GMX protocol news, stats analysis & price predictions

GMX io is a decentralized exchange or a dex on avax and arbitrum that allows you to margin trade on-chain and employ leverage, if you are an advanced defi user you can even use some gmx delta neutral strategies. Its a defi exchange and like we explained in our previous gmx video you can earn part of the dex revenue fees by staking your gmx. 

GMX protocol news, stats analysis & price predictions

GMX is a trading protocol and offers leverage trading as well as normal spot swapping that has been integrated with a ton of defi aggregators. 

Since our past video there have been a number of interesting gmx news updates and tidbits of information presented to us. The Arbitrum Odyssey event has attracted a monstrous amount of new users to GMX and has been paused for now, when it resumes it will probably introduce a new batch of defi powerusers to the gmx ecosystem, a possible bullish catalyst. 

We go over some price discussion and even make some gmx price predictions, we've also discovered since the last video that GMX appears to be one of Arthur Hayes altcoins :). 

Shoutout to Taeki for his latest GMX taiki video, I linked it above under the usefull links section, he has made a video about GMX in which he mentions GMX x4 and we dont really get what it is so we just dug up the alpha on wen x4 release and speculate on the exponentiality of growth factors on the possible fee revenue. 

To round out the video we dug up some speculation in the GMX discord on when the x4 would be released and we take a quick glossing over the gmx protocol stats since our last vid.