Weekly Buyback GMX DAO has reacquired 6626.9 $GMX for ~$50,000 at an average of ~$7.55 between September 16–22, 2026. 🫐 Program Total (Mar 5 – Sep 22): A total of 482,909 GMX tokens were repurchased for about $3,110,000, representing a blended average of ~$6.44 🔵

This gives staked $GMX a second reward stream on top of the existing staking rewards, and the design is built to reward stakers who hold through the full window, not farmers who opportunistically jump in at the end.

The GT side of this proposal: 🔸 A GT buyback relaunches shortly 🔸 Solana-side protocol fees keep flowing into the GT points flywheel 🔸 gmx:native stakers receive a GT airdrop Details follow in the next proposal.

Alongside the market-making fund launch, this proposal lays out all that GMX is building next: 🔹Cross-collateral and Cross-margin 🔹New USDG-based LP product line 🔹Market groups 🔹Net open interest 🔹RFQ-based trading 🔹Permissionless market listings 🔹Robinhood integration

GMX DAO reacquired ~7,692 $GMX for ~$60,000 at an average of ~$7.80 between September 9–15, 2026. 🫐 Program Total (Mar 5 – Sep 15): 476,282 GMX tokens were repurchased for ~$3,060,000 at a blended average of ~$6.42 🔵

Establishing a $10M GMX Market Making Fund GM Labs is establishing a $10M market-making fund for the GMX token, funded from the treasury. The fund will use the protocol’s combined Open Interest across all chains as its reference... Full details below⬇️

September 16, 2026. FOMC rate decision and projections at 2:00 PM ET, Warsh press conference at 2:30 PM. Markets price close to 90% odds of a quarter point hike to 3.75% to 4.00%, the first increase since 2023, after core CPI rose 0.3% m/m, above forecast. The hike itself is largely priced. The dot plot is what decides whether this is a single move or the start of a cycle.

The GMX DAO has reacquired 15,390 $GMX for ~$120,000 at an average of ~$7.80 between September 2–8, 2026. 🫐 Program Total (Mar 5 – Sep 8): 468,590 GMX tokens have been reacquired for ~$3,000,000; representing an overall blended average of ~$6.40 🔵

On X, ZZZ, and GMX X, GMX's original lead developer, has stepped back from active development and is nowadays an advisor to GMX. He has personally confirmed that he deployed $ZZZ on Robinhood Chain this weekend. The wallet used for that is not an active GMX deployer and is not connected to any active GMX V2 contract. It is an original personal deployer, the same one also previously used to launch XVIX, a project that preceded GMX. GMX moved to fresh deployer wallets long before this deployment, as part of an OpSec upgrade implemented in coordination with X. Those new wallets are not controlled by individuals and have additional security safeguards. X has renamed his personal Twitter account to @ExponentLabs_ and has started setting out an AI-focused vision for autonomously evolving protocols there. He is building this project outside GM Labs (@GMLabsHQ), the company behind GMX and GMTrade, so GMX has no link to it beyond his advisory role. Anyone curious about what he is building can follow him there.

Live on GMX: QQQ/USD and SPY/USD perps, wave 1 of the TradFi expansion. 24/7 trading of the Invesco QQQ Trust and SPDR S&P 500 ETF, even outside US market hours. Backed by the GLV: [WETH-USDC] liquidity vault on @Arbitrum; priced by low-latency @Chainlink Data Streams. 1/2 ⬇️