GMX 🫐 Re-poster

We are excited to share that GMX is now officially live on @MegaETH, recognized as the very first real-time blockchain.

Users can immediately execute permissionless trades for BTC, ETH, and SOL perps. Furthermore, you have the opportunity to generate yield simply by supplying $USDM to the newly introduced GLV stablecoin vault from GMX. You can also establish your own ref code to bring in friends and secure additional earnings.

Our team is currently prioritizing system stability above all else, but please anticipate further speed optimizations rolling out in the near future.

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Now LIVE: GMX on @MegaETH, the first real-time chain:

🔸Trade BTC, ETH & SOL perps permissionlessly

🔸Earn yield by providing $USDM to GMX's new stablecoin GLV vault

🔸Set your ref code, invite friends, and earn

Stability first; more speed optimizations coming soon:

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From March 18 to March 24, 2026, a successful buyback was executed by the GMX DAO, resulting in the acquisition of 18,500 GMX tokens. The expenditure for this recent action reached ~$120,000, meaning each token was obtained at an average value of ~$6.49. 🫐

Taking a look at the broader initiative spanning from March 5 to March 24, the program has now reclaimed a total of 48,280 GMX tokens. The overall capital dedicated to these repurchases amounts to ~$320,000, which calculates to a blended average rate of ~$6.63 per token. 🔵

$GMX

Reaching an exciting new governance milestone, GMX is officially searching for a CEO.

This crucial position involves driving our overall strategy, bringing a formal structure to our organization, building robust partnerships, and steering GMX into its upcoming era of growth. We are seeking an established leader who possesses a deep comprehension of decentralized infrastructure along with the practical knowledge required to expand it successfully.

The application process is entirely open. We warmly welcome qualified candidates from all backgrounds to submit their credentials.

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Here is a summary of the most recent weekly developments taking place across the permissionless trading platform at GMX:

During the period of March 11 through March 17, 2026, the GMX DAO successfully bought back 16,250 $GMX. This recent acquisition involved an expenditure of roughly $111,000, translating to an average cost of about $6.83 per token. 🫐

When evaluating the entire initiative from March 5 to March 17, the organization has now reclaimed a grand total of 29,780 GMX tokens. The comprehensive spending for the program has reached approximately $200,000, which establishes a blended average purchase price of roughly $6.72 per token. 🔵

Update on the GMX Buy Wall Floor Between March 18 and 25

Financial backing for our latest market initiative has been formally approved through a Tally vote, and the designated resources are safely stored within the GMX multi-sig wallet responsible for managing Protocol-Owned Liquidity. With these funds secured, the Treasury is now deploying a buy wall of 1 million GMX tokens priced at $5 each. As suggested in the Strategic Plan to Restore Price Discovery, this approach serves a dual purpose by allowing us to potentially accumulate GMX at a low cost while smoothly absorbing any extreme supply overhang.

This step follows the highly successful execution of the liquidity consolidation phase detailed in that very same proposal. In addition to these structural improvements, all regular GMX buybacks have fully transitioned over to CEXes, where they are now constantly ongoing.

The newly established buy wall floor is officially active and will remain operational throughout the upcoming weekly epoch spanning March 18 to 25. This specific timeframe provides a convenient alignment with our next scheduled weekly window, matching up perfectly with the 7-day epoch that begins on Wednesday.

Regarding the technical execution, whenever GMX trades at or drops below $5.00, purchasing activity will be directly initiated across both onchain platforms and CEX venues. We currently have an iceberg order active on CEXs to facilitate this, and it will be supplemented accordingly if the $5 floor price is reached. Concurrently, all onchain buying mechanisms will run in parallel to ensure comprehensive and seamless market coverage.

The Governance voting period to choose the Season 4 GMX Security Council is officially open.

As the specialized oversight committee for GMX, the Security Council is tasked with analyzing protocol updates, managing timelock transactions, and delivering organized governance insights on risk issues.

We encourage you to participate and select your favorite candidates by casting your ballot here: https://t.co/urcuFGher9

A Governance vote is now live to elect the GMX Security Council for Season 4.

Please vote for your preferred candidate(s): 🔸https://t.co/urcuFGher9

The Security Council is GMX's dedicated oversight body, responsible for reviewing protocol upgrades, overseeing timelock transactions, and providing structured governance feedback on risk-related matters.

Between March 5 and March 10, 2026, the GMX DAO successfully completed a token repurchase operation. Over this timeframe, the organization bought back a total of 13,530 $GMX tokens. The overall expenditure for these transactions amounted to roughly $89,000, which translates to an average purchase price of around $6.62 per token. 🫐

Here is a statistical overview of the GMX ecosystem. We offer a robust trading infrastructure that is fully accessible to builders and everyday users alike. To date, the platform has supported more than 750K traders while processing over $350B in volume. This activity has occurred across 100+ active markets, resulting in $480M in fees. Additionally, the ecosystem now features 70+ protocol integrations.

Für die nahezu 2.000 täglichen Händler, die auf unserer Plattform aktiv sind, dürfte ein großes Update diese Woche Ihre Aufmerksamkeit erregt haben. GMX hat erfolgreich den Live-Chat-Support in der DApp eingeführt. Neben dieser neuen Unterstützungsfunktion haben wir ein Redesign der Handelsoberfläche implementiert. Dieses Update zielt darauf ab, die Verwaltung von bedingten Aufträgen und Hebel zu vereinfachen, während es gleichzeitig die Grundlage für die zukünftige Veröffentlichung von Cross-Margin legt.

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Ein neuer Governance-Vorschlag ist auf Snapshot live:

🔸 "GMX Labs Führungsupdate"

Tokeninhaber, bitte stimmen Sie ab:
https://snapshot.box/#/s:gmx.eth/

Der GMX Labs Finanzierungsantrag (2026-2027) hat erfolgreich Phase 4 des Governance-Workflows erreicht und ist derzeit live auf @Tallyxyz. Wir bitten Sie, teilzunehmen, indem Sie direkt Ihre Stimme abgeben oder sicherstellen, dass Ihre Stimmenmacht delegiert wurde. Bitte besuchen Sie https://www.tally.xyz/gov/gmx, um aktiv zu werden.

Die Abstimmung läuft jetzt auf Snapshot zu einem wichtigen Governance-Thema. Die Gemeinschaft wird gebeten, sich zu dem Vorschlag mit dem Titel Ein strategischer Plan zur Neutralisierung des CEX-Angebotsüberhangs und zur Wiederherstellung der GMX-Preisfindung (Überarbeitet) zu äußern. Bitte bewerten Sie die Informationen sorgfältig und geben Sie Ihre Stimme ab unter https://snapshot.org/#/gmx.eth

Wir freuen uns, bekannt zu geben, dass das Handelsangebot für das Paar MET/USD zu unserem Angebot hinzugefügt wurde. Sie können jetzt Long- oder Short-Positionen auf @MeteoraAG eröffnen und dabei eine schnelle Onchain-Ausführung und Hebelmöglichkeiten von bis zu 25x genießen. Dieser Markt ist live auf GMX und über Arbitrum, Base, Ethereum und die BNB-Chain zugänglich.

$MET

Der CC/USD Perpetual-Markt ist jetzt live auf GMX. Diese Ergänzung ermöglicht es Ihnen, das @CantonNetwork-Token mit einem Hebel von bis zu 25x zu handeln. Nutzer auf Ethereum Mainnet, Arbitrum, Base und BNB Chain können sofort auf diesen Markt zugreifen.

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$CC