# \[GMLabs-001\] Establishing a $10M GMX Market Making Fund

**URL:** https://gov.gmx.io/t/gmlabs-001-establishing-a-10m-gmx-market-making-fund/5154
**Category:** Proposals
**Tags:** governance
**Created:** [September 16, 2026, 1:25pm UTC](https://gov.gmx.io/t/gmlabs-001-establishing-a-10m-gmx-market-making-fund/5154 "2026-09-16T13:25:21Z")
**Posts on this page:** 1
**Showing post:** 11

<div class="post-metadata">

### Author: ![Saulius](https://sea2.discourse-cdn.com/flex020/user_avatar/gov.gmx.io/saulius/32/455_2.png) [@Saulius](https://gov.gmx.io/u/Saulius)
#### Post date: [September 22, 2026, 12:04pm UTC](https://gov.gmx.io/t/gmlabs-001-establishing-a-10m-gmx-market-making-fund/5154/11 "2026-09-22T12:04:43Z")

</div>

> [@Jonezee](#):
>
> GMX has been building up a very healthy treasury for years. There’s 30 million in it,

I have been tracking GMX funds “for years” myself and I can guarantee that we don’t have spare $30M for spending. After elimination of all uniswap LP positions, GM/GLV holdings, GMX tokens and other illiquid assets and liabilities, “Cash on hands” is only ~$10-12M.

---

_[View the full topic](https://gov.gmx.io/t/gmlabs-001-establishing-a-10m-gmx-market-making-fund/5154)._