GMX Listing Now Live! Loot the GMX Prize Pool Worth $130,000!

To celebrate GMX listing, Bybit has set up a prize pool with $130,000 worth of GMX to reward users who trade and stake GMX.

Event Period

March 8, 2022, 12PM UTC – March 20, 2022, 12PM UTC.

Task #1: Trade GMX for $30,000 GMX Prize Pool

Simply accumulate a total Spot trading volume of at least $1,000 worth of GMX during the event period to grab your share of the prize pool.

The prize pool of $30,000 worth of GMX will be split equally among all eligible participants.

Task #2: Stake GMX, Get Up to 30% APY

Stake at least 2 GMX during the event period to receive up to 30% APY** via our Flexible Staking platform!

You may need to deposit or transfer some GMX in your ByFi account before you’re able to stake GMX.

**Each user can only stake a maximum of 100 GMX.

What is GMX?

GMX is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades.

Trading is supported by a unique multi-asset pool that earns liquidity providers fees from market making, swap fees and leverage trading. Dynamic pricing is supported by Chainlink Oracles along with TWAPs from leading volume DEXs.

GMX is the utility and governance token of GMX, and also accrues 30% of the platform’s generated fees.

Terms and Conditions

• Users must confirm their participation via the “Register Now” button to be eligible for any rewards.
• Users eligible for rewards will be notified within one (1) month from the event’s end date via email. Rewards from Task #1, if any, will be directly credited to their Spot accounts, while rewards from Task #2 will be credited to their ByFi accounts.
• All participating users must strictly abide by the Bybit Terms of Service. Bybit reserves the right to disqualify any participants who engage in dishonest or abusive activities during the event, including bulk-account registrations to farm additional bonuses and any other activities in connection with unlawful, fraudulent, or harmful purposes.
• Bybit reserves the right to modify the terms of this event without notifying users in advance. Bybit reserves the right of final interpretation of this event. If you have any questions, please contact our customer service.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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