_________________. GMX Development Update. • The GMX V2. 2 contracts have been enabled and can now be interacted with.
15 Aug 2025, 23:18
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🫐 GMX Development Update
• The GMX V2.2 contracts have been enabled and can now be interacted with. Note that the Keepers will only switch to the new V2.2 contracts on 8 September; all callbacks and contract logic will continue to follow the V2.1 contracts until 8 Sept.
• The scheduled GLP Burn and Value Adjustment will occur in the week of 18-22 August. Details:
• Three new Markets are live on Arbitrum: HBAR/USD, ALGO/USD, and CRO/USD
• New RWA Markets are Live on GMX-Solana. You can now trade perpetuals on top US stocks & ETFs: SPY, QQQ, AAPL, NVDA, TSLA, AMZN, GOOGL, MSFT, META, MSTR
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🫐 Latest Updates on GLP Distribution Plan:
GMX has successfully completed its ~$44M Distribution Plan for GLP holders on Arbitrum affected by the recently disclosed V1 vulnerability.
Eligible users can now claim their distribution in the GMX dApp:
Full Announcement:
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🫐 GMX Governance:
• Discussion: Introducing Global Hedge Vault (GHV) for Eliminating Impermanent Loss
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• Updating Price Impact Buckets
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• Supporting GMX Solana Expansion via Monthly GT Token Treasury Swap
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🫐 GMX in the Press
GMX successfully concludes $44M Distribution Plan for affected GLP holders:
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🫐 GMX Ecosystem
Gemini Wallet prominently features GMX:
This week’s GMX protocol metrics:
XRPBULL2X now live on Toros, built on GMX:
GMX-Solana weekly update: