Tradao is the first onchain permissionless copy trading & data analysis platform for @GMX_IO
Derivative
- Tweets 824
- Following 377
- Followers 18,649
- Likes 1,184
Tradao retweeted
The GMX DAO community has addressed key questions around the distribution plan for the recovered GLP funds. A follow-up vote is expected to go live on Snapshot tomorrow, Thursday.
Once the results of this vote are in, the distribution of the funds to users will begin.
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Tradao retweeted
Our initial analysis of today’s GLP exploit, conducted in collaboration with our security partners and lead auditor, still confirms that the attack vector is specific to GMX V1. The manipulation involved relates to the calculation of the short average price on V1, and the same calculation mechanism is not employed in the GMX V2 contracts.
Out of an abundance of caution, GMX had already updated the caps for the GM tokens of GMX V2 on Arbitrum and Avalanche, so that minting new tokens is currently restricted in most liquidity pools. A follow-up notification will be sent out once this restriction is lifted.
GMX will provide a detailed post-mortem analysis publicly, as soon as the investigation into the incident is complete.
The GLP pool of GMX V1 on Arbitrum has experienced an exploit. Approximately $40M in tokens has been transferred from the GLP pool to an unknown wallet.
Security has always been a core priority for GMX, with the GMX smart contracts undergoing numerous audits from top security specialists. So, in this hands-on-deck moment, all core contributors are investigating how the manipulation occurred, and what vulnerability may have enabled it.
Our security partners are also deeply involved, to ensure we gain a thorough understanding of the events that occurred and minimise any associated risks as quickly as possible. Our primary focus is on recovery and pinpointing the root cause of the issue.
Actions taken:
Trading on GMX V1, and the minting and redeeming of GLP, have been disabled on both Arbitrum and Avalanche to prevent any further attack vectors and protect users from additional negative impacts.
Scope of the vulnerability:
Please note that the exploit does not affect GMX V2, its markets, or liquidity pools, nor the GMX token itself.
Based on the available information, the vulnerability is limited to GMX V1 and its GLP pool.
As soon as we have more complete and validated information, a detailed incident report will follow.
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Tradao retweeted
The GLP pool of GMX V1 on Arbitrum has experienced an exploit. Approximately $40M in tokens has been transferred from the GLP pool to an unknown wallet.
Security has always been a core priority for GMX, with the GMX smart contracts undergoing numerous audits from top security specialists. So, in this hands-on-deck moment, all core contributors are investigating how the manipulation occurred, and what vulnerability may have enabled it.
Our security partners are also deeply involved, to ensure we gain a thorough understanding of the events that occurred and minimise any associated risks as quickly as possible. Our primary focus is on recovery and pinpointing the root cause of the issue.
Actions taken:
Trading on GMX V1, and the minting and redeeming of GLP, have been disabled on both Arbitrum and Avalanche to prevent any further attack vectors and protect users from additional negative impacts.
Scope of the vulnerability:
Please note that the exploit does not affect GMX V2, its markets, or liquidity pools, nor the GMX token itself.
Based on the available information, the vulnerability is limited to GMX V1 and its GLP pool.
As soon as we have more complete and validated information, a detailed incident report will follow.
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We're NOW in 12th place! ~$80M trading volume growth in a week.
GMX remains trusted by traders! The volume speaks for itself. #MGGA
Finally surpassing @Rewkang's previous affiliate trading volume.
Although AK left GMX, many "AK" still trade on GMX.
🏆 Rank: 13th
💵 Trading Volume: ~$1.48B
👫 Referrals: 239
🔢 No. of Trades: 29,071
Trade on GMX with 10% discount: app.gmx.io/#/trade/?ref=trad…
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Finally surpassing @Rewkang's previous affiliate trading volume.
Although AK left GMX, many "AK" still trade on GMX.
🏆 Rank: 13th
💵 Trading Volume: ~$1.48B
👫 Referrals: 239
🔢 No. of Trades: 29,071
Trade on GMX with 10% discount: app.gmx.io/#/trade/?ref=trad…
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🥳More than $1.4B trading volume brought to GMX!!
This's not only a new milestone for us, but also shows the huge potential of GMX!
Some exciting things are being cooked! Stay tuned👀
#MGGA
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Congrats @Livelymal!
Please join our Discord, submit a ticket with your details, and receive your rewards! 🚀
We’re partnering with @ellipal to spotlight the ELLIPAL X Card — the world’s first air-gapped card wallet, designed for true cold storage.
Card Vault: Simple, Secure.
🎁 Win a free customized X Card cold wallet!
To enter:
1⃣ Follow @Tradaoperp & @ellipal
2⃣ Like + RT this post
3⃣ Tag 3 crypto friends 👇
⏳ 48 hours only — don’t miss it.
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Tradao retweeted
Why trade on GMX in 2025?
Here’s why it’s still the DEX for onchain natives 👇
🔹 Fully permissionless. 100% self-custody. No deposits. No middlemen. Trade straight from your wallet.
🔹 Transparent & verifiable. All data on public chains. What you see is what the protocol sees.
🔹 Deep liquidity. Plus you get zero price impact on BTC & ETH on their single-asset pools.
🔹 100x leverage when you need it.
🔹 Lower liquidation risk. Transparent #Chainlink Data Streams oracles prevent CEX-style price spikes and unfair liquidations.
🔹 1-Click Trading = true DEX flow, with a CEX feel. No wallet popup spam, just streamlined onchain execution.
🔹 Trade 70+ assets w/ deep liquidity. BTC, ETH, SOL, LINK, FARTCOIN, meme coins & more.
🔹 Use your favorite collateral. Long BTC w/ BTC, short SOL w/ SOL, or even long ETH w/ stETH or USDe to earn yield while you trade.
🔹 Funding farming strategies? Multi-collateral support makes it easy. No other Perp DEX does this better.
🔹 Battle-tested. 6+ audits, $5M bug bounty, zero significant exploits.
Bonus:
🌍 GMX is on #Arbitrum, #Avalanche, and #Solana, and is actively expanding across Base, Sonic, Berachain, & more. Remember the name: GMX Multichain. You'll hear a lot about it this year.
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We’re partnering with @ellipal to spotlight the ELLIPAL X Card — the world’s first air-gapped card wallet, designed for true cold storage.
Card Vault: Simple, Secure.
🎁 Win a free customized X Card cold wallet!
To enter:
1⃣ Follow @Tradaoperp & @ellipal
2⃣ Like + RT this post
3⃣ Tag 3 crypto friends 👇
⏳ 48 hours only — don’t miss it.
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🥳We are 14th now!! Do you know who is 13th?
That is @Rewkang! WE ARE COMING😏
🏆Rank: 14th
💵Trading Volume: $1.23B
👫Referrals: 233
🔢No. of Trades: 23,816
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Tradao retweeted
GMX on BTC?😏
Bitcoin Finance is growing on Botanix. @GMX_IO is looking to launch a Bitcoin-native version of its exchange on the network.
Here are the details:
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Another $10M in trading volume and @Tradaoperp will be the #14 on @GMX_IO's top affiliate list!
Trade on GMX with 10% fee discount now: app.gmx.io/#/trade/?ref=trad…
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RT @GMX_SOL: Establishing the GMX Reserve for GMX Solana
We are pleased to announce that now is an opportune time to establish the GMX res…
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Tradao retweeted
祝贺 Tradao 获得推荐收入#15！
他们当之无愧地展示了优秀的交易者和复制交易
如果您是 KOL 并喜欢被动推荐收入，
创建您自己的代码并传播给您的朋友
app.gmx.io/#/referrals
🚀 Tradao have absolutely crushed it this time! We’ve fought our way through the ranks of @GMX_IO's top affiliates and snagged an insane milestone!
🏆Rank: 15th
💵Trading Volume: $1.13B
👫Referrals: 233
🔢No. of Trades: 23,733
Big thanks to every single one of you who’s supported us. We’re not slowing down—more surprises are coming your way! 💪
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🚀 Tradao have absolutely crushed it this time! We’ve fought our way through the ranks of @GMX_IO's top affiliates and snagged an insane milestone!
🏆Rank: 15th
💵Trading Volume: $1.13B
👫Referrals: 233
🔢No. of Trades: 23,733
Big thanks to every single one of you who’s supported us. We’re not slowing down—more surprises are coming your way! 💪
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