GMX decentralized exchange has listed two revenue-generating assets on the Arbitrum network. The two – Lido's wrapped staked Ether (wstETH) and Ethena Labs' synthetic dollar (USDe)- will support an ETH/USD perpetual futures marketplace on GMX version 2. The new listing reflects GMX's dedication to providing top-notch earning opportunities without compromising liquidity.

GMX, an on-chain perpetual and spot exchange, has announced that a proposal to change the platform's revenue distribution model has entered the on-chain vote stage.

Chainlink, a decentralized computing and oracle protocol, Avalanche, known for its layer one (L1) blockchain technology, and GMX, a notable decentralized exchange, have launched Chainlink Data Streams on the Avalanche blockchain. Chainlink, Avalanche, GMX Launch Data Streams on Avalanche Blockchain In communications shared with Bitcoin.

Chainlink's Data Streams are officially live on Avalanche, according to an announcement just in from Chainlink, Avalanche and GMX, an on-chain perpetual and spot crypto exchange The major integration has GMX as the launch partner that will help power Avalanche's

TL;DR Chainlink, Avalanche, and GMX have launched Data Streams on Avalanche's mainnet, enhancing DeFi with high-frequency, low-latency market data. Data Streams uses a pull-based model for dApps to efficiently access real-time data, crucial for platforms like GMX on Avalanche.

Chainlink Data Streams now live on Avalanche with GMX V2, enhancing DeFi speed and security for the whole AVAX-based ecosystem. The post Chainlink data streams debuts on Avalanche with GMX V2 appeared first on Crypto Briefing.

Blockchain tracking firm Lookonchain says that whales – possibly institutional investors – are accumulating a decentralized exchange (DEX) altcoin. According to Lookonchain, fresh wallets have been accumulating the native token of GMX (GMX), a DEX that operates on the Arbitrum (ARB) and Avalanche (AVAX) blockchains offering spot and leveraged trading.

Amid increased price volatility, the cryptocurrency market has displayed significant price action over the past few days. However, the top tokens continue the struggle to hold prices above their respective resistance level, indicating a mixed sentiment in the crypto space.

GMX, the native token of decentralized perpetual exchange GMX, has soared over 20% in the past 24 hours. The surge was seemingly fueled by a crypto whale move that ignited the community's positive sentiment towards the token.

Binance introduces Auction, GMX, and Liquity as new loanable assets on its flexible rate loans.

GMX Markets are among the most successful on-chain derivative markets, surpassing DyDx based on fees. GMX is extremely secure because its encryption procedure relies on OpenPGP, which has never been cracked.

In this article we explore GMX, a decentralized perpetual trading DEX that allows leverage up to 50X on various cryptocurrencies.

BitMEX founder Arthur Hayes has reportedly sent more than $1 million worth of the decentralized exchange (DEX) altcoin GMX (GMX) to centralized exchanges. Pseudonymous on-chain analyst EmberCN tells their 79,700 followers on the social media platform X that Hayes had controlled the largest personal address for GMX holders since 2022.

Arthur Hayes, the founder of the crypto exchange BitMEX, recently made a move on an altcoin he had held since 2022. This move saw the transfer of over 230,000 GMX tokens to Wintermute Trading, seemingly making a profit of $3.2 million.

GMX price seems to have seen some recovery, finding stability around the $39 mark.

Hayes began accumulating GMX in March 2022 and remained the number one personal address holding the tokens until today.

A report recently published by the BitMEX team has reported new details of Satoshi Nakamoto's accounts in 2014. One of them was the GMX email account of the mysterious Bitcoin founder.

A closely followed crypto strategist believes that a decentralized exchange (DEX) altcoin is flashing signs that it could be about to take off on a bullish rally.

GMX's price increased by more than 35% in the last seven days while a bullish pattern formed on its price chart.

Arthur Hayes, the renowned founder of BitMEX, made significant moves in the cryptocurrency market that have left the community buzzing.

The cryptocurrency industry had a relatively mixed year in 2023. It started the year well and then resumed the crypto winter where most coins were in a narrow range. It then bounced back in the fourth quarter, with most coins and tokens surging. There are now over 11,600 cryptocurrencies, according to CoinGecko.

Trading activity has surged on GMX. This was because of the general market rally in the past few days.

AVAX and GMX have over 60% and over 40% holders holding in profit, respectively. AVAX has increased by over 100% in value in the last two months.

GMX recorded a slight decline in TVL in the last month. Network activity, however, grew during the same period.

The spot and perp exchange has stamped its spot as the leader on Arbitrum. If GMX continues to ship new features, it could be bullish for price action.

Bitcoin price rose to $38,000 for the first time since April 2022 in a relatively low-volume environment. This rebound helped push the total market cap of all cryptocurrencies to over $1.5 trillion as other coins jumped. Some of the other top-performing cryptocurrencies were Lisk, Sei, Spell Token, and GMX.

The total value locked on GMX on its V2 data platform has soared to more than $171 million, according to details on DeFiLlama. GMX V2's soaring TVL comes just days after the decentralised spot and perpetual exchange rolled out an Arbitrum (ARB) incentive program.

The altcoins market has recently witnessed a resurgence of interest and confidence, primarily driven by the largest cryptocurrency, Bitcoin (BTC). This renewed enthusiasm has resulted in a bull uptrend, with most of the top 100 cryptocurrencies benefiting from Bitcoin's resurgence.

Arbitrum protocol's flourishing ecosystem experiences substantial growth, with GMX playing a pivotal role. This active participation in the DeFi sector reinforces Arbitrum's position in the market.

Due to the ongoing bullish trend, traders have flocked to GMX to speculate on the future values of crypto assets, driving up the protocol's trading fees and volume to new highs.

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 October.

An executive from digital assets investment firm Pantera Capital is predicting that GMX and one other decentralized exchange (DEX) altcoin will soon begin to outperform and steal value away from Uniswap (UNI).

Out of 100 applicants, Arbitrum chose to focus on derivative protocols and decentralized exchanges. However, approved projects need to report on their respective progress regularly.

As the $40 million Arbitrum grant program comes to an end, the perpetual trading platform GMX secured the largest payout. However, liquid staking platform Lido walked away empty-handed.

Arbitrum's first grant application round has concluded, with 29 projects set to collectively receive 49.6 million ARB tokens ($40 million).

Arbitrum projects will receive token grants that may help attract new money to the popular blockchain.

Amid escalating concerns over the U.S. government shutdown, the cryptocurrency market unexpectedly rallied during the final week of September. The surge was not uniform across the market; as some of the cryptocurrencies exhibited particularly strong bullish momentum.

Following the launch of GMX quests, the leading decentralized exchange has recorded a new daily all-time high for network activity on its V2 iteration.

GMX, the decentralized exchange (DEX), made headlines in 2022 when it awarded Collider Research a substantial $1 million bug bounty.

GMX, a decentralized futures exchange, awarded the Collider team $1 million for finding a bug in its debt tracking system

Decentralized perpetual futures trading exchange GMX gave the bounty last year but it is just now being made public.

Binance will be removing more trading pairs soon. Find out which.

The cryptocurrency market has been volatile in recent months, with some projects losing over 30% of their value in one month, for over 1% accumulated daily losses. Here are the three worst-performing projects in the last 30 days among the top 100 digital assets by market capitalization as of September 7:

The cryptocurrency market remains turbulent, marked by widespread uncertainty, as most digital assets exhibit increased volatility. Indeed, the market is eagerly awaiting a significant catalyst that can potentially ignite a price momentum in the upcoming days.

In the dynamic realm of decentralized finance (DeFi), GMX has emerged as a true trailblazer, igniting a profound paradigm shift in the way traders engage with the ever-evolving crypto market. Through its ingenious implementation within the Arbitrum ecosystem, GMX has not only redefined the landscape of decentralized exchanges but has also become a catalyst for substantial growth and innovation within the entire DeFi space.

Bitcoin (CRYPTO: BTC) moved lower, but the cryptocurrency prices remained above the $27,000 level on Thursday. Ethereum (CRYPTO: ETH), also recorded losses, but traded above the key $1,700 mark this morning.

GMX launched in early September 2021 as a decentralized perpetual exchange offering swaps and leverage trading and it made a big splash in the DeFi community. If you haven't heard about GMX, let's get you up to speed: GMX's launch on Arbitrum was seen as a major DeFi milestone.