GMX, a decentralized finance (DeFi) platform, has achieved a new all-time high (ATH) in open interest, reaching $320 million, with aspirations to hit $500 million soon. This milestone is part of a broader surge in activity on the platform, as evidenced by the trading volume on GMX version 2 (v2) surpassing $25 billion USD, with more than $2.88 billion traded in the V2 markets in just the last week alone. Additionally, GMX v2 has seen daily volumes hit $1 billion, with total volumes exceeding $1.4 billion. The platform's performance has also led to new ATHs in volumes and fees, while the profit and loss (P&L) for traders since inception remains almost flat, with liquidity providers (LPs) currently earning $1.4 million. The annual percentage rate (APR) for stakers this week is between 7.5% and 22.5%, underscoring the platform's robust growth and the optimism surrounding its future, with predictions of it becoming a $10 billion coin.