Latest GMX News & Updates

See the latest news and media coverage for GMX. We track all announcements, press releases, and industry mentions in real time, all in one place.

GMX

Decentralized cryptocurrency exchange

gmx.io

Company type: Private company
Number of employees: 10–50
Industry: Blockchain & Cryptocurrency

Last updated Today

Latest news about GMX

In short: GMX appointed its first CEO, expanded into traditional finance assets, and recovered $40 million following a major protocol exploit.

Company announcements

August 25 GMX

GMX launches 24/7 QQQ and SPY perpetual markets

The protocol adds these US equity ETF perps on Arbitrum with Chainlink oracle pricing and GM liquidity vaults for continuous trading. This marks the first phase of its traditional finance expansion.

July 20 GMX

GMX launches Balancer Program to reward users

The program provides higher direct rewards to traders who maintain market balance by trading the underweighted side of open interest.

June 10 GMX

GMX launches SPCX/USD pre-IPO SpaceX perpetual market

The synthetic market allows traders to speculate on SpaceX's valuation with up to 10x leverage on-chain before an IPO, backed by WETH-USDC liquidity.

May 8 GMX

GMX appoints Q as its first CEO amid strategic plan execution, with no terminal punctuation

The DAO also advances buybacks acquiring 168k tokens and implements on-chain staking power mechanics for rewards.

Media coverage

16 September 2025 Yahoo Finance

Another exchange hacked for $40M

The GMX crypto exchange got hacked for $41.9 million on July 9, the on-chain analytics platform Lookonchain posted on X. GMX(@GMX_IO) was hacked for...

14 August 2025 The Block

GMX finalizes $44 million plan to compensate GLP holders affected by recent hack

GMX said users affected by the security exploit can now claim their distributions. GMX said the $44 million distribution will be issued in GLV, also...

12 July 2025 The Financial Analyst

GMX Exploiter Returns $40M, Accepts $5M White-Hat Bounty

In a notable turn of events, the crypto community witnessed a rare positive outcome following an exploit. The individual behind the GMX V1 exploit has...

11 July 2025 CoinDesk

GMX Exploiter Return $40M Days After Hack, Token Zooms Higher

The attacker who stole over $40 million from GMX's V1 contracts has begun returning the funds, indicating acceptance of a $5 million white-hat bounty. Over...

Never miss news about GMX

Track GMX and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.

GMX competitors & trending companies

Browse news for competitors to GMX and other trending companies.