Straight to the point: while checking DeFi data today, I noticed GMX’s protocol revenue was $283,000 over the past 24 hours, compared with its usual daily revenue of around $141,000—roughly 2x.
When I see a spike like this, I usually just make a note of it rather than acting immediately. I’ve seen plenty of one-day surges that returned to normal the next day, but I’ve also seen some keep climbing. The difference only becomes clear over the next few days. I’ve added $GMX to my watchlist.
When I see a spike like this, I usually just make a note of it rather than acting immediately. I’ve seen plenty of one-day surges that returned to normal the next day, but I’ve also seen some keep climbing. The difference only becomes clear over the next few days. I’ve added $GMX to my watchlist.