GMTrade
Announcements
GMX-Solana is an extension of GMX on the Solana blockchain, dedicated to providing traders with an efficient, transparent, and decentralised platform for perpetual trading. GMX-Solana supports hundreds of assets and offers flexible leverage up to 200x, enabling high-efficiency, self-custody trading without intermediaries.
GMX-Solana employs an innovative Trade-to-Mint economic model to minimise trading costs while maximising incentives. Through this model, traders directly contribute to value creation and distribution, ensuring greater transparency and fairness. Committed to full decentralisation, GMX-Solana is entirely community-driven and self-funded, with no venture capital involvement, no pre-sale, and no pre-mint. Its fair-launch mechanism guarantees open participation under transparent and verifiable conditions.
GMX-Solana introduces the Global Liquidity Vault (GLV), building on the GMX Liquidity Vaults introduced recently. GLV ensures global liquidity across all markets, enhancing trading efficiency. It serves as a one-stop solution for liquidity providers and is the next generation of GLP. Utilising GLV allows GMX-Solana to meet diverse trader needs while maintaining optimal liquidity.
Building on GMX’s proven success — with $390 million in fees distributed, $230 billion in trading volume, and over 660,000 traders — GMX-Solana aims to elevate decentralised trading on Solana by offering a more powerful and user-centric ecosystem.
About Chainlink
Chainlink is the industry-standard oracle platform bringing the capital markets onchain and powering the majority of decentralized finance (DeFi). The Chainlink stack provides the essential data, interoperability, compliance, and privacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.
Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, ANZ, and top protocols such as Aave, GMX, Lido, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link
The Chainlink Labs Channel Partner strategy is intended to outline a joint approach between Chainlink Labs and select accelerators, launchpads, incubators, devshops, and software tools to promote the user adoption and growth of the web3 ecosystem. Chainlink Labs and the channel partners will collaborate to accelerate and nurture the web3 ecosystem in key areas including gameFi, NFTs, developers, and startups.
Chainlink Labs is the leading provider of secure and reliable open-source blockchain oracle solutions, enhancing smart contracts by connecting them to a wide range of off-chain data sources and computations, such as asset prices, web APIs, IoT devices, payment systems, and more. We are dedicated to the development and integration of Chainlink as the standard decentralized oracle framework used by smart contracts across any blockchain.
