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On X, ZZZ, and GMX X, GMX's original lead developer, has stepped back from active development and is nowadays an advisor to GMX. He has personally confirmed that he deployed $ZZZ on Robinhood Chain this weekend. The wallet used for that is not an active GMX deployer and is not connected to any active GMX V2 contract. It is an original personal deployer, the same one also previously used to launch XVIX, a project that preceded GMX. GMX moved to fresh deployer wallets long before this deployment, as part of an OpSec upgrade implemented in coordination with X. Those new wallets are not controlled by individuals and have additional security safeguards. X has renamed his personal Twitter account to @ExponentLabs_ and has started setting out an AI-focused vision for autonomously evolving protocols there. He is building this project outside GM Labs (@GMLabsHQ), the company behind GMX and GMTrade, so GMX has no link to it beyond his advisory role. Anyone curious about what he is building can follow him there.
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GMX offers many advantages if you trade in size: 🔸 Price Impact capped at 0.5% / Zero-price-impact Pools 🔸 Coin-Margined Perpetuals 🔸 Trade from: @Base / @BNBChain / @Arbitrum / @Avax / @Solana 🔸 Frictionless, one-click trading with GMX Express 🔸 TWAP orders & Depth Charts
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A market for Gold is now live on GMX, introducing a popular new asset to the platform: 🔸 XAUt0/USD Trade Tether Gold, the digital token from @Tether that is backed by physical gold. Now available on Perps or Spot. $XAUT 1/4 ⬇️
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A new zero-day market is live, by community demand: 🔸 XPL/USD - from the @Plasmafdn Trade $XPL straight from your self-custody wallet with unrivaled execution speed on Arbitrum. Go Long or Short with low fees and aggregated oracle pricing that minimizes liquidation risk. 1/2
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100,000 users. Made possible by the first 1,000 and the first 10,000. Your supports and feedbacks shaped this. See you at 1,000,000.
edgeX just reached over 100K active users. Unified by liquidity. Driven by the edge.
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GMX應該是第一個上了$OKB 50x的onchain perp dex了 Get 10% discount by using our code: app.gmx.io/#/trade/?ref=trad…
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New RWA Markets are now LIVE on GMXSOL powered by @Chainlink
We’re excited to launch Chainlink Data Streams for U.S. equities & ETFs—real-time, low-latency data to power the next generation of tokenized RWA markets. blog.chain.link/chainlink-da… These new Data Streams are being adopted by top DeFi protocols, including @GMX_IO, @KaminoFinance, & @GMX_SOL. With this update, Data Streams is now delivering robust pricing for major U.S. equities and ETFs—including SPY, CRCL, QQQ, NVDA, AAPL, MSFT, and more—with additional markets and asset classes coming soon. These Data Streams are now available across 37 different blockchain networks. With built-in, industry-first features like market hours logic, staleness detection, and high-frequency pricing from premium data providers, Data Streams sets the standard for servicing tokenized equities and ETFs with critical onchain data, unlocking the next wave in DeFi innovation. With robust, battle-tested oracle infrastructure now in place, key use cases for institutional-grade tokenized assets can now be unlocked, such as tokenized stock trading, perpetual futures, synthetic ETFs, and more. Just as Chainlink Price Feeds underpinned the growth of DeFi, Data Streams serve as the infrastructure backbone for accelerating onchain tokenized equity markets, further powering the convergence between DeFi and TradFi. This is how onchain capital markets scale.
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很多人可能都不太了解GMX的造血能力有多強,這不又有19M要準備轉到國庫了😏
GMX governance is discussing moving $19M earned by price impact to the DAO for: - GMX Safety Reserve Fund - Umbrella Risk Framework - Liquidity and Trading Incentives - GM Pool and GLV Bootstrapping $GMX giga undervalued. gov.gmx.io/t/updating-price-…
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Now Live: a new meme market for traders and liquidity providers: 🔸 SPX6900/USD Go Long or Short on #SPX6900 straight from your own wallet, and experience the optimised execution speed and UX of GMX on Arbitrum. 1/2
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剛在google隨手一搜的ETH生日,第一條竟然是 @justinsuntron 的在幾個月前的豪言,現在就只剩一個小時了,說好的5000呢?說好的生日奇迹呢?😂
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1/ Crypto was supposed to be trustless. But in 2022, we watched everything we were supposed to trust blow up: centralized exchanges, overleveraged funds, opaque risks. It wasn’t a market crash. It was a betrayal. 🧵
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Happy 10th Birthday @Ethereum!
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攻击者选择拿 GMX 给出的 500 万美金赏金,放弃盗走的 4200 万美金。经典。
Posting this message in hopes of connecting with the individual responsible for the GMX V1 exploit. You've successfully executed the exploit; your abilities in doing so are evident to anyone looking into the exploit transactions. The white-hat bug bounty of $5 million continues to be available. It's likely already clear to you that the decision between accepting this bounty and keeping the exploited funds is the difference between being able to spend the funds freely versus taking additional risks to access them. We would like to reiterate that the option of the white-hat bug bounty would lead to an outcome where this $5 million can be freely spent right now. We can assist with providing proof of source of funds if that is ever needed. If we can come to an agreement on this, the $5 million would be legitimately categorised as a white hat bounty. GLP users would be made whole, with the $5 million difference covered by the Treasury's allocated bug bounty funds, so there would be no basis for any further action. Please contact us: Email: security@gmx.io On-chain: (GMX Deployer: 0x5F799f365Fa8A2B60ac0429C48B153cA5a6f0Cf8) Immunefi: (immunefi.com/bug-bounty/gmx/…)
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剛在整理錢包的時候,突然發現其中一個錢包在去年測試Tradao的跟單功能時留下的一張 $ETH 的空單,轉眼今天剛好十六個月。什麼時候能把這張單爆了,e衛兵這輩子也是有了😛 PS: 爆倉價$7300
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Wing 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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Arbitrum 上 GMX V1 的 GLP 池出现漏洞。大约 4000 万美元的代币从 GLP 池转移到了一个未知钱包。 安全一直是 GMX 的核心优先事项,GMX 智能合约经过了顶级安全专家的多次审核。因此,在这个手忙脚乱的时刻,所有核心贡献者都在调查操纵是如何发生的,以及是什么漏洞促成了操纵。 1/3
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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由於GMX的GLP價格突然閃崩,目前官網已暫停GLP的服務了,團隊也正在排查原因,有最新消息會跟大家同步。 V2的GM和V1的GLP並沒有直接關聯,大家暫時不用過度緊張
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GMX reached a major milestone today:
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