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news-imageMarch 14, 2023

What GMX's ‘swift action' means for the state of the protocol, its token

The USDC saga has taken the crypto-markets by storm. For its part, however, GMX has been swift in taking action to deal with the volatility of the prevailing market.
Publisher: AMBCrypto
Sentiment: Positive
GMX
THE

More News Articles

Positive
cover-imageCoingape
November 30, 2024

THENA (THE) Listing By Binance Marks Key Milestones for Orbs

Orbs, a leading layer-3 blockchain infrastructure provider, celebrating significant milestones following its strategic partnership with THENA. The largest crypto exchange Binance listing THENA marked a pivotal achievement in the partnership, supported by Orbs' investment and technical expertise.

Positive
cover-imageCoinPedia
November 28, 2024

Thena Coin Price Prediction Today: What's Next After 4655% Breakout?

Thena (THE) has recently experienced a dramatic price surge, jumping more than 1,500 percent in just 24 hours, largely driven by Binance's announcement to list the coin. This milestone has significantly boosted its market presence, liquidity, and trader interest. On November 26, 2024, Binance revealed plans to list Thena, sending its price soaring from $0.

Positive
cover-imageInvezz
August 3, 2024

Decentralized exchange GMX lists two revenue-generating assets on Arbitrum (ARB)

GMX decentralized exchange has listed two revenue-generating assets on the Arbitrum network. The two – Lido's wrapped staked Ether (wstETH) and Ethena Labs' synthetic dollar (USDe)- will support an ETH/USD perpetual futures marketplace on GMX version 2. The new listing reflects GMX's dedication to providing top-notch earning opportunities without compromising liquidity.

Positive
cover-imageThe Daily Hodl
June 10, 2024

Whales or Institutions Are Accumulating Arbitrum-Based DEX Altcoin From Binance: Lookonchain

Blockchain tracking firm Lookonchain says that whales – possibly institutional investors – are accumulating a decentralized exchange (DEX) altcoin. According to Lookonchain, fresh wallets have been accumulating the native token of GMX (GMX), a DEX that operates on the Arbitrum (ARB) and Avalanche (AVAX) blockchains offering spot and leveraged trading.

Positive
cover-imageCoinPedia
June 9, 2024

Top Altcoins For 100% Surge in the coming week!

Amid increased price volatility, the cryptocurrency market has displayed significant price action over the past few days. However, the top tokens continue the struggle to hold prices above their respective resistance level, indicating a mixed sentiment in the crypto space.

Positive
cover-imageThe Daily Hodl
April 9, 2024

BitMEX Founder Arthur Hayes Sends Over $1,000,000 Worth of GMX Tokens to Centralized Exchanges: On-Chain Data

BitMEX founder Arthur Hayes has reportedly sent more than $1 million worth of the decentralized exchange (DEX) altcoin GMX (GMX) to centralized exchanges. Pseudonymous on-chain analyst EmberCN tells their 79,700 followers on the social media platform X that Hayes had controlled the largest personal address for GMX holders since 2022.

Positive
cover-imageInvezz
November 20, 2023

GMX incentive program drives 78% jump in V2 TVL

The total value locked on GMX on its V2 data platform has soared to more than $171 million, according to details on DeFiLlama. GMX V2's soaring TVL comes just days after the decentralised spot and perpetual exchange rolled out an Arbitrum (ARB) incentive program.

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