Spot Market Activity
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Solana Perp Trading Volume Surges 65% Amid Declining Spot Market Activity

Key Highlights GMTrade dominated decentralized perpetual trading activity, generating roughly 77% of the tracking table’s weekly turnover despite broader downturns in spot DEX volume and stablecoin capitalization. Trading incentives, referral structures, and conditional treasury buybacks via GT points helped fuel user engagement, though the protocol’s tokens remain distinct from native GMX assets. As of November ...

GMX Launches Dollar Vault Backed by Bitcoin, Ethereum, and Other Major Cryptos
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GMX Launches Dollar Vault Backed by Bitcoin, Ethereum, and Other Major Cryptos

Key Highlights Decentralized exchange GMX has launched the $GMX Dollar Vault, enabling users to deposit $USDG across seven distinct cryptocurrency markets. Supported assets in the multi-asset liquidity framework include Bitcoin, Ethereum, Solana, XRP, NEAR, Zcash, and Hyperliquid. Depositors earn yields generated directly from platform trading volume, supported by an initial launch boost campaign running through ...

GMX Migrates Staking to New Smart Contracts on Arbitrum and Avalanche
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GMX Migrates Staking to New Smart Contracts on Arbitrum and Avalanche

Key Highlights: Decentralized exchange GMX is introducing modifications to its staking mechanisms and staking contract architecture. Market participants are monitoring the protocol to evaluate how the updates impact ecosystem liquidity, trading dynamics, and overall user activity. The contract updates are designed to strengthen platform security and respond directly to the evolving demands of GMX users. ...

Arbitrum Sees Notable USDG Growth Driven by Morpho and GMX
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Arbitrum Sees Notable USDG Growth Driven by Morpho and GMX

Key Highlights: Arbitrum’s current trading environment shows minimal overall volume, with network engagement heavily concentrated around specific assets such as $USDG. Key decentralized finance (DeFi) platforms including Morpho and GMX ($GMX) are under close observation to see how expanding $USDG activity affects platform-wide liquidity. Market participants are monitoring whether focused growth around select stable assets ...