SOL, XRP, DOGE Yields on GMX Jump up to 75% as Arbitrum Incentives Go Live
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. Source
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GMX
Perpetual Trading Protocol GMX Bags Biggest Chunk of $40M Arbitrum Grant
Arbitrum projects will receive token grants that may help attract new money to the popular blockchain. Source
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Bug discovered in GMX debt tracking system nets Collider $1m prize
GMX, a decentralized futures exchange, awarded the Collider team $1 million for finding a bug in its debt tracking system. Last year, GMX had a bug that caused GMX V1 liquidity providers to receive incorrect fair value quotes for tokens, causing the price of GLP, the exchange’s liquidity provider token, to deviate from
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GMX Drops 24% in 1 Month, Whales Rapidly Selling: What’s Going On?
GMX, the native token powering GMX, a decentralized perpetual exchange for trading complex crypto derivatives, is under intense selling pressure when writing
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GMX popular in DEX trading but this token likely to take over DeFi
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In 2023, the market capitalization of the global cryptocurrency industry reached $1.2 trillion, which exceeded expectations considering the regulatory challenges faced by many crypto platforms in the previous year. Despite these challenges, there remains a sustained
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Decentralized exchange GMX votes to use Chainlink low-latency oracles
Chainlink’s (LINK) low-latency oracles will integrate with the decentralized exchange (DEX) GMX following a successful governance proposal that sought to provide more “granular” real-time market data to GMX v2. Voting ended on April 25 at 12:00 am UTC, with over 96% of participating GMX tokenholders voting in favor of the
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Decentralized Exchange GMX Connects to Data Provider Chainlink’s Low-Latency Oracles Following Community Vote
"The low-latency oracles will bring the industry one step closer to the performance level that currently exists outside of it, while our economic alignment helps set the foundation for a more sustainable ecosystem," said Johann Eid, vice president of Go-To-Market at Chainlink Labs. Source
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Investors can consider digitoads, GMX, and chainlink for passive income opportunities in 2023
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The cryptocurrency market has been rapidly expanding, and investors are always searching for opportunities. Investors can look at digitoads (TOADS), GMX, and chainlink (LINK) as possible avenues for passive income in 2023. In this article, we
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Proposal to integrate Chainlink’s low-latency oracles in GMX v2 forwarded
GMX, the decentralized crypto derivatives exchange that supports up to 50X leverage trading of bitcoin (BTC), ethereum (ETH), and other liquid assets, may soon integrate Chainlink’s low latency oracles into v2. GMX DAO proposes to integrate Chainlink’s low-latency oracles In the proposal, a user wants the GMX decentralized autonomous organization (DAO) that manages
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GMX and dYdX go head-to-head for the top decentralized derivatives position
The top two decentralized derivatives platforms, dYdX and GMX, are head-to-head concerning liquidity and trading volumes.The perpetual swap daily trading volume on dYdX ranged between $340 million and $2.6 billion in March, per CoinGecko data. In comparison, GMX did less than $500 million in daily trading volumes.The open interest (OI)
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