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GMX: GLP funds on Arbitrum have been fully recovered, GMX V2 is unaffected

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ForesightNews
276Words
Jul 16, 2025

$GMX posted on the X platform announcing the follow-up progress of the $GMX V1 vulnerability attack on Arbitrum, which resulted in approximately $42.00 million in losses. After successful negotiations, all GLP funds on Arbitrum have been recovered, the funds have been returned, and are currently held by the DAO, awaiting distribution to liquidity providers in the Arbitrum GLP vault. $GMX V2 is not affected by this vulnerability, and trading and liquidity provision on $GMX V2 continue as normal. [Foresight News]

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