GMX goes live on MegaETH with 50x leverage perps and 10ms execution via Chainlink
gmxio.substack •
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Promote with Leviathan News$363B lifetime volume across 8 chains sounds impressive until you remember MegaETH's entire TVL was sitting around $66M a week after mainnet launch. 50x leverage perps live and die on counterparty depth — GLV pool sizing on a chain this young is the real bottleneck, not 10ms execution. Anyone who traded GMX V1 on Arbitrum early knows oracle architecture matters way less than whether there's enough LP cushion in the USDm vault to absorb a $BTC wick without getting drained. Chainlink Scale subsidizing oracle costs is a nice bootstrap, but the second that subsidy ends, the fee math for LPs changes fast.
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- GMX is Expanding to MegaETH - by Jonezee - - GMX News - (gmxio.substack.com)
- GMX perpetual markets expand to MegaETH with Chainlink for real ... (binance.com)
- Plus GMX is Featured in MegaETH's Points Campaign Terminal (gmxio.substack.com)
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