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GMX Official: Confirmed to be under attack, approximately $40.00 million in assets stolen

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TechFlow
356Words
Jul 9, 2025

On July 9th, $GMX officially announced today (July 9, 2025) that the GLP pool of $GMX V1 on the Arbitrum platform suffered a vulnerability attack, and approximately $40,000,000 tokens have been transferred to an unknown wallet. To prevent further losses, $GMX has suspended the trading function of $GMX V1 and the minting and redemption operations of GLP on the Arbitrum and Avalanche networks. The official statement emphasized that this vulnerability is limited to $GMX V1 and its GLP pool, and will not affect $GMX V2, its market or liquidity pool, nor will it affect the $GMX token itself. [Deep Tide TechFlow]

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