Between September 30 and October 6, 2026, the GMX DAO successfully completed its latest round of repurchases. Over this period, the organization bought back 9175 gmx:native. The total expenditure for the week reached approximately $75,000, which translates to an average cost of roughly $8.17 per token. 🫐
Overall Program Progress from March 5 to October 6
Looking at the complete initiative to date, the treasury has successfully reclaimed a total of 498,831 GMX tokens. This cumulative effort accounts for an investment of approximately $3,240,000, resulting in a blended average price of about $6.5 for each token. 🔵
We are delighted to share that GMX is proudly sponsoring @Arbitrum's Open House Singapore.
An incredible reward pool of ~$415K in grants and prizes is up for grabs across the online Buildathon and the IRL Founder House. This event provides a perfect opportunity to explore the mechanics of GMX's open markets, as well as discover straightforward methods for creating and expanding projects on our infrastructure.
We are calling all builders to secure a spot by visiting the link provided below.
We are pleased to share that during the period of September 23 to 29, the GMX DAO purchased 6747.1 gmx:native. A total of approximately $55,000 was spent on this recent transaction, resulting in an average token price of roughly $8.15. 🫐
Overview of the Initiative from March 5 through September 29
Looking at the broader picture, a total of 489,656 GMX tokens have been repurchased since the program began. The overall expenditure for these acquisitions has reached approximately $3,165,000, which gives us a blended average cost of about $6.46 per token. 🔵
We are pleased to share the latest repurchase figures from the GMX DAO. For the week spanning September 16 through September 22, 2026, the organization bought back 6626.9 $GMX. This recent acquisition amounted to roughly $50,000, translating to an average price of about $7.55 per token. 🫐
Cumulative Program Statistics from March 5 to September 22:
Taking a look at our overall progress since the initiative began, a total of 482,909 GMX tokens have now been reclaimed. The complete expenditure for these ongoing repurchases has reached approximately $3,110,000. This brings our blended average cost for the entire duration to about $6.44 per token. 🔵
Between September 9 and September 15, 2026, the GMX DAO successfully purchased approximately 7,692 $GMX. The organization spent about $60,000 during this timeframe, securing an average price of roughly $7.80 per token. 🫐
Looking at the overall progress of the initiative from March 5 through September 15, a total of 476,282 GMX tokens have been repurchased. This comprehensive effort accounts for an estimated $3,060,000 in total spending, resulting in a blended average cost of approximately $6.42 per token. 🔵