Data-Driven Governance: How We Can Empower GMX with Custom Analytics

Summary

Our team at PYOR developed a comprehensive governance dashboard for the AAVE ecosystem on Dune, and we’d love to create something similar for GMX.

What We Built for AAVE

Our dashboard provides real-time tracking of critical governance metrics with visualizations like:


Category Analysis: Breaking down proposals by type to reveal governance focus areas and priorities.


Proposal Success & Participation Tracking: Monitoring success rates and participation trends over time to identify engagement patterns.


Delegation Insights: Tracking delegation percentages across proposals to understand voting power distribution evolution.

How This Could Help GMX

Similar visualizations could provide GMX with:

  • Clear visibility into governance focus areas specific to GMX operations
  • Insights into GMX participation trends and voting engagement cycles
  • Understanding of delegation patterns within the GMX community
  • Data-driven foundation for governance improvement strategies tailored to GMX’s ecosystem

What We Can Build For GMX

We could develop:

  • GMX-Specific Governance Analytics: Track proposal categories, voting patterns, and delegate influence
  • Protocol Metrics: Monitor key trading volumes, fee generation, and perpetual market metrics
  • Community Engagement Tracking: Measure participation growth and governance health over time
  • Custom Visualizations: Designed specifically for GMX’s requirements

Our Other Work

We’ve created similar dashboards for other protocols tracking various metrics and agendas. Check out our dune profile for more examples of our work.

Looking for Feedback & Requests

Our team can create custom dashboards (both frontend and on Dune/Flipside) based on community requirements - whether that’s deeper analytics on specific governance aspects, TVL tracking, or other protocol metrics.

We’d love to hear your thoughts on this dashboard or any other dashboard that the community would find value in.

1 Like

Elaborate protocol metrics are already transparently tracked on various Dashboards, including the pre-eminent: https://dune.com/gmx-io/gmx-analytics

I’m honestly not sure whether there’s enough interest in real-time tracking of all the Governance minutiae to warrant similar investment. It’s inevitably a smaller circle of token holders that care deeply about the governance processes.

Agree with Jonezee. Our Dune board is good enough.