GMX price

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A 4th new Perp market is live on GMX as of today: 🔸 LINEA/USD Predict the future price of the token from @LineaBuild, and trade on your prediction onchain: >

Expanding Core Collateral: GMX Assets Now Supported on @Arbitrum @RDNTCapital has expanded its Core module to accept more GMX-related assets as collateral only. This update deepens Radiant’s integration with @GMX_IO and unlocks new borrowing flexibility across Core markets. The newly accepted collateral assets are: • GLV [WBTC–USDC] • GLV [WETH–USDC] • gmETH • gmBTC With these additions, users can now leverage positions held in these @GMX_IO assets to borrow against other markets within @RDNTCapital's system. Incentives are planned soon, so keep an eye out. Explore here: Why This Move Matters ✅ Increased capital efficiency - Users who already hold GMX assets can put them to work without needing to exit or convert them first. ✅ Stronger GMX-Radiant synergy - This move aligns the two protocols, creating composability and deeper liquidity overlap within the Arbitrum ecosystem. ✅ Collateral flexibility - By accepting both GLV variants and GMX v2 tokens (gmETH/gmBTC), Radiant broadens the asset base it can secure, which helps risk and asset diversification. ✅ Prepping for incentives - With collateral support in place, Radiant is positioning these markets to be incentivized later, which could attract significant deposit/borrow activity. What’s Live / Recent Activity 🔹Radiant’s STIP program notes that the GMX v2 gmBTC and gmETH markets were launched as collateral-only markets on Arbitrum. 🔹Community proposal RFP-38 details integrating these GMX liquidity tokens into Radiant’s markets with set LTVs, liquidation thresholds, and supply caps. 🔹GMX’s official channels confirmed support for gmETH and gmBTC on Arbitrum, noting how Radiant positions them so holders can unlock borrowing power. What This Means for Users & Builders 🔸If you’re holding GLV, gmETH, or gmBTC, you can now use them directly as collateral to borrow other assets, unlocking liquidity without exiting positions. 🔸Builders can design products or strategies around these collateralized assets (e.g. yield optimization, vault stacking, cross-protocol leverage). 🔸This collateral expansion may attract new users to Radiant by offering more entry paths and leveraging deeper GMX ecosystem users. My Thought This is the kind of infrastructure move that signals maturity. Accepting @GMX_IO assets as collateral doesn’t grab headlines, but it solidifies @RDNTCapital's role as a composable money market on @Arbitrum. It shows faith in GMX’s token design, and gives users more capital flexibility. When incentives roll out, expect these newer markets to become highly contested. This collateral expansion isn’t just additive, it creates new plumbing for more complex DeFi stacks to build on. Explore now: #Arbitrum #Radiant #GMX #DeFi #CollateralExpansion