GMX Solana Expansion Monthly GT Token Treasury Swap

AUG

30

Event date

Saturday 30 August 2025, UTC

Event description

Each month, the GMX DAO will acquire $110,000 worth of GT tokens from GMX Solana, calculated at a 50 percent discount to the average mint price or the average redemption price over the prior 30 days. GT serves as the native token for GMX on Solana, earned through trading fees via a Trade-to-Mint model and used for LP staking rewards. The purpose is to provide stable funding for audits, risk management, infrastructure, marketing, and operations on Solana. This holds key importance as GMX's first chain expansion, ensuring the Solana version scales effectively with features like 100x leverage trading on major assets. The significance lies in creating a flywheel where treasury support drives activity, buybacks, and value accrual. Expected impacts include accelerated user acquisition, enhanced features like RWA markets, and long-term exposure for the DAO to GT's potential growth, fostering cross-chain synergy. As a treasury move, it allocates 16 percent of monthly revenue, so participants should note possible effects on resource distribution.

Recent News

Following a governance vote concluding August 30, 2025, the proposal advanced support for Solana operations. August saw the v0.7 audit completion and fixes, paving the way for liquidity mining and competitions. July focused on community feedback for tokenomics tweaks, while June integrated XRP swaps. These build on the March 2025 Solana launch, which introduced Trade-to-Mint and hit early volumes, amid a $5 million treasury allocation for reserves.

Future Plans

GMX's roadmap emphasizes multichain scaling. Q4 2025 targets RWA market support, more trading pairs, and yield optimizations. By 2026, expect full self-sufficiency for Solana, with buyback mechanisms and governance enhancements. Overall goals aim for billions in volume, deeper DeFi integrations, and millions of users through efficient, low-fee perpetuals and spot trading.

Onchain Data

GMX's cumulative volume exceeds $10 billion, with recent TVL around $500 million across chains. Solana-specific metrics show early traction with millions in swapped assets. Detailed three-month trends from platforms like Dune Analytics are sparse for Solana, but Arbitrum dashboards indicate steady staking with over 50 percent of supply locked, shifting focus to growing wallet interactions post-expansion.

Community Sentiment

X discussions reflect approval for the swap, with users viewing it as vital for Solana's momentum and real yield opportunities. Positive votes and comments emphasize strategic funding, though some seek assurance on returns; influencers highlight the flywheel's potential, maintaining upbeat sentiment.

GMX

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GMX (GMX) Events List

Voltrade GMX Integration

Voltrade has announced the integration of GMX (GMX_IO) onto its platform, enhancing its trading infrastructure with the decentralized perpetual exchange capabilities of GMX. The event is dated October 31, 2025. This integration means users of Voltrade can access GMX’s liquidity and trading features directly through Voltrade's platform, expanding options for leveraged and spot trading. Voltrade is the hosting organization, and the announcement was made via GMX's official X (Twitter) account. No physical location or live event is applicable since this is a platform upgrade, and participation is through Voltrade’s platform accessing GMX services. Recent news indicates Voltrade’s strategic commitment to integrating high-liquidity and advanced DeFi trading solutions, with GMX being a leading decentralized perpetual exchange notable for low fees and user-centric design. There have not been reported new product releases or partnerships by Voltrade in the last three months beyond this integration announcement. Future plans likely include further expanding platform functionalities and user engagement through additional integrations and feature rollouts, reinforcing Voltrade's competitive edge in DeFi trading. Onchain Data No verifiable onchain metrics available. Community Sentiment Community sentiment appears positive, appreciating the broadening of trading options and improved access to GMX’s liquidity via Voltrade. From X replies: "Great to see Voltrade bringing GMX onboard," "This integration looks promising for leveraged trading," and "More DeFi partnerships like this please!" indicate optimism. Risk Disclaimer This integration may affect token utility and trading volumes on both platforms, potentially influencing token price dynamics. Users should consider market conditions and platform stability. Sources used https://x.com/GMX_IO/status/1979120387234345217

GMX

October 31

GMX Bridged to Solana

On December 1, 2025, GMX announced the bridging of its GMX tokens to the Solana blockchain, with the launch of the GMX–USDC balancing pool through an integration with Stargate Finance. This integration enables seamless cross-chain transfers of GMX tokens, expanding liquidity and user accessibility across blockchains. Participation is facilitated via the Stargate Finance bridge platform. Recent News In late 2025, GMX confirmed the live bridging on Stargate Finance, enhancing multi-chain operability. The GMX–USDC liquidity pool on Solana is bootstrapped to deepen liquidity and trading capacity. The collaboration with Stargate aligns with Solana's DeFi resurgence in 2024, which saw significant TVL growth and project activity. Future Plans GMX aims to continue expanding its cross-chain functionality to further enhance liquidity and user options. The project is focused on solidifying its presence in Solana's growing DeFi ecosystem, aiming to leverage Stargate's infrastructure to optimize asset transfers and pool liquidity. Onchain Data No verifiable onchain metrics available. Community Sentiment Positive — The bridging event has been well received by the GMX and Solana communities, highlighting optimism about enhanced cross-chain capabilities and liquidity growth. Comments include appreciation for the integration and expectations for increased token utility. Risk Disclaimer Bridging events can influence token dynamics, including price volatility and liquidity shifts. Users should assess risks associated with cross-chain transfers and liquidity pool participation. Sources used https://x.com/GMX_IO/status/1995477152402227421 https://www.tradingview.com/news/coindar:48156d4a9094b:0-gmx-to-be-integrated-with-stargate/ https://gov.gmx.io/t/bootstrapping-gmx-usdc-liquidity-for-gmx-solana/4923

GMX

December 1

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