A new Governance proposal is now live on Snapshot: 🔸 Deter | GMX on Binance Square

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A new Governance proposal is now live on Snapshot:
🔸 Determining the potential listing of new markets for EIGEN
Tokenholders, please review the proposal and cast your vote now:

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The following updates have been completed by GMX's development contributors over the past weeks: 🔸 Achieved major improvements in optimising https://t.co/OD4zHYFkKG dApp performance, speeding up load times by 2.5x. 🔸 Worked with the GMX-Solana contributors on the next steps for bringing GMX to the Solana blockchain, including partnering with Chainlink Data Streams and starting the code audit 🔸 Created new markets for traders and pools for liquidity providers: APE, SEI, SUI, APT, TIA, POL, TON and TRX 🔸 Introduced BB&D, with the protocol transitioning to GMX token repurchases and staking rewards being received in GMX tokens rather than ETH/AVAX 🔸 Introduced Take-Profit and Stop-Loss orders on GMX automatically cancelling when the position they're linked to is fully closed 🔸 Polished the GLV dashboard and optimised the GLV vault balancing, asset caps, and liquidity shift frequency 🔸 Improved the Trade-box and Earn & Pool pages with minor UI changes and optimisations 🔸 Switched to an updated Chainlink data feed for wstETH, updating the configs for the wstETH markets and removing the 1% sell fee introduced to prevent toxic flow

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GMX has launched two new perpetual swap markets: 🔸 TON/USD 🔸 TRX/USD Trade TON from @Toncoin or TRX from @Trondao directly from your self-custody wallet, and take advantage of GMX's deep liquidity and fast onchain execution! --- Both markets are synthetic and facilitated by underlying WETH-USDC liquidity pools. These two GM pools are also included in GLV [WETH-USDC], the new highly-performant GMX Liquidity Vault. GLV is essentially an enhanced version of GLP: it is the index pool of synthetic GM Markets, with your liquidity automatically rebalanced to its best-performing markets. This unique mechanism allows GLV to support a theoretically infinite number of markets simultaneously. The automatic rebalancing process optimises capital efficiency for GLV liquidity providers, as it channels their deposited funds to the markets with the highest utilisation and returns. Trade the new markets on @Arbitrum, or purchase GLV to earn from the top-performing pools on GMX automatically: ➡️

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🫐 https://x.com/GMX_IO/status/1853374263492825568/photo/1

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GMX introduces two new perpetual swap markets: 🔸 TIA/USD (from @CelestiaOrg) 🔸 APT/USD (from @Aptos) Go Long or Short on the TIA or APT token with lightning-fast onchain execution straight from your self-custody wallet; no deposit required! --- These new markets are synthetic perpetual futures, supported by underlying WETH-USDC liquidity pools. Both GM pools have also been added to GLV [WETH-USDC], the innovative GMX Liquidity Vault. By adding these markets to the GMX Liquidity Vault, liquidity will automatically shift to these pools to meet trader demand. This unique mechanism allows GLV to support numerous synthetic markets simultaneously. GLV can be viewed as an enhanced version of the GLP pool from GMX V1. It acts as an index of GM pools, dynamically rebalancing its liquidity to the best-performing pools, thereby generating fees from all of them. Consequently, GLV offers liquidity providers a balanced product with stable risk-adjusted returns and optimal capital efficiency. Trade the new markets on @Arbitrum, or purchase GLV to automatically earn from the top-performing pools on GMX: ➡️

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New Take-Profit and Stop-Loss orders on GMX will now be automatically cancelled when the position they're linked to is fully closed. You can disable this feature in the Settings menu, if you wish. https://x.com/GMX_IO/status/1851952013661163629/photo/1

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