BREAKING
48d 10h ago

GMX Integrates with Ethereum Mainnet, Enabling Direct Trading and Liquidity Provision for Compounding Rewards

GMX

GMX/USDT

$6.27
+0.00%
24h Volume

$1,178,973.12

24h H/L

$6.33 / $6.13

Change: $0.2000 (3.26%)

Funding Rate

+0.0040%

Longs pay

Data provided by COINOTAG DATALive data
GMX
GMX
Daily

$6.27

0.16%

Volume (24h): -

Resistance Levels
Resistance 3$7.9089
Resistance 2$7.09
Resistance 1$6.5583
Price$6.27
Support 1$6.2517
Support 2$5.6472
Support 3$5.27
Pivot (PP):$6.2433
Trend:Downtrend
RSI (14):40.4

GMX has formally announced its integration with the Ethereum mainnet, enabling direct on-chain trading and liquidity provisioning. In official communications, the upgrade broadens on-chain access for DeFi participants and enhances GMX’s liquidity channels on Ethereum, improving settlement efficiency for end users.

Ethereum users can earn compounding yields from three sources: perpetual transaction fees (opening/closing positions, borrowing, liquidation), exchange fees, and minting/burning fees on the protocol’s liquidity tokens. The payout framework ties revenue to activity and capital deployment within the GMX ecosystem.

The integration aims to bolster on-chain liquidity and offer diversified, fee-based yields for traders and liquidity providers, contingent on market activity and protocol risk controls.

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