The Perp Dex That Processed $360 Billion Just Went Live on Crypto’s Most Experimental Blockchain
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Published on March 30, 2026.
GMX, the non-custodial perp trading platform that has processed over $363 billion in notional volume on 8 chains, has launched on MegaETH, the first real-time blockchain. This move aligns with the most proven infrastructure in decentralized derivatives, deployed on the most technically ambitious EVM chain. MegaETH's 10ms block generation highlights potential improvements in on-chain perpetual architecture for GMX, which uses Chainlink oracle feeds to enable transparently priced markets. The launch also introduces the first stablecoin-only liquidity vault, allowing users to deposit USDm and earn yield from three different streams simultaneously. GMX is positioning itself as the go-to trading venue and yield infrastructure for MegaETH builders and users. The second deployment phase will introduce MegaETH-specific optimizations, including CEX-like order execution and advanced trading features enabled by MegaETH’s computational throughput.
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