GMX price
in TRY₺477.64
+₺18,534.48 (+3,331.28%)
Market cap
₺4.79B #159
Circulating supply
10.2M / 13.25M
All-time high
₺3,653.61
24h volume
₺356.00M
3.6 / 5
About GMX
GMX’s price performance
3 months
-13.79%
₺553.98
30 days
-27.27%
₺656.70
7 days
-14.34%
₺557.57
Today
-14.16%
₺556.38
GMX on socials
storm0x 🌩️ 💡 🗃️
So it was their V1 version of a protocol
First thoughts (could be wrong)
Speaking from experience ,supporting two versions of a live protocol is extremely complicated, in SW most resources go to newest version, security wise is complex
Looking forward to post mortem
GMX 🫐
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.
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GMX FAQ
Currently, one GMX is worth ₺477.64. For answers and insight into GMX's price action, you're in the right place. Explore the latest GMX charts and trade responsibly with OKX TR.
Cryptocurrencies, such as GMX, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as GMX have been created as well.
Check out our GMX price prediction page to forecast future prices and determine your price targets.
Dive deeper into GMX
GMX is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades and, as of writing, has the highest total value locked (TVL) of any project on Arbitrum. Trading is supported by a unique multi-asset pool that earns liquidity providers fees from market making, swap fees and leverage trading. $GMX is the utility and governance token.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.
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OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
₺4.79B #159
Circulating supply
10.2M / 13.25M
All-time high
₺3,653.61
24h volume
₺356.00M
3.6 / 5