What's behind GMX's rising V2 traction?
Following the launch of GMX quests, the leading decentralized exchange has recorded a new daily all-time high for network activity on its V2 iteration.
Keep up with what's happening in the crypto world in real-time.
Following the launch of GMX quests, the leading decentralized exchange has recorded a new daily all-time high for network activity on its V2 iteration.
GMX, the decentralized exchange (DEX), made headlines in 2022 when it awarded Collider Research a substantial $1 million bug bounty.
GMX, a decentralized futures exchange, awarded the Collider team $1 million for finding a bug in its debt tracking system
Decentralized perpetual futures trading exchange GMX gave the bounty last year but it is just now being made public.
Binance will be removing more trading pairs soon. Find out which.
The cryptocurrency market has been volatile in recent months, with some projects losing over 30% of their value in one month, for over 1% accumulated daily losses. Here are the three worst-performing projects in the last 30 days among the top 100 digital assets by market capitalization as of September 7:
The cryptocurrency market remains turbulent, marked by widespread uncertainty, as most digital assets exhibit increased volatility. Indeed, the market is eagerly awaiting a significant catalyst that can potentially ignite a price momentum in the upcoming days.
In the dynamic realm of decentralized finance (DeFi), GMX has emerged as a true trailblazer, igniting a profound paradigm shift in the way traders engage with the ever-evolving crypto market. Through its ingenious implementation within the Arbitrum ecosystem, GMX has not only redefined the landscape of decentralized exchanges but has also become a catalyst for substantial growth and innovation within the entire DeFi space.
Bitcoin (CRYPTO: BTC) moved lower, but the cryptocurrency prices remained above the $27,000 level on Thursday. Ethereum (CRYPTO: ETH), also recorded losses, but traded above the key $1,700 mark this morning.
GMX launched in early September 2021 as a decentralized perpetual exchange offering swaps and leverage trading and it made a big splash in the DeFi community. If you haven't heard about GMX, let's get you up to speed: GMX's launch on Arbitrum was seen as a major DeFi milestone.
Blockchain tracker Lookonchain finds that a trader using the decentralized exchange (DEX) GMX made more than $1 million by accurately predicting Ethereum's (ETH) price action over the past several weeks.
Cryptocurrency researchers from leading analytical firm Delphi Digital shared their thoughts about the competition in the decentralized perpetuals exchanges segment. It looks like these services benefit from trader exodus from centralized exchanges.
GMX, the native token powering GMX, a decentralized perpetual exchange for trading complex crypto derivatives, is under intense selling pressure when writing on August 11. Trackers show that the governance token is down 7% on the last trading day, pushing monthly losses to 24%.
Bitcoin (CRYPTO: BTC) traded lower, with the cryptocurrency prices falling below the $29,500 level on Friday. Ethereum (CRYPTO: ETH) also moved lower, trading below the $1,850 mark this morning.
Early GMX supporter who purchased 8,960 GMX with $27.5K in September 2021 sold 20,000 GMX for $980K. GMX is now trading at $46, down nearly 50% from its peak.
Although the majority of the cryptocurrency market has been flashing red in the past few days, some cryptocurrencies have managed to fight through the prevailing bearish sentiment and stand out with their remarkable performance during this time frame.
A trader's big bet against Ethereum caused him to lose a big chunk of his $2 million margin. Considering the firm and steady increment of ETH prices over the last few weeks, more could be at stake.
The GMX price began an upward movement on June 10. It has recovered admirably since then, reclaiming an important Fib resistance level in the process.
The GMX dApp on the Avalanche network has witnessed massive growth. Will this benefit Avalanche positively?
GMX's volume on Arbitrum has soared by 162.4% in the past month, signifying the increasing interest in decentralized exchanges.
GMX, a token of volatility, witnessed an astonishing fee surge propelled by a momentous liquidation event while traders navigated the bearish waters with resilient optimism.
BeInCrypto looks at the five biggest altcoin losers in the entire crypto market this week, specifically from May 19 to 26.
Volumes at Synthetix surpassed it's nearest DEX competitor, but contracting user activity across decentralized exchanges could be a red flag.
Don't miss our weekly roundup of the latest DeFi news, launches, airdrops, upgrades, hacks and alpha.