GMX’s TVL surges despite low volumes. Revenue collected increases, however, daily active users decline. Recently, GMX outperformed its competitor dydx in terms of TVL. GMX’s TVL was four times that of dydx according to the data provided by Artemis. However, the trading volume on the GMX protocol was particularly low. .$dYdX has 4x more trading […]GMX’s TVL surges despite low volumes. Revenue collected increases, however, daily active users decline. Recently, GMX outperformed its competitor dydx in terms of TVL. GMX’s TVL was four times that of dydx according to the data provided by Artemis. However, the trading volume on the GMX protocol was particularly low. .$dYdX has 4x more trading […]
