GMX price

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1. Macro Narrative Alignment $GMX sits at the intersection of the narratives: DeFi derivatives infrastructure, permissionless finance, and cross-chain Layer-2 liquidity. 2. Project Role in the Narrative It functions as the backbone for decentralized leveraged trading and perpetual contracts, enabling users to trade seamlessly from wallets, without custodial risk. 3. Technology Layer & Differentiation Operates on Arbitrum and Avalanche with a multi-asset pool (GLP) and uses Chainlink oracles for dynamic pricing. gmx-docs.io+1 Its staking/reward design links protocol throughput directly to token holder value. 4. Token Utility & Economic Model $GMX token grants governance rights, staking yields, and revenue-sharing from trading activity. Token value is tied to protocol usage: more trading = more fees = more rewards. 5. Traction Metrics “GMX is a leading decentralized exchange (DEX) for trading perpetual swaps … making it the leading derivatives DEX on Arbitrum and Avalanche.” CoinMarketCap Tokenomics data: Circulating supply ~10.3 M, max supply ~13.25 M. CryptoRank+1 6. Narrative Continuation Outlook As the broader narrative of DeFi moves toward derivatives and institutional-grade trading on-chain, GMX is well placed. Continued growth in decentralized trading, broader asset support, and cross-chain liquidity are key factors for its narrative endurance. $GMX @EdgenTech

Can @arbitrum implement AI-based DeFi automation through @almanak and @Velvet_Capital? When Almanak and Velvet Capital are combined on the Arbitrum network, they can achieve real-time automated profit optimization based on low gas fees and fast transaction processing speeds. Each project provides an AI-based strategy execution engine and a vault-centric portfolio management system, and operating them together enables high-frequency automated trading and capital-intensive operations simultaneously. Almanak utilizes Arbitrum as a low-cost execution layer. Users can bridge a small amount of Ethereum to create a multi-signature Safe wallet on the Arbitrum One chain and specify accessible protocols through the Zodiac permission management module. By whitelisting addresses such as Uniswap V3, Aave, and Enso, agents can only execute trades within the defined range. Users then write strategies through natural language commands or the Python SDK. Almanak's AI swarm consists of 18 independent agents, each capable of writing code, performing backtests, and evaluating execution efficiency. Thanks to Arbitrum's low gas fees, this process can be repeated every 5 minutes, allowing for continuous strategy adjustments without fee burdens. Typical commands include adding liquidity when volatility is low or automatically adjusting Uniswap LP ranges based on market conditions. Velvet Capital plays a role in scaling these strategies to a broader audience. Users can select the Arbitrum network on the web-based Velvet interface and input commands like "Optimize USDC profits on Arbitrum" through the Velvet Unicorn AI. Velvet's multi-agent system explores various DeFi protocols to calculate the highest yield combinations and automatically creates vaults upon user approval. The vault creation process can be completed in just a few clicks, and assets can be reallocated hourly using the Across bridge. The gas cost for rebalancing is only about $0.02 on average, and users can monitor yields in real-time through a dashboard and Telegram notifications. Combining the two systems allows for the inclusion of Almanak's high-frequency strategy execution capabilities within the Velvet vault structure. Almanak's Safe wallet handles precise trades, while the Velvet vault tokenizes this to concentrate capital. This approach achieves both code-level automation and liquidity expansion simultaneously. Additionally, using Chainlink price feeds and Enso routers together can further enhance efficiency through batch processing of trades and oracle signal-based automation. For security, it is recommended to periodically check Zodiac permissions and restrict the vault to trade only approved assets. In terms of efficiency, Arbitrum shows a clear advantage. The strategy execution cost for Almanak is about $0.01 per trade, while Velvet's vault rebalancing costs about $0.02. Almanak offers annual returns between 8% and 20%, while Velvet provides returns in the range of 10% to 25%, with automation cycles set from 5 to 60 minutes. Users can build a real-time profit optimization environment without separate coding or management burdens. However, errors in permission settings or the use of illiquid tokens can hinder profits, so it is advisable to design strategies focusing on major asset classes like ETH, USDC, ARB, and GMX. In conclusion, Arbitrum is an ideal environment for maximizing the functional advantages of Almanak and Velvet. Almanak's AI agents efficiently perform high-frequency trading in a low-cost gas environment, while Velvet's vault system expands this into a social capital pool, enabling large-scale operations. The most efficient deployment procedure is to create a Safe, deploy the Almanak strategy to that Safe, and then integrate it into the Velvet vault. This structure implements real-time profit optimization in a fully non-custodial manner, minimizing transaction costs and maximizing operational efficiency, and is evaluated as a next-generation DeFi automation model.