GMX Launches on MegaETH with BTC, ETH and SOL Perps - Crypto Economy

GMX said in that it is now live on MegaETH, opening perpetual trading for BTC/USD, ETH/USD and SOL/USD and launching a USDm-based GLV liquidity vault. According to GMX, the rollout brings its trading infrastructure to MegaETH with high-speed onchain execution and support for up to 50x leverage.

The initial deployment is aimed at traders and liquidity providers on MegaETH. GMX said users can trade the three launch markets, buy GLV: [USDM/USDM] liquidity tokens, and earn from trading activity, while the first phase relies on Chainlink price feeds, pooled GLV liquidity and the protocol’s existing audited architecture.

GMX said the launch will follow a phased strategy, with MegaETH-specific optimizations to be introduced gradually after the initial deployment proves stable. The company also said additional markets are expected to follow, while future upgrades may include faster execution and new features tied to MegaETH’s real-time design.

Source: GMX announcement on Substack.

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