
The decentralized finance platform GMX has reported a remarkable $1 billion in trading volume over the past 24 hours, marking a significant milestone for the platform. This surge in activity comes as GMX has also achieved a cumulative trading volume of $2 billion and a total value locked (TVL) of $40 million, with approximately 3,000 users participating. The platform's recent success is further bolstered by its partnership with LayerZero, which was approved by a 75.5% majority vote. This collaboration will enable GMX to expand its services to over 125 blockchains, ensuring faster, zero-slippage transfers while maintaining full ownership of all contracts and security. The integration is expected to enhance GMX's multichain capabilities and further solidify its position in the DeFi space.



With a 75.5% majority vote, GMX has selected LayerZero as its messaging partner for multichain expansion! The integration brings GMX: • The ability to expand to 125+ chains • Full ownership of all contracts and security • Fast, zero-slippage transfers • Battle-tested https://t.co/DKQjBSy1zg https://t.co/TV1LKQo5Jo
$1B in volume over 24 hours! Congrats, team @GMX_IO 🙌 Powered by @arbitrum, secured by Ethereum. https://t.co/e8WMnxNsXR
Thankful to the @GMX_IO community for trusting us to be their bridging and messaging partner. Build on 🚀 https://t.co/VWJpBj9GCB