Tradao

Happy 10th Birthday @Ethereum!

The GMX DAO community has addressed key questions around the distribution plan for the recovered GLP funds. A follow-up vote is expected to go live on Snapshot tomorrow, Thursday. Once the results of this vote are in, the distribution of the funds to users will begin.

Our initial analysis of today’s GLP exploit, conducted in collaboration with our security partners and lead auditor, still confirms that the attack vector is specific to GMX V1. The manipulation involved relates to the calculation of the short average price on V1, and the same calculation mechanism is not employed in the GMX V2 contracts. Out of an abundance of caution, GMX had already updated the caps for the GM tokens of GMX V2 on Arbitrum and Avalanche, so that minting new tokens is currently restricted in most liquidity pools. A follow-up notification will be sent out once this restriction is lifted. GMX will provide a detailed post-mortem analysis publicly, as soon as the investigation into the incident is complete.

The GLP pool of GMX V1 on Arbitrum has experienced an exploit. Approximately $40M in tokens has been transferred from the GLP pool to an unknown wallet. Security has always been a core priority for GMX, with the GMX smart contracts undergoing numerous audits from top security specialists. So, in this hands-on-deck moment, all core contributors are investigating how the manipulation occurred, and what vulnerability may have enabled it. Our security partners are also deeply involved, to ensure we gain a thorough understanding of the events that occurred and minimise any associated risks as quickly as possible. Our primary focus is on recovery and pinpointing the root cause of the issue. Actions taken: Trading on GMX V1, and the minting and redeeming of GLP, have been disabled on both Arbitrum and Avalanche to prevent any further attack vectors and protect users from additional negative impacts. Scope of the vulnerability: Please note that the exploit does not affect GMX V2, its markets, or liquidity pools, nor the GMX token itself. Based on the available information, the vulnerability is limited to GMX V1 and its GLP pool. As soon as we have more complete and validated information, a detailed incident report will follow.

@GMX_IO Congrats! LFG!

GMX reached a major milestone today:

We're NOW in 12th place! ~$80M trading volume growth in a week. GMX remains trusted by traders! The volume speaks for itself. #MGGA

More than $1.5B trading volume!! LFG!!

Finally surpassing @Rewkang's previous affiliate trading volume. Although AK left GMX, many "AK" still trade on GMX. 🏆 Rank: 13th 💵 Trading Volume: ~$1.48B 👫 Referrals: 239 🔢 No. of Trades: 29,071 Trade on GMX with 10% discount: app.gmx.io/#/trade/?ref=t…

在這個Perpdex賽道由Hyperliquid獨領風騷的時代，難道舊時代的大哥只能默默的等死嗎？ 不斷新高的交易量好像在告訴我答案 #MGGA

🥳More than $1.4B trading volume brought to GMX!! This's not only a new milestone for us, but also shows the huge potential of GMX! Some exciting things are being cooked! Stay tuned👀 #MGGA

Congrats @Livelymal! Please join our Discord, submit a ticket with your details, and receive your rewards! 🚀

Why trade on GMX in 2025? Here’s why it’s still the DEX for onchain natives 👇 🔹 Fully permissionless. 100% self-custody. No deposits. No middlemen. Trade straight from your wallet. 🔹 Transparent & verifiable. All data on public chains. What you see is what the protocol sees. 🔹 Deep liquidity. Plus you get zero price impact on BTC & ETH on their single-asset pools. 🔹 100x leverage when you need it. 🔹 Lower liquidation risk. Transparent #Chainlink Data Streams oracles prevent CEX-style price spikes and unfair liquidations. 🔹 1-Click Trading = true DEX flow, with a CEX feel. No wallet popup spam, just streamlined onchain execution. 🔹 Trade 70+ assets w/ deep liquidity. BTC, ETH, SOL, LINK, FARTCOIN, meme coins & more. 🔹 Use your favorite collateral. Long BTC w/ BTC, short SOL w/ SOL, or even long ETH w/ stETH or USDe to earn yield while you trade. 🔹 Funding farming strategies? Multi-collateral support makes it easy. No other Perp DEX does this better. 🔹 Battle-tested. 6+ audits, $5M bug bounty, zero significant exploits. Bonus: 🌍 GMX is on #Arbitrum, #Avalanche, and #Solana, and is actively expanding across Base, Sonic, Berachain, & more. Remember the name: GMX Multichain. You'll hear a lot about it this year.

We’re partnering with @ellipal to spotlight the ELLIPAL X Card — the world’s first air-gapped card wallet, designed for true cold storage. Card Vault: Simple, Secure. 🎁 Win a free customized X Card cold wallet! To enter: 1⃣ Follow @Tradaoperp & @ellipal 2⃣ Like + RT this post 3⃣ Tag 3 crypto friends 👇 ⏳ 48 hours only — don’t miss it.

🥳We are 14th now!! Do you know who is 13th? That is @Rewkang! WE ARE COMING😏 🏆Rank: 14th 💵Trading Volume: $1.23B 👫Referrals: 233 🔢No. of Trades: 23,816

GMX on BTC?😏

Another $10M in trading volume and @Tradaoperp will be the #14 on @GMX_IO's top affiliate list! Trade on GMX with 10% fee discount now: app.gmx.io/#/trade/?ref=t…

Establishing the GMX Reserve for GMX Solana We are pleased to announce that now is an opportune time to establish the GMX reserve for GMX Solana, in light of the upcoming bridging of GMX to the Solana. To this end, we will be carrying out the following operation: Background: - 49,783 GMX has been purchased at an average price of $10.04, totaling 500,000 USDC. - The acquired GMX has been withdrawn to an Arbitrum address. arbiscan.io/address/0x8079… - All the GMX has transferred to the GMX Treasury (Tally) for temporary custody. arbiscan.io/tx/0x1fe2b36cd… tally.xyz/gov/gmx/treasu… 1. 500,000 USDC should be transfered from GMX Solana Treasury to the operation team to complete the buyback via its 5/7 multisig. The proposal for this operation is: app.squads.so/squads/3j2gq4Z… 2. Upon completion of the GMX bridge to Solana, the GMX Treasury should transfer the custodied GMX to the GMX Solana Treasury. The GMX Solana Treasury will then use the entirety of this GMX to purchase GM in the GM:GMX-USDC pool, as previously agreed. Impacts following step 1: - A temporary decrease in the asset value of the GMX Solana Treasury will be observed—from approximately $540,000 down to $40,000—until the GMX bridge is settled. - The daily maximum buyback value for GT will be limited to 1,600 USDC until the GMX bridge is completed. We appreciate your continued support and understanding as we take this important step toward strengthening the GMX Solana.

Is it the end or just beginning? 💥~$47M position with ~$8.77M collateral was liquidated from 1,220 traders on @GMX_IO in 24 hours! 🥇 $BTC: $21.44M 🥈 $ETh: $15.28M 🥉 $SOL: $4.26M 😭Largest Liq. Position: ~$15.6M on #GMX Check More: tradao.xyz/#/liquidation

祝贺 Tradao 获得推荐收入#15！ 他们当之无愧地展示了优秀的交易者和复制交易 如果您是 KOL 并喜欢被动推荐收入， 创建您自己的代码并传播给您的朋友 app.gmx.io/#/referrals