GMX’s Solana Venue Records $25 Billion in October Trading Volume

GMX’s Solana venue, gmtrade_xyz, recorded $25 billion in trading volume in October. The total was the venue’s highest monthly volume since June and exceeded that of other perpetual decentralized exchanges on Solana. GMX operates a decentralized trading platform focused on leveraged perpetual contracts. It has also enabled Builder Fees on Solana, which let third-party developers charge fees for eligible position orders routed through their interfaces or tools. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.