BREAKING
102d 1h ago

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

GMX

GMX/USDT

$6.274
-2.80%
24h Volume

$1,593,964.96

24h H/L

$6.514 / $6.214

Change: $0.3000 (4.83%)

Funding Rate

+0.0056%

Longs pay

Data provided by COINOTAG DATALive data
GMX
GMX
Daily

$6.33

-0.78%

Volume (24h): -

Resistance Levels
Resistance 3$7.0991
Resistance 2$6.7625
Resistance 1$6.5062
Price$6.33
Support 1$6.1295
Support 2$5.8833
Support 3$5.27
Pivot (PP):$6.3533
Trend:Downtrend
RSI (14):45.4

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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