As we conclude the long awaited HIP-5 voting process, we'd like to share with you the final adjustments on esHMX vesting schedule.
Going forward, esHMX vesting will be subject to:
๐น DP requirement (1 DP can vest 4 $esHMX)
๐น 36-month vesting schedule
๐ Effective date:
Dragons, the voting result is in ๐ฃ๏ธ
esHMX tokens that have been put into vesting before HIP-5-2 vote will not be subject to the new extended 36-month vesting period or the DP requirements ๐ค
The team will soon communicate on the next steps ๐ฃ
Dragons ๐,
@HMXorg
is entering
@DistrictOneIO
! ๐ซก
Join our space to dive into more details about Golden Slam, on 14th May, 11AM UTC! โก๏ธ
Discover how you can make the most out of the Golden Slam campaign & earn 8,000 Blast Gold ๐
Space link ๐ฝ:
We're back with another campaign on
@Blast_L2
with over 8,000 Blast Gold in rewards: Golden Slam campaign! โก๏ธ
Trade or deposit assets into $HLP on HMX on Blast for a chance to win at least 20 Blast Gold EVERY hour ๐คฏ
Read on for more details ๐
1/๐งต
We're more than excited to announce multiple exciting major developments to HMX (prev. Perp88)
1๏ธโฃ Private round fund raise
2๏ธโฃ Rebranding from to HMX
3๏ธโฃ Launching HMX on Arbitrum
4๏ธโฃ Launching HMXโs governance token
1/14 ๐งตa thread summarizing the article:
Dragons ๐, we'd like to introduce to you our first core feature - Leveraged Market Making (via the HLP Vault):
1๏ธโฃ Introducing the HLP
2๏ธโฃ Building on top of
@GMX_IO
3๏ธโฃ How it works
4๏ธโฃ LP Protection Measures for HLP
1/12 ๐งตa thread summarizing the article:
๐ข Listing Announcement! ๐
Dragons ๐, your listing requests have been heard! Today, we bring them to life! ๐ฎ
Now LIVE ๐ข on HMX:
๐ธ $BNB/USD (
@Binance
)
๐ธ $SOL/USD (
@Solana
)
Trade limitless ๐:
#RealYield
$HMX
#PoweredByPyth
#Arbitrum
HMX's Phase 2 of Launch is happening next week on Monday, July 31st at 12 PM UTC โณ
To get you well prepared to make the most out of it, let's break down the mechanics of HMX's Token Generation Event (TGE)! ๐
A ๐งต on HMX's TGE
1/
$HMX
#DeFi
#PerpDEX
#RealYield
#Arbitrum
Phase 2: The $HMX Token Generation Event (TGE) is going live in exactly 24 hours! โฐ
Set your alarms for tomorrow, 12 PM UTC, and get your $ETH ready, as you'll be the first to acquire $HMX token! ๐ช
Bookmark the link ๐& see you there, dragons! ๐
Dragons ๐, we'll soon announce the next phases of our launch plan ๐
Before then, have you familiarized yourself with HMX by completing our quizzes? ๐
Note that completing the quizzes will earn you XP on
@zealy_io
, which will grant you an airdrop of $esHMX! ๐ช
Start now ๐
Dragons ๐, we've released 4๏ธโฃ quizzes on different aspects of HMX on our Zealy!
๐ธ Leveraged Market Making
๐ธ Leveraged Trading
๐ธ Tokenomics
๐ธ Public Open Beta
Complete them & earn XP points to qualify for
#airdrop
rewards! ๐ช
Participate here โก๏ธ:
The stage is set for the Full Launch of HMX! ๐ฅ๐ฅ ๐
๐ธ Recap on Phase 1: Public Open Beta
๐ธ Phase 2: $HMX TGE
๐ธ Phase 3: $HLP SURGE
๐ธ Phase 4: Full-scale Launch
1/๐งต
Dragons ๐, the
#realyield
from the previous epoch is in! ๐๐ป
The APY for $HLP now stands at 81.69%! ๐คฏ๐
๐ธ 10.87% APR from $GMX's $GLP
๐ธ 48.88% APR in $USDC
โก๏ธDeposit HLP:
โก๏ธStake HLP:
$HMX
#Arbitrum
#DeFi
#PerpDEX
Dragons ๐, the
#realyield
from the previous epoch is in! ๐๐ป
With the trading frenzy last week, the APY for $HLP now stands at 197.52%! ๐คฏ๐
๐ธ 6.16% APR from $GMX's $GLP
๐ธ 103.02% APR in $USDC
โก๏ธDeposit HLP:
โก๏ธStake HLP:
Dragons ๐,
#HMXmeme
contest has officially concluded! ๐จ๐ปโ๐จ
Our team at
@HMXorg
had an incredibly tough time choosing, but we've finally selected our top 10 favorite memes! ๐๐ป
Were you one of the lucky winners? ๐ ๐ค
Find out below ๐ฝ
$HMX
#Arbitrum
#DeFi
#PerpDEX
#RealYIeld
To celebrate
@HMXorg
reaching $100M in total trading volume, we will be hosting our first ever meme competition! ๐
A total of $500 in $HLP has been allocated as the rewards for 10 selected winners! ๐งง
Read below for the rules ๐
1/๐งต
$HMX
#DeFi
#RealYield
#PerpDEX
#Giveaway
๐ข It's been 24 hours since $HMX TGE went live! ๐๐
Here's a quick run down of the stats๐:
๐นTotal Contribution: 520.16 $ETH
๐น# of Participants: 518
๐น$HMX Market Cap: $951.51K
๐น$HMX FDV: $11.89M
If you haven't participated yet, don't miss out ๐ฝ:
Phase 2: $HMX TGE is live! ๐ข
You can now contribute $ETH in exchange for $HMX! ๐ฑ
Please remember that if the maximum capacity (1,500 $ETH) is reached, excess contribution will be refunded back to the participants pro-rata! ๐ฆ
Contribute here โถ๏ธ:
A quarter of a $BILLION in total trading volume? โ Check!
Thank you everyone for being a part of this incredible milestone! ๐๐ป
Next stop ๐: $HMX Token Generation Event (TGE)! ๐
The TGE is only 4๏ธโฃ hours away! Hope to see you soon, dragons! ๐
HMX's Phase 2 of Launch is happening next week on Monday, July 31st at 12 PM UTC โณ
To get you well prepared to make the most out of it, let's break down the mechanics of HMX's Token Generation Event (TGE)! ๐
A ๐งต on HMX's TGE
1/
$HMX
#DeFi
#PerpDEX
#RealYield
#Arbitrum
@HMXorg
's velocity-based funding rate allows our users to earn on the funding fee via a carry trade strategy
Today, we'll be going over the following topics:
๐น What is a carry trade strategy (CTS)?
๐น Spotting a CTS opportunity
๐น 3 Methods of carry trade
Let's dig in!
๐งต 1/
@HMXorg
's velocity-based funding rate allows users to earn on funding fees on heavily skewed markets! ๐
Want to know which market offers the most attractive opportunity? ๐ธ
๐ Explore our dashboard for historical funding rate data below โฌ๏ธ:
$100M โ
Dragons ๐, we couldn't have done it without you!
A heartfelt thank you to each and every one of you who played a part in this achievement ๐ค๐
To celebrate, we've got something in store for you - stay tuned! ๐
Trade limitless ๐:
$HMX
Dragons ๐, we just introduced On-chart Trading, a feature designed to enhance the trading experience at
@HMXorg
and make it even more seamless! ๐
This feature enables users to modify their Take Profit or Stop Loss orders by interacting directly with the trading chart ๐
1/๐งต
Dragons ๐, the
#realyield
from the previous epoch is in! ๐ฅ
The APY for $HLP now stands at 36.62%! ๐งง
๐ธ 6.69% APR from $GMX's $GLP
๐ธ 24.51% APR in $USDC
โก๏ธDeposit HLP:
โก๏ธStake HLP:
$HMX
#Arbitrum
#DeFi
#PerpDEX
Dragons ๐, we continue to release a lot of UX/UI improvements this week:
โ Enabled stop profit order
โ Users can now sort markets
โ Optimized wallet connection popup
โ Improved performance on trade page
โ Ability to see funding rate and borrowing rate by dif. timeframe
โ
Dragons ๐, your requests have been heard once again! ๐๐ปโโ๏ธ
We're happy to announce that
@HMXorg
has listed $ARB (
@Arbitrum
) as collateral asset! ๐ช
Going forward, users can now deposit $ARB as collateral to start trading at $HMX ๐
Trade limitless ๐:
Dragons ๐, we released another batch of improvement!
Here's what we've enhanced in the UX/UI this week:
โ Added support for
@Rabby_io
and
@Brave
Wallet
โ Added fees breakdown in the positionโs PnL tooltips
โ Fixed red color code for better visual clarity
โ Improved
๐ Friendly reminder: Don't forget about our exciting AMA session with
@unsheth_xyz
happening later today at 4PM UTC!
Join us to discover the fascinating world of HMX from our very own Head of Strategy & Marketing,
@RockmanHMX
! ๐
See you all there! ๐ซก
Join us next Wednesday at 4pm UTC for an AMA with
@HMXorg
to learn more about them and a potential collaboration with unshETH ๐
250 $USDC & XP points (for $esHMX ๐ช) will be up for grabs! Check out the 3 ways to participate and set a reminder ๐
๐ข A quick recap on the statistics of $HMX TGE at the end of day 2๏ธโฃ:
๐นTotal Contribution: 622.28 $ETH
๐น# of Participants: 710
๐น$HMX Market Cap: $1.16M
๐น$HMX FDV: $14.47M
The final 24 hours of the TGE are upon us โ๏ธ
Contribute now ๐ฝ:
Dragons ๐, our Public Open Beta will be live tomorrow! ๐
Let's explore how you can participate to earn
#airdrop
rewards:
1๏ธโฃ Public beta featuresโ details
2๏ธโฃ How to qualify for airdrop rewards
3๏ธโฃ Allocation of airdrop rewards
4๏ธโฃ Protocol security
1/14
Dragons ๐, our fifth quiz,
@HMXorg
's Final Phases of Launch, is now live on Zealy! ๐๐ป๐ฅ
What's special about this one is that completing it will earn you double the XP, which means more
#airdrop
rewards! ๐ช๐ซ
Don't miss out โก๏ธ:
#Arbitrum
#DeFi
Dragons ๐, we've released 4๏ธโฃ quizzes on different aspects of HMX on our Zealy!
๐ธ Leveraged Market Making
๐ธ Leveraged Trading
๐ธ Tokenomics
๐ธ Public Open Beta
Complete them & earn XP points to qualify for
#airdrop
rewards! ๐ช
Participate here โก๏ธ:
In preparation for Phase 3: $HLP SURGE, set to begin in 30 minutes, we would like to offer the community some tips to ensure a smooth experience.
To help you minimize deposit fees, it's advisable to check the current pool composition before making a deposit.
Please read below
HMX's Phase 3 of Launch: $HLP SURGE is scheduled to start within 10 hours today (Friday, August 4th, 12PM UTC)!
Let's go through the mechanics & how you can participate to earn additional monthly incentives in $esHMX! ๐ฐ
A ๐งต on $HLP SURGE
<3๏ธโฃ days to participate in Phase 3: $HLP SURGE! โณ
Users can still deposit assets into Batch 5๏ธโฃ to earn bonus monthly incentives at ~21.4% APR in $esHMX
Remember, participants in $HLP SURGE enjoy the following benefits:
๐น 65% of HMX's protocol revenue paid in $USDC
๐น 100% of
Phase 3: $HLP SURGE is live! ๐ข
You can now deposit $USDC.e or $GLP tokens into the $HLP to earn monthly bonus incentives in $esHMX!
Note that your deposit will be locked for the first month, up until September, 9th, 2023 ๐ฆ
Deposit here ๐ฝ:
๐ข Dragons ๐
@HMXorg
team used part of the contribution from the TGE to seed UNIv3 HMX-ETH liquidity pool with ~$1Mn and locked the liquidity for 1 year through 3rd August 2024.
Please find the lock TX hash below๐:
๐ $HMX Token Generation Event (TGE) has officially concluded!
After 72 hours, we're delighted to share the following statistics regarding the TGE:
๐น 1,900+ $ETH contributed
๐น $2.75M Market Cap & $34.41M FDV
๐น 1.5k+ participants in the event
$HMX is now listed on
@Uniswap
,
Phase 3: $HLP SURGE is live! ๐ข
You can now deposit $USDC.e or $GLP tokens into the $HLP to earn monthly bonus incentives in $esHMX!
Note that your deposit will be locked for the first month, up until September, 9th, 2023 ๐ฆ
Deposit here ๐ฝ:
๐ข Listing Announcement! ๐
The following markets are now LIVE ๐ข on HMX:
๐น MATIC/USD (
@0xPolygonLabs
)
๐น SUI/USD (
@SuiNetwork
)
๐น ADA/USD (
@Cardano
)
๐น GBP/USD
๐น AUD/USD
Trade now ๐:
Dragons ๐, the
#yield
from the previous epoch is now being distributed! ๐๐ป
The APY for $HLP currently stands at 75.97%! ๐คฏ ๐
๐ธ 10.03% APR from $GMX's $GLP
๐ธ 46.52% APR in $USDC
โก๏ธBuy HLP now:
โก๏ธStake now:
#Arbitrum
#DeFi
Many UI improvements just went live. Thanks to all the feedback and suggestions from our beta users๐๐
โ Position info and open orders are now displayed on the chart
โ Fixed texts / added tooltips in various places
โ Sub-account value now added to the wallet menu section
Dragons ๐, we've released 4๏ธโฃ quizzes on different aspects of HMX on our Zealy!
๐ธ Leveraged Market Making
๐ธ Leveraged Trading
๐ธ Tokenomics
๐ธ Public Open Beta
Complete them & earn XP points to qualify for
#airdrop
rewards! ๐ช
Participate here โก๏ธ:
Dragons ๐
Our TGE was a great success, thanks to all of you! ๐๐ป
Curious to know some interesting insights? ๐ค
Check out the quick recap of the event ๐ฝ
We are launching a daily giveaways campaign, Gigabrain Quizz, on Telegram starting Tuesday July 4th.
๐Our community members will get to learn more about HMX and win $$ ๐ต๐ต.
๐The daily quiz will be around 12PM - 2PM UTC. The exact time each day will be announced in the
As HMX implements virtual price impact on trades to protect LPs, calculating real-time global PnL of $HLP on-chain may seem impossible due to high computational cost โ
However, our novel feature makes this feat possible ๐คฏ
Learn more about it here ๐ฝ:
HLP staking is now live with 46% APY! ๐ข ๐
Stake your $HLP now to get your share of the protocol revenue in $USDC
โก๏ธBuy HLP now:
โก๏ธStake now:
#Arbitrum
#DeFi
#Staking
#Yield
Dragons ๐, we're thrilled to announce the long-awaited thread competition! โ๐ป
Calling all skilled writers and $HMX experts: It's time to shine! ๐
We're offering a whopping prize of $1,000 in $HLP for the top four winners! ๐งง
Read below for the rules ๐
1/๐งต
#HMXmeme
๐ Phase 3: The $HLP SURGE has concluded! โก๏ธ
We are thrilled to announce that a grand total of $5.8 million in liquidity has been successfully raised for $HLP via the SURGE event, putting our $HLP TVL at ~$6.8M! ๐
If you participated in $HLP SURGE, please make note of the
๐ $HMX Token Generation Event (TGE) has officially concluded!
After 72 hours, we're delighted to share the following statistics regarding the TGE:
๐น 1,900+ $ETH contributed
๐น $2.75M Market Cap & $34.41M FDV
๐น 1.5k+ participants in the event
$HMX is now listed on
@Uniswap
,
Phase 2: $HMX TGE is live! ๐ข
You can now contribute $ETH in exchange for $HMX! ๐ฑ
Please remember that if the maximum capacity (1,500 $ETH) is reached, excess contribution will be refunded back to the participants pro-rata! ๐ฆ
Contribute here โถ๏ธ:
Dear Dragons, ~60 days ago we launched
@HMXorg
Public Open Beta! ๐
Today, weโre thrilled to announce that $HMX has achieved a remarkable milestone, surpassing $1 BILLION in Total Trading Volume ๐ค
A huge shoutout and heartfelt gratitude to our incredible community for their
To celebrate
@HMXorg
reaching $100M in total trading volume, we will be hosting our first ever meme competition! ๐
A total of $500 in $HLP has been allocated as the rewards for 10 selected winners! ๐งง
Read below for the rules ๐
1/๐งต
$HMX
#DeFi
#RealYield
#PerpDEX
#Giveaway
$100M โ
Dragons ๐, we couldn't have done it without you!
A heartfelt thank you to each and every one of you who played a part in this achievement ๐ค๐
To celebrate, we've got something in store for you - stay tuned! ๐
Trade limitless ๐:
$HMX
Dragons ๐, we are excited to announce that
@HMXorg
is now available as a progressive web application (PWA) ๐ฑ
Mobile users can now enjoy an enhanced UI/UX seamlessly through the application, as the interface has been carefully designed to mirror the experience of trading on a
Happy Chinese New Year, Dragons! ๐
We have a special
#giveaway
just for you - 88 $HMX for 10 lucky winners! ๐งง
How to participate:
๐ธ Follow
@HMXorg
on Twitter
๐ธ Like, RT, and comment why you love HMX by 11/02, 8PM UTC
๐ธ Account must have a "๐" in your name
๐ข Winners
Have you ever wondered how $HMX manages to support a trading volume of over $650M+ with just around $10M in TVL? ๐ค
Today, we will unveil the secret ๐
A ๐งต on how $HMX effectively utilizes liquidity in $HLP to power its leveraged trading feature.
1/
We're quickly approaching the $BLAST airdrop date of 26/06
We're going ALL IN with 3 campaigns set for 18-24/06, with 12.6k Blast Gold to distribute:
๐น Heavyweight in Action (HIA)
๐น Golden Slam
๐น Trading Comp.
Read on below for more details:
1/๐งต
Pythians ๐ฎ, this one's for you ๐ซก
We're happy to announce that
@HMXorg
has listed $PYTH (
@PythNetwork
) as collateral asset! ๐ช
Going forward, users can now deposit $PYTH as collateral to start trading at $HMX ๐
Trade limitless ๐:
$11bn and counting! ๐
2 weeks ago, we celebrated our $10bn trading volume milestone ๐
Since then, we've added another billion ๐
Thank you for your continuous support, Dragons! ๐
Trade now ๐:
Just around ten days ago,
@HMXorg
reached a remarkable trading volume of $4 billion ๐
Since then, we've supported another $1 billion! ๐
Today, let's celebrate as $HMX achieves another incredible milestone: a total trading volume of $5 billion! ๐
Despite the benefits of decentralization, on-chain perpetual trading faces challenges in delivering an exceptional UX:
๐ธ High fees
๐ธ Limited collateral support
๐ธ Poor UX
Not until now. Here's how $HMX is overcoming these pain points to offer a CEX-like UX on-chain.
1/
Dragons ๐, we've soared to another billion!
Our Total Trading Volume has now reached $19 billion โ
We're just 1 billion away from hitting the $20 billion mark ๐
Trade Limitless ๐ฝ:
.
@HMXorg
ranks 3rd on Arbitrum and 7th globally in the last 24-hour volume (via
@DefiLlama
)! ๐คฏ
While we're disappointed our
@Arbitrum
LTIPP proposal didn't receive any support from the council, we'll keep building to serve all of you, dragons ๐
Thank you for your support ๐ซก
Dragons ๐, we are thrilled to announce our first cross-chain expansion to
@Blast_L2
โก๏ธ... a giant leap for our protocol
@HMXorg
is gearing up to tap into Blast's dynamic ecosystem of over $1.4bn in TVL & a user base of 120,000+ to fuel our next stage of growth
Our Blast
Dragons ๐,
In less than two months since the start of Public Open Beta,
@HMXorg
has now supported over half a BILLION in trading volume! ๐
Unleash your trading potential with $HMX & seize the opportunity ๐
Trade Limitless ๐ฝ:
'Not your keys, not your coins'โa crucial lesson reinforced by the FTX incident, which highlights the significance of self-custody, and decentralization โ
Today, let's explore how a decentralized perpetual protocol like
@HMXorg
stacks up against its centralized counterparts ๐ช๐ป
Dragons ๐, as promised, we are proud to announce that the Intent-based Architecture is now live ๐ข at
@HMXorg
๐ฅ
Going forward, users at $HMX can enjoy gasless trading & order management on our platform โฝ๏ธ
Trade Limitless ๐:
1/๐งต
Dragons,
@HMXorg
is always looking to improve the experience for our users, whether in regards to UI, or new technology ๐
Today, we'll briefly introduce to you an intent-based architecture, which will be implemented on the current and future version of HMX ๐
A thread ๐งต
1/
Dragons ๐, we're thrilled to announce that our intent-based architecture, promised in Q4 last year, will be available this week! ๐๐ป
This feature allows you to trade & manage your orders on
@HMXorg
without incurring gas fees ๐คฏ
Stay tuned for further updates ๐
Dragons,
@HMXorg
is always looking to improve the experience for our users, whether in regards to UI, or new technology ๐
Today, we'll briefly introduce to you an intent-based architecture, which will be implemented on the current and future version of HMX ๐
A thread ๐งต
1/
Dragons ๐ฒ, amidst market turbulence,
@HMXorg
continues to rise! ๐
According to
@DefiLlama
, $HMX has clinched the top spot ๐ฅ as the derivative protocol on
@Arbitrum
, with the highest 24h trading volume ๐๐ค๐ฆ
Trade limitless ๐ฝ
Dragons ๐, we've finally done it - $20 Billion in Total Trading Volume! ๐
We've got something special planned next week to celebrate this significant milestone, so stay tuned! ๐
Trade Limitless ๐:
๐
According to
@DefiLlama
,
@HMXorg
is the fastest growing DeFi protocol in terms of TVL growth on
@Arbitrum
!
Ranking of $HMX's TVL growth statistics:
๐ฅ 1st in 1d change
๐ฅ 1st in 7d change
๐ฅ 2nd in 1m change
Upwards & onwards!๐
Trade limitless ๐ฝ:
Dragons ๐, congratulations to the winners of $HMX Trading Competition! ๐
We have distributed rewards for this competition - make some noise if you're one of the winners! ๐ฅณ
Check out the distribution of rewards to the winners here โฌ๏ธ:
Dragons,
@HMXorg
has just hit $15b in Total Trading Volume!
To celebrate the milestone, we are hosting a trading competition with up to $30,000 USDC in rewards!
We will be awarding the top traders of $HMX token according to the categories below - read on for more details
1/๐งต
Dragons ๐, many of you have expressed your interest in trading indices on
@HMXorg
. ๐
We've been hard at work over the past month, crafting something special just for you. ๐งโ๐ป
Stay tuned for more details coming soon! ๐
We're thrilled to announce that
@HMXorg
is a recipient of the $PYTH from
@PythNetwork
's retrospective airdrop program
Let's dive into HMX's partnership with Pyth, why Pyth is our main oracle service provider, & how $HMX will utilize the airdrop
1/๐งต
Introducing the NFT Art Reveal of the "Alliance for Decentralization"! ๐ผ
You have roughly a week to participate in the campaign and become eligible for the exclusive 3D-animated NFT ๐
The Alliance for Decentralization comprises seven innovative protocols within the $HMX's
In an effort to promote decentralization,
@HMXorg
would like to invite you to participate in "Alliance for Decentralization", an exclusive NFT campaign between $HMX & its partners, powered by
@Galxe
๐
A ๐งต on the campaign and how you can receive a free 3D-animated NFT ๐
1/
Dragons ๐, have you had the opportunity to try using
@HMXorg
with its intent-based architecture? ๐
Let us know in the comments how SMOOOOTH your experience has been with our gasless trading & order management feature โจ
Trade Limitless ๐:
Dragons ๐, as promised, we are proud to announce that the Intent-based Architecture is now live ๐ข at
@HMXorg
๐ฅ
Going forward, users at $HMX can enjoy gasless trading & order management on our platform โฝ๏ธ
Trade Limitless ๐:
1/๐งต
Dragons ๐, we're delighted to unveil a new initiative aimed at enhancing engagement across our social channels ๐
Participate in the quest on HMXโs Galxe to win a share of $5,000 USDT in rewards ๐ธ
Read on below for the full details ๐ค
1/๐งต
Yesterday, we witnessed an incredible trading frenzy at
@HMXorg
, surpassing anything since our launch! ๐คฏ
Our 24-hour trading volume has soared beyond $100m for the very first time ๐
Here's to even greater heights, dragons! ๐
Trade limitless ๐ฝ:
Dragons ๐, we're enabling the internet bond at $HMX with our newest listing ๐๏ธ
๐ข Listing Announcement! ๐
$ENA/USD (
@ethena_labs
) is now LIVE ๐ข on
@HMXorg
Trade now ๐:
Phase 4: Full-Scale Launch is LIVE! ๐ข
The following features are now live:
๐น Trading incentive programs
๐น Emissions of $TLC, $DP, $esHMX
๐น Staking of platform tokens
๐น Trade size & OI limit increased
Trade limitless with HMX ๐:
We start our 2024 strong with a total trading volume of $10 BILLION! ๐
What an incredible journey it has been! Achieving $10 billion in less than 6 months since our launch is no small accomplishment ๐
How big is $10 billion, you ask? ๐ค
Let's take a look! ๐
1/๐งต
The first distribution of 1M $Blast Points to
@HMXorg
traders on
@Blast_L2
is scheduled for this Thursday! โ๏ธ
Remember, $HMX traders on Blast earns:
๐น $PYTH
๐น $esHMX
๐น $Blast Points
Dragons ๐, have you begun trading on Blast? โก๏ธ
Trade Limitless ๐:
Dragons ๐, we're adding ONE MILLION $Blast Points to be distributed WEEKLY to our traders on
@Blast_L2
Starting this Thurs at 00:00 UTC, traders on
@Blast_L2
will begin earning Blast Points simply by trading on
@HMXorg
on $Blast
Trade Limitless:
1/๐งต
Dragons ๐, our $HLP Total Value Locked (TVL) has soared past $10M! ๐
A heartfelt thank you to everyone who played a part in helping us achieve this remarkable milestone ๐๐ช๐ป
Trade limitless ๐ฝ:
$HMX
#DeFi
#PerpDEX
#Arbitrum
#RealYield
Two weeks ago, we highlighted a few mechanics that make the tokenomics of $HMX unique ๐ช
Now, let's take a closer look at how the tokenomics of $HMX compare to other tokens in the perpetual protocol sector! ๐
The tokenomics of $HMX were carefully designed to achieve two main objectives:
๐ธ Real yield generation
๐ธ Sustaining the token price
Today, we'll shed some light on the mechanics incorporated in our tokenomics design that aim to accomplish these objectives ๐
1/๐งต
To celebrate
@HMXorg
reaching $20b in Trading Volume soon, we are hosting a trading competition with up to 40k in $PYTH in rewards! ๐
We'll be awarding the top traders using $HMX according to the categories below - read on for more details! ๐
1/๐งต
According to
@TokenTerminal
,
@HMXorg
is the 9th highest gas consumer on
@Arbitrum
in terms of last 30-day gas consumption! โฝ๏ธ
We're proud of this feat and hope the
@Arbitrum
community sees it as one of our many contributions to the ecosystem ๐ซก๐ค
Trade Limitless ๐:
Dragons ๐, we're adding ONE MILLION $Blast Points to be distributed WEEKLY to our traders on
@Blast_L2
Starting this Thurs at 00:00 UTC, traders on
@Blast_L2
will begin earning Blast Points simply by trading on
@HMXorg
on $Blast
Trade Limitless:
1/๐งต
Dragons ๐, there are many things planned as benefits and utilities for $HMX holders, which we can not yet share ๐ถ
We'll start with one utility that we're cooking for the $HMX token, which should go live early February ๐ง๐ปโ๐ณ
Can you guess what it is? ๐ค
Dragons ๐, if you love liberating yields, this oneโs for you ๐
๐ข Listing Announcement! ๐
$PENDLE/USD (
@pendle_fi
) is now LIVE ๐ข on
@HMXorg
Trade now ๐:
Our 'Alliance for Decentralization' campaign is now live! ๐
Perform the required actions on protocols in
@HMXorg
's ecosystem between now and Nov 29th, 12PM UTC and win a free NFT! ๐ผ
Note that the NFT & its utilities will be revealed at a later date ๐
More details in the ๐งต
In an effort to promote decentralization,
@HMXorg
would like to invite you to participate in "Alliance for Decentralization", an exclusive NFT campaign between $HMX & its partners, powered by
@Galxe
๐
A ๐งต on the campaign and how you can receive a free 3D-animated NFT ๐
1/
While
@HMXorg
is a DEX, it offers a user experience that rivals CEXes and more!
๐ธ Multi-asset collateral
๐ธ Cross margin
๐ธ Self-custody
๐ธ Live trade-to-earn program (~$110K weekly)
๐ธ Low fees
๐ธ On-chart trading
๐ธ API Integration
It's time to take your trades on-chain,
~3 weeks ago,
@HMXorg
achieved a total trading volume of $1Bn ๐
Today, $HMX has reached yet another monumental milestone, surpassing the $2Bn trading volume mark ๐
Thank you, Dragons ๐, for your unwavering support! ๐๐ปโโ๏ธ
Trade limitless ๐:
As part of our dedication to driving innovations in decentralized derivatives trading,
@HMXorg
is proud to be the first onchain perpetual protocol to offer the trading of Customized Index Market (CIM) on
@arbitrum
๐ฅ
Our first of many CIMs will be US Dollar Index Market (DIX),
In an effort to promote decentralization,
@HMXorg
would like to invite you to participate in "Alliance for Decentralization", an exclusive NFT campaign between $HMX & its partners, powered by
@Galxe
๐
A ๐งต on the campaign and how you can receive a free 3D-animated NFT ๐
1/
A quarter of a hundred million in TVL? Check! โ
Let's keep soaring, Dragons! ๐ฒ
On a side note, $HLP is now offering a juicy ~30% APY! ๐ธ
Start earning that
#realyield
๐ฆ today: