Search results for "GMX"
2026-03-06
06:08

GMX responds to MegaETH launch progress concerns, contract deployed, official launch date to be announced

GMX responded to community questions about the MegaETH launch progress by stating that since the mainnet went live in February, ecosystem development has been steadily progressing, with most protocols still in testing. The team has deployed smart contracts and is working to ensure liquidity and optimize user experience, but a formal launch date has not yet been determined.
More
GMX3,67%
13:12

GMX DAO adjusts buyback and liquidity through governance proposals to restore price discovery

Odaily Planet Daily reports that GMX DAO recently approved a strategic plan to address the limited effects of ongoing buybacks and the pressure on prices caused by excess supply on CEXs. Under the new plan starting this week, staking rewards will be directed to the protocol treasury, and protocol liquidity will be concentrated within GMX's own infrastructure. This move aims to optimize the price discovery mechanism, reduce the impact of excess exchange supply on the market, and strengthen the protocol's intrinsic value support.
More
GMX3,67%