The Avalanche Foundation is providing incentives worth $4 million in AVAX tokens for the decentralized trading platform GMX. The incentives come from Avalanche Rush, an $180 million liquidity in...
Tag: GMX
Frontier (FRONT) & GMX (GMX) Price Analysis: Is This A Good Time To Invest In These Assets?
The post Frontier (FRONT) & GMX (GMX) Price Analysis: Is This A Good Time To Invest In These Assets? appeared first on Coinpedia Fintech News Frontier (FRONT) Price Analysis The current Frontier ...
Rollups Post-Merge and Arbitrum Exploits
September 23, 2022, 1:40PM EDT • 5 min read Quick Take In this bi-weekly series, we look into some of the most interesting data and developments across the Layer 2 blockchain landscape, from DeFi and ...
GMX Falls Concerning AVAX/USD Price Manipulation
GMX, the popular decentralized derivatives exchange, recently faced a sudden 20% drop in value, falling below $40, concerning the price manipulation of AVAX/USD. Despite the crypto market facing issue...
GMX DEX Suffers $565,000 Exploit on Avalanche (AVAX) – crypto.news
Decentralized exchange GMX allegedly fell victim to a price manipulation exploit worth around $565,000 on the AVAX/USD pair. GMX Suffers $565K Price Manipulation Exploit GMX, a decentralized exchange,...
Crypto trader exploits GMX, manipulates AVAX price to remove $565K
A crypto trader on GMX exchange leveraged the zero slippage feature to extract over $565,000 in profit by manipulating the price of the AVAX token. GMX is a decentralized exchange that allows users to...
GMX Exchange Loses $565K In AVAX Exploit
Decentralized exchange GMX suffered a price manipulation on the AVAX/USD pair, resulting in losses of $565,000. AVAX/USD Pair Exploited As per a tweet on Sunday by security firm PeckShield, the exch...
DeFi Trader Nets Over $500K by Using DEX GMX to Manipulate Avalanche Token
However, the loophole is that GMX offers trading to users at zero slippage, or the difference between the expected price of a trade and the price at which the trade is executed. But all pricing data o...
GMX Plummets 20% on Worries of Price Manipulation of AVAX/USD on Reference Exchanges
The decentralized derivatives exchange, GMX, saw the price of its native token plummet by 20% in the past 24 hours. Even though the entire market is currently declining, there seems to be a more parti...
Decentralized exchange GMX suffers $565K price manipulation ‘exploit’
Decentralized exchange (DEX) GMX has reportedly suffered a price manipulation exploit from an exploiter who managed to make off with around $565,000 from the AVAX/USD market. The unidentified exploite...
GMX DEX Reportedly Suffers $565,000 Exploit
Decentralized exchange (DEX) GMX allegedly experiences price manipulation on the AVAX/USD pair in key exchanges. Open interest in AVAX long perpetual futures has accordingly been capped at $2 million,...
GMX Token Top Arbitrum Network, How Far Can It Go?
The price of the GMX token has shown so much strength despite the downtrend across the market, with the GMX token eyeing a rally to its all-time high of $60. Bitcoin’s (BTC) price has shown less steam...
GMX Review: Is DeFi’s Buzzy 30x Leverage Exchange Easy to Use?
Key Takeaways GMX is a decentralized exchange built on Avalanche and Arbitrum. It lets DeFi users trade with up to 30x leverage in a permissionless manner. GMX offers a smooth user experience thatR...