🙋 8000 users in 24 hours 💫 $888 Million in 24h volume ⚡ $380 Million in Open Interest New all-time highs were reached on #GMX on this turbulent day. | GMX on Binance Square

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🙋 8000 users in 24 hours💫 $888 Million in 24h volume
⚡ $380 Million in Open Interest
New all-time highs were reached on #GMX on this turbulent day.

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GMX and the TON Foundation are collaborating, to push the boundaries of DeFi on decentralised, public blockchains: As part of this initiative, the TON Foundation and GMX are launching a developer competition. We invite participants to design a cutting-edge Perpetual DEX on the $TON Blockchain, which achieves two key goals: 🔹 Drive innovation in high-frequency trading 🔹 Drive innovation in transaction fee optimisation Through this collaboration, the TON Foundation seeks to leverage GMX’s extensive Perp DEX expertise, including on efficient, low-slippage trading and competitive fee structures. GMX's focus is on supporting the evolution of trading on public blockchains, and the potential opportunities this creates for the GMX DAO. Developers, founders, and projects within the TON ecosystem are encouraged to apply for the competition, which offers a chance to win GMX advisory services and TON Foundation support. Apply here:

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Announcing: X Spaces Live - an AMA session with GMX and the builders behind @Exit_Market, @UmamiFinance and @Bonsai_DAO: 📅 Thursday, December 19 ⏰ 6 PM UTC / 1 PM ET Set a reminder: https://x.com/i/spaces/1yoKMyawZpXKQ

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An in-house SDK for #GMX has been developed and released. You can find it here: ✅ https://github.com/gmx-io/gmx-interface/tree/master/sdk We hope it adds value for you, as GMX users and integrators. If there's anything that can be further optimised, please reach out on socials. 1/2

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The GMX developers have proposed an elaborate Development Plan for GMX v2.2 and v2.3 to the community. You can find the link below in the comments. Alongside, all the following protocol refinements were realised in the last weeks: 🔸 Decreased the Funding Rates on GMX for all #Arbitrum markets 🔸 Introduced numerous new markets for traders and liquidity providers: FLOKI, MEW, MEME, BOME, FIL, XLM, RENDER, ADA, BCH, DOT, ICP, PENDLE, BONK, WLD, and TAO 🔸 Launched Single-Token Pools for SOL/USD and GMX/USD, allowing single-sided liquidity provision to these markets 🔸 Reduced Open and Close fees by 25% for the SOL/USD, DOGE/USD, and LINK/USD markets 🔸 Implemented Liquidation Fees for these same markets as a trial 🔸 Updated PEPE, SATS, and SHIB tokens to kPEPE, mSATS, and kSHIB for a better user experience 🔸 Deployed a new ChainlinkDataStreamProvider, allowing GMX to further reduce the spread 🔸 Re-deployed the ExchangeRouter and GlvRouter contracts to include additional functionality 🔸 Made improvements to the Pool selector, chart loading speed, and various other UX enhancements on the Trade page

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GMX launches a new perpetual market on #Arbitrum, by popular demand: 🔸 FIL/USD (Filecoin) Trade the FIL token permissionlessly with up to 50x. Your wallet, your funds, your trades! $FIL @Filecoin #FIL

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