Tag: GMX
Abracadabra.Money’s GMX pools hacked, $13M lost
About $13 million worth of cryptocurrency has been drained from decentralized lending protocol Abracadabra.Finance following an exploit targeting pool [...]
SOL, XRP, DOGE Yields on GMX Jump up to 75% as Arbitrum Incentives Go Live
Such rewards have been made possible as the platform was the biggest recipient of Arbitrum’s arb (ARB) token grant following a community vote in Octob [...]
Perpetual Trading Protocol GMX Bags Biggest Chunk of $40M Arbitrum Grant
Arbitrum projects will receive token grants that may help attract new money to the popular blockchain.
www.coindesk.com [...]
Synthetix (SNX) trading volume overtakes GMX, but is the DEX token rally sustainable?
Synthetix weekly trading volumes surpassed $1 billion, overtaking decentralized derivatives exchange GMX to become the second-most active platform.The [...]
Decentralized exchange GMX votes to use Chainlink low-latency oracles
Chainlink’s (LINK) low-latency oracles will integrate with the decentralized exchange (DEX) GMX following a successful governance proposal that sought [...]
Decentralized Exchange GMX Connects to Data Provider Chainlink’s Low-Latency Oracles Following Community Vote
"The low-latency oracles will bring the industry one step closer to the performance level that currently exists outside of it, while our economic alig [...]
GMX and dYdX go head-to-head for the top decentralized derivatives position
The top two decentralized derivatives platforms, dYdX and GMX, are head-to-head around liquidity and trading volumes.The perpetual swap daily trading [...]
Crypto Exchange GMX Proposes Deployment on Coinbase’s Base Blockchain
Whilst the majority of GMX forum users were in favor of the exchange becoming a "first mover" on Base, others had concerns over whether the project's [...]
SEC enforcement action creates a silver lining for GMX, Lido (LDO) and Maker (MKR) price
The United States Securities and Exchange Commission (SEC) has started ramping up its crackdown on the crypto industry and recent enforcement actions [...]
Arbitrum-Based GMX Surpassed Ethereum Blockchain in Daily Fees Over Weekend
The decentralized futures exchange product has gained a loyal community of users in the past few months.
www.coindesk.com [...]
Hackers steal $3.5M worth of digital assets from GMX whale
Hackers have started the year with another exploit, with several million being taken from a whale holding large amounts of decentralized finance (DeFi [...]
Is DeFi back? GMX rallies toward all-time high and LOOKS price gains 30%
In a recent blog post, cryptocurrency legend and former BitMEX CEO Arthur Hayes mentioned he holds sizable bags of GMX and LOOKS tokens. According to [...]
DEX token GMX rallies 35% after beating Uniswap on trading fees for the first time
The price of GMX rallied to its second-highest level in history on Dec. 1 as traders assessed the decentralized exchange's ability to evolve as a seri [...]
Perpetuals-Focused Decentralized Exchange GMX Surpasses Uniswap in Daily Fees Earned
On Monday, GMX earned $1.15 million in trading fees, surpassing Uniswap's $1.06 million for the first time on record.
www.coindesk.com [...]
Decentralized Exchange Token GMX Surges After Binance, FTX Listings
GMX jumped to as high as $60 from around $40, data on crypto price tracker CoinGecko shows, the highest since January, when the price hit $62. The tok [...]