GMX (GMX)

🎥 New Video - Perp Dex of the Year Perp DEXs went through an intense 2025 — and not all volume was created equal. We break down the performance of the major perp protocols, breaking down incentive farming versus genuine market demand. Check it out 👇 https://t.co/fvKmPNrPgW

RULES & GUIDELINES FOR FARMING PERPDEXES (part 1) After years of farming perpdexes, I learned many things to keep in mind to farm them the most effectively. So, if your goal is to maximize the airdrops while minimizing costs and risks, here are some rules and guidelines you should follow: First of all, if you are not a proven trader, then don't try and actually trade, just washtrade to farm points. What I mean with that is: If you do not have a trading plan that works and/or have insufficient experience trading, then stay away from actually trading and just do either delta-neutral trading, or plain washtrading. What do these two options mean though? Well, delta-neutral trading essentially means: You open a long and short trade at the same price with the exact opposite SL and TP. If you farm one perpdex, then use 2 wallets to do this so that you don't get filtered out. If you farm 2 perpdexes, then you can use 1 wallet to do it on the 2 perpdexes at the same time. Example: You want to farm @avantisfi

.@metaproph3t killed it here imo @MetaDAOProject solves the one problem that most people don't even talk about right now imo As of right now, most tokens are not equity, they are just a thing you can buy that does nothing except SOMETIMES capture demand, but usually doesn't retain any actual value As Proph3t put it: "token equity split is retarded" You can't split up a business into two parts successfully while both are controlled by the same people. They're just going to capture the upside into whichever part benefits them the most, which is usually the part you can't access (equity) making the other part (token) kinda worthless Even when you only have a token, it's difficult to price it on cashflows alone because those cashflows might take years or decades to fully materialize (Think of GMX, Mux, and the many other perps dexes that came and failed before Hyperliquid eventually got it right) So even if the token is successful, projects like Uniswap that have token + equity splits (Uniswap Labs + $UNI)

I remember buying the GMX ICO back in 2021. After watching Uniswap change everything, it was obvious to me that perp DEXs were the next frontier. I nailed the trade early and was an enthusiastic community member from day one. GMX had everything you’d dream of at the time: – zero VCs – composability – a real solution to the liquidity cold-start with GLP – some of the earliest real DeFi fees – ETH fee-share to token holders – and a hardcore community that carried the project on its back I also remember how painful it was to round-trip one of my largest positions during that period. This was despite having what I considered a 'perfect' scorecard. The lesson I took from GMX is simple and brutal: 'growth over everything else'. GMX stopped growing. And when growth stops, nothing else saves you Not being VC-free Not having a loyal community Not elegant tokenomics Not clever mechanism design Not even decentralization Contrast that with Binance. It kept growing relentlessly. Users, liquidity, volume all incr