GMX Launches Multichain Perp Trading on Base Network

GMX’s multichain launch represents a fundamental shift in how decentralized perpetual trading operates across blockchain ecosystems. Powered by LayerZero, the industry-leading interoperability protocol that has processed 150 million messages and $120 billion in volume, GMX Multichain eliminates the traditional friction of cross-chain trading. The integration allows traders from any EVM-compatible blockchain to access GMX’s 90+ perpetual contracts and 23 high-liquidity swap markets directly, starting with Base’s rapidly growing ecosystem of over 1.3 million users.

The technical implementation through GMX Express functionality enables trade execution in under one second across chains while abstracting away network costs and RPC dependencies. This breakthrough in user experience means traders can connect their wallet, deposit collateral, and begin trading in under 30 seconds without manual bridging or complex setup processes. The unified liquidity pool across all supported chains ensures deep market depth and competitive pricing, building on LayerZero’s battle-tested infrastructure that has become the backbone for major DeFi protocols including EtherFi, Pendle, and Stargate.

GMX’s expansion to Base represents a calculated horizontal growth strategy that dramatically increases the protocol’s total addressable market. As Jone Zee, Communications Coordinator at GMX, explained: “Multichain is GMX’s answer to scaling a successful Perp DEX without compromising on DeFi’s core values. By launching first on Base, we’re opening the door to one of the fastest-growing ecosystems in crypto — meanwhile, setting the stage to unlock many more chains in the months ahead.” This move transforms GMX from being perceived as “the old-school, pioneer Perp DEX on Arbitrum” into a universal trading platform with the motto “Trade Anywhere, Onchain. Seamlessly, Permissionlessly.”

The timing of this expansion builds upon GMX’s impressive four-year track record, having facilitated over $320 billion in trading volume from more than 720,000 users across Arbitrum, Avalanche, Solana, and the Bitcoin-based Botanix blockchain. The Base integration serves as the launching point for a broader multichain strategy that will progressively unlock access from additional major EVM blockchains including Binance Chain, Berachain, Ethereum Mainnet, Sonic, Linea, and ApeChain. This systematic approach positions GMX as the go-to permissionless perpetual trading platform for users across all decentralized blockchain ecosystems.

The immediate market impact of GMX’s multichain launch extends beyond simply adding another blockchain to its supported networks. By enabling seamless cross-chain access to its deep liquidity pools, GMX creates a unified trading experience that transcends individual blockchain boundaries. The forthcoming liquidity provision feature will further enhance this ecosystem, allowing users from Base and other EVM chains to earn yield by providing liquidity directly to GMX’s high-performance GM pools and GLV vaults, creating additional utility for the platform’s native tokens.

Looking ahead, GMX’s roadmap includes progressive integration with multiple popular public EVM blockchains, effectively positioning the protocol as the foundational base layer for multichain DeFi. With over 80 ecosystem integrations already established and composable high-yield liquidity pools, GMX’s expansion strategy aligns with the broader industry trend toward blockchain interoperability. As Jone Zee emphasized, “This is really just the beginning. With Multichain, GMX is building the most accessible decentralized exchange infrastructure for DeFi users everywhere.” The successful implementation on Base serves as both a proof-of-concept and springboard for GMX’s ambition to provide permissionless, high-performance perpetual trading across every major public blockchain.