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GMX: GMX V1 trading and GLP casting and exchange functions have been disabled

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2025-07-09 14:48:43
GMX posted on the X platform that the GLP pool of GMX V1 on the Arbitrum platform suffered a vulnerability attack, and about $40 million of tokens have been transferred from the GLP pool to an unknown wallet. Security partners have participated in the investigation of this attack incident.
At present, the Arbitrum and Avalanche platforms have disabled the trading of GMX V1 and the minting and exchange functions of GLP to prevent any further attacks, but the vulnerability does not affect GMX V2 or the GMX token itself.
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