GMX Governance | DAO Radar

GMX

Perpetuals DEX deployed across Arbitrum and Avalanche. Governance decisions are made via Snapshot with community discussion channels.

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Snapshot·GMX Snapshot

RSS·GMX Blog

1 active

pendingTreasury

GMX Labs Funding Proposal (2026-2027)

PROPOSAL SUMMARY GMX Labs requests DAO authorization for continued funding for 2026–2027 under a two-year framework including operating funds and contributor tokens. The plan uses floor and ceiling mechanisms to ensure operational stability, fiscal discipline, and responsible use of the strengthened treasury from the 2024–2025 mandate Building on 2024-2025: During the previous two-year period, GMX Labs demonstrated operational efficiency by maintaining lean direct operations at $9.4M over...

proposal/0xc3a9…0cDE/Jan 23

activeTreasury

PROPOSAL of BURNING

Key data (verified) GMX market cap ~ $73.3M (circulating ~10.38M). Value accrual to GMX stakers: “earning 27% of fees” (GMX docs). Implementation detail: on V2 the 27% of fees is used to reacquire GMX and then distributed to stakers; on V1 it was 30%. On V2, 10% of fees goes to the treasury and 63% goes to GM liquidity providers. Recent fee run-rate (DefiLlama): Fees 30d ~ $2.6M and “Holders revenue 30d” ~ $702k (consistent with ~27%). Treasury ~ $35M: explicitly referenced in a governance...

proposal/0x9908…8bC1/Jan 20

closedProtocol Upgrade

GMX V2 Deployment on MegaETH

Proposal Overview This proposal seeks to gauge the GMX community's interest in deploying GMX V2 on MegaETH — positioned as the Ethereum Layer 2 designed to unlock ultra-low latency trading experiences. This proposal outlines the deployment of GMX V2 on MegaETH's innovative infrastructure while exploring the potential for specialized trading experiences that leverage MegaETH's unique technological capabilities. If this proposal is approved, it will allow contributors to take the necessary...

proposal/0xc3a9…0cDE/Dec 24

closedProtocol Upgrade

auto-compound GMX staking reward

Maybe it's time to enable auto-compounding for GMX staking rewards, so holders don't have to suffer with the poor GMX price every time they claim. This can help they from losing confidence before v2.3 coming true and surviving the bear market. Just forget the trivial benefit of not doing so please.

proposal/0x004c…7fAC/Oct 30

closedElections/Delegation

GMX Listing Committee Election - Season 3

Intro This Snapshot is held to elect three members for the GMX Listing Committee. The committee will be responsible for evaluating and approving new asset listings on GMX protocols, ensuring that only high-quality, relevant, and compliant assets are listed. This process will not only foster trust within the community but also help maintain the integrity of our trading ecosystem while streamlining the asset listing process to allow for more efficient oversight and growth. Time Commitment: 10...

proposal/0xc3a9…0cDE/Oct 1

closedTreasury

GMX Solana Expansion Monthly GT Token Treasury Swap

Summary This proposal seeks the GMX DAO’s approval for a recurring monthly treasury swap to support the ongoing expansion of GMX Solana. Under the proposed terms, the GMX DAO would purchase $110,000 worth of GT tokens from GMX Solana each month, for 12 months. This funding mechanism reflects community feedback and enables GMX Solana to scale operations while providing the DAO with long-term exposure to GT as the Solana ecosystem matures. Background GMX Solana began as a governance...

proposal/0xc3a9…0cDE/Aug 26

closedTreasury

Deployment of Surplus Funds in the Price Impact Buckets into the DAO Treasury

Introduction Following the successful deployment of GMX V2.2, this proposal recommends transferring to the GMX DAO Treasury the accumulated Price Impact Buckets from the GM pools that are in surplus to their isolated risk requirements. This reallocation will allow for both better functioning of the pools and ensure that funds potentially allocated for risk or other DAO priorities are more easily accessible across the protocol. The Price Impact Buckets in GMX V2 were designed to store...

proposal/0xc3a9…0cDE/Aug 13

closedRisk/Incident

Distribution plan for Recovered Funds from Arbitrum GLP

Summary We would like to thank the community and delegates for their input into the Resolve the Distribution Plan for the Recovered Funds from Arbitrum GLP discussion. This proposal outlines the next steps for distributing funds to the GLP holders affected by the disclosed vulnerability in the Arbitrum GMX V1 deployment. As you are likely aware, the funds were returned to the DAO following outreach from GMX, and are now in the Security Committee multi-sig. Based on feedback from the community...

proposal/0x8242…b7a6/Jul 24

activeMisc

GMX is Expanding to MegaETH

Bringing battle-tested onchain Perps to the first real-time Ethereum L2

blog/Jonezee/Jan 26

activeMisc

ZEC, SYRUP, AR, DASH, JTO, CHZ, MON, and SKY markets are now live

Trade these Perps from Arbitrum, Base, BNB Chain, or Ethereum Mainnet, and benefit from GMX’s battle-tested decentralized trading experience

blog/Jonezee/Jan 9

activeMisc

GMX is live on Ethereum: users can now trade and LP directly from Mainnet

Bringing GMX’s powerful trading and liquidity infrastructure to the heart of DeFi.

blog/Jonezee/Dec 22

activeMisc

GMX’s Liquidity Tokens are now Multichain: buy GM and GLV from Base, BNB Chain, Ethereum, and more

Earn top-class yield as a liquidity provider using funds on any of the leading public blockchains.

blog/Jonezee/Dec 12

activeParameter Change

GLV Liquidity Tokens Now Supported on Morpho as Collateral

The GMX Liquidity Vaults have reached a new milestone in composability, with the tokens now integrated in many of the leading money markets on Arbitrum.

blog/Jonezee/Oct 14

activeMisc

GMX Multichain expands to BNB Chain, unlocking permissionless trading for its millions of users

Continuing horizontal scaling with the introduction of BNB Chain, unlocking access to GMX’s deep-liquidity Perpetual and Spot markets for users from one of the largest DeFi ecosystems.

blog/Jonezee/Oct 13

activeMisc

ASTER, AVANTIS, 0G, and LINEA perps are now live on GMX

Permissionlessly Long or Short these tokens with up to 50x leverage, while enjoying GMX’s unmatched onchain execution speed.

blog/GMX/Oct 9

activeMisc

GMX Multichain is now live, unlocking permissionless high-liquidity Perps for all traders on Base and more, with LayerZero

Trade Anywhere, Onchain. Seamlessly, Permissionlessly.

blog/GMX/Sep 29

activeMisc

Plasma, Zora, and Keeta perps are now available on GMX

Long or Short the tokens from Plasma, Zora or Keeta Network with up to 50x leverage, and enjoy GMX’s unrivaled onchain execution speed

blog/GMX/Sep 18

activeMisc

MORPHO, VVV, and WELL perps are now live on GMX

Go Long or Short on the future price of the Venice, Moonwell, or Morpho tokens with up to 50x leverage, with GMX on Arbitrum.

blog/GMX/Sep 4

activeMisc

WLFI markets are now live on GMX on both Arbitrum and Avalanche

Permissionlessly trade WLFI/USD perps on secure public blockchains with up to 50x leverage, all from the comfort of your personal wallet.

blog/GMX/Sep 2

activeMisc

AERO and BRETT markets are now available

Trade perpetual swaps of the tokens from Aerodrome and Brett with up to 50x leverage, while enjoying self-custody and fast onchain execution on GMX.

blog/GMX/Aug 27

activeMisc

KAS, OKB, and CVX perps are now available

Trade perpetual swaps of the tokens from Kaspa, Convex Finance, and OK Blockchain with up to 50x leverage, while maintaining full self-custody.

blog/GMX/Aug 21

activeMisc

HBAR, CRO, and ALGO markets are live on GMX

Trade HBAR/USD, CRO/USD, and ALGO/USD perpetual swaps onchain with up to 50x leverage, straight from your self-custody EVM wallet.

blog/GMX/Aug 18

activeRisk/Incident

GMX Successfully Completes Distribution Plan For Arbitrum GLP Holders

Claims are now live, making every affected GLP liquidity provider whole and closing the chapter on the GMX V1 incident.

blog/GMX/Aug 13

activeMisc

SPX6900 and Mantle are now live for trading on GMX

Trade SPX6900/USD and MNT/USD perpetual swaps with up to 50x leverage, directly from your self-custody EVM wallet.

blog/GMX/Aug 7

activeMisc

The new Pump.fun token is now live for trading on Arbitrum as well as Avalanche

GMX users can trade PUMP/USD perps with up to 50x leverage, permissionlessly. Liquidity providers can earn rewards by contributing to the markets’ underlying GM pools or the GLV vault.

blog/GMX/Jul 18

pendingTreasury

GMX Labs Funding Proposal (2026-2027)

proposal/0xc3a9…0cDE/Jan 23

activeTreasury

PROPOSAL of BURNING

proposal/0x9908…8bC1/Jan 20

closedProtocol Upgrade

GMX V2 Deployment on MegaETH

proposal/0xc3a9…0cDE/Dec 24

closedProtocol Upgrade

auto-compound GMX staking reward

proposal/0x004c…7fAC/Oct 30

closedElections/Delegation

GMX Listing Committee Election - Season 3

proposal/0xc3a9…0cDE/Oct 1

closedTreasury

GMX Solana Expansion Monthly GT Token Treasury Swap

proposal/0xc3a9…0cDE/Aug 26

closedTreasury

Deployment of Surplus Funds in the Price Impact Buckets into the DAO Treasury

proposal/0xc3a9…0cDE/Aug 13

closedRisk/Incident

Distribution plan for Recovered Funds from Arbitrum GLP

proposal/0x8242…b7a6/Jul 24

activeMisc

GMX is Expanding to MegaETH

Bringing battle-tested onchain Perps to the first real-time Ethereum L2

blog/Jonezee/Jan 26

activeMisc

ZEC, SYRUP, AR, DASH, JTO, CHZ, MON, and SKY markets are now live

Trade these Perps from Arbitrum, Base, BNB Chain, or Ethereum Mainnet, and benefit from GMX’s battle-tested decentralized trading experience

blog/Jonezee/Jan 9

activeMisc

GMX is live on Ethereum: users can now trade and LP directly from Mainnet

Bringing GMX’s powerful trading and liquidity infrastructure to the heart of DeFi.

blog/Jonezee/Dec 22

activeMisc

GMX’s Liquidity Tokens are now Multichain: buy GM and GLV from Base, BNB Chain, Ethereum, and more

Earn top-class yield as a liquidity provider using funds on any of the leading public blockchains.

blog/Jonezee/Dec 12

activeParameter Change

GLV Liquidity Tokens Now Supported on Morpho as Collateral

The GMX Liquidity Vaults have reached a new milestone in composability, with the tokens now integrated in many of the leading money markets on Arbitrum.

blog/Jonezee/Oct 14

activeMisc

GMX Multichain expands to BNB Chain, unlocking permissionless trading for its millions of users

Continuing horizontal scaling with the introduction of BNB Chain, unlocking access to GMX’s deep-liquidity Perpetual and Spot markets for users from one of the largest DeFi ecosystems.

blog/Jonezee/Oct 13

activeMisc

ASTER, AVANTIS, 0G, and LINEA perps are now live on GMX

Permissionlessly Long or Short these tokens with up to 50x leverage, while enjoying GMX’s unmatched onchain execution speed.

blog/GMX/Oct 9

activeMisc

GMX Multichain is now live, unlocking permissionless high-liquidity Perps for all traders on Base and more, with LayerZero

Trade Anywhere, Onchain. Seamlessly, Permissionlessly.

blog/GMX/Sep 29

activeMisc

Plasma, Zora, and Keeta perps are now available on GMX

Long or Short the tokens from Plasma, Zora or Keeta Network with up to 50x leverage, and enjoy GMX’s unrivaled onchain execution speed

blog/GMX/Sep 18

activeMisc

MORPHO, VVV, and WELL perps are now live on GMX

Go Long or Short on the future price of the Venice, Moonwell, or Morpho tokens with up to 50x leverage, with GMX on Arbitrum.

blog/GMX/Sep 4

activeMisc

WLFI markets are now live on GMX on both Arbitrum and Avalanche

Permissionlessly trade WLFI/USD perps on secure public blockchains with up to 50x leverage, all from the comfort of your personal wallet.

blog/GMX/Sep 2

activeMisc

AERO and BRETT markets are now available

Trade perpetual swaps of the tokens from Aerodrome and Brett with up to 50x leverage, while enjoying self-custody and fast onchain execution on GMX.

blog/GMX/Aug 27

activeMisc

KAS, OKB, and CVX perps are now available

Trade perpetual swaps of the tokens from Kaspa, Convex Finance, and OK Blockchain with up to 50x leverage, while maintaining full self-custody.

blog/GMX/Aug 21

activeMisc

HBAR, CRO, and ALGO markets are live on GMX

Trade HBAR/USD, CRO/USD, and ALGO/USD perpetual swaps onchain with up to 50x leverage, straight from your self-custody EVM wallet.

blog/GMX/Aug 18

activeRisk/Incident

GMX Successfully Completes Distribution Plan For Arbitrum GLP Holders

Claims are now live, making every affected GLP liquidity provider whole and closing the chapter on the GMX V1 incident.

blog/GMX/Aug 13

activeMisc

SPX6900 and Mantle are now live for trading on GMX

Trade SPX6900/USD and MNT/USD perpetual swaps with up to 50x leverage, directly from your self-custody EVM wallet.

blog/GMX/Aug 7

activeMisc

The new Pump.fun token is now live for trading on Arbitrum as well as Avalanche

GMX users can trade PUMP/USD perps with up to 50x leverage, permissionlessly. Liquidity providers can earn rewards by contributing to the markets’ underlying GM pools or the GLV vault.

blog/GMX/Jul 18