Nassau, Bahamas, September 29th, 2025, Chainwire
GMX, the leading permissionless onchain perpetual exchange, today announces the launch of GMX Multichain with an expansion to Base, Coinbase’s Ethereum Layer 2 network. This milestone expands GMX’s reach to over 1.3 million Base users, enabling seamless cross-chain access to its deep-liquidity Perp and Swap markets.
Powered by LayerZero, the industry’s leading interoperability protocol, GMX Multichain allows traders and liquidity providers from all other EVM chains to use GMX’s battle-tested DeFi infrastructure frictionlessly. With this launch, GMX has taken a major step on its path to provide permissionless, high-performance perpetual trading across every major public blockchain.
“Multichain is GMX’s answer to scaling a successful Perp DEX without compromising on DeFi’s core values…” explains Jone Zee, Communications Coordinator at GMX. “Horizontal expansion; rapidly increasing the total addressable market. By launching first on Base, we’re opening the door to one of the fastest-growing ecosystems in crypto — meanwhile, setting the stage to unlock many more chains in the months ahead.”
What Multichain Enables
● Seamless trading of GMX’s 90+ perpetuals and 23 high-liquidity swap markets directly from other EVM blockchains, starting with Base. Enjoy trade execution in under 1 second across chains, with network costs and RPC dependencies abstracted away thanks to the innovative GMX Express functionality.
● Frictionless onboarding (in under 30 seconds), with no manual bridging or complex setup for the end user. Connect your wallet, deposit collateral, and trade.
● Unified liquidity across all the public blockchains unlocked by Multichain, built on top of LayerZero’s battle-tested infrastructure that has supported 150M messages and $120B in volume.
● Liquidity provision (coming soon): users from BASE and other EVM chains will be able to earn yield by providing liquidity directly to GMX’s high-performance GM pools and GLV vaults.
Since its inception four years ago, GMX has facilitated over $320 billion in trading volume from more than 720,000 users across Arbitrum, Avalanche, Solana, and the Bitcoin-based Botanix blockchain. With Multichain now li
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Author: Crypto Daily™
