# The GMX Flywheel – Reigniting Growth, Volume, and Price Momentum **URL:** \ **Category:** Proposals\ **Tags:** governance\ **Created:** [October 24, 2025, 9:29pm UTC](https://gov.gmx.io/t/the-gmx-flywheel-reigniting-growth-volume-and-price-momentum/4902 "2025-10-24T21:29:51Z")\ **Posts on this page:** 1\ **Showing post:** 19
**Author:** ![Seraph](https://sea2.discourse-cdn.com/flex020/user_avatar/gov.gmx.io/seraph/32/533_2.png) [@Seraph](https://gov.gmx.io/u/Seraph)\ **Post date:** [October 29, 2025, 5:16am UTC](https://gov.gmx.io/t/the-gmx-flywheel-reigniting-growth-volume-and-price-momentum/4902/19 "2025-10-29T05:16:12Z")
Hi NXS, First of all, thank you for this. I’d like to take this opportunity to use this thread as the _mother of all proposal threads_, since there are currently five or more active proposals of various kinds in the forum. I’ll also be commenting on each of those proposals to redirect readers here — as this one is the latest and, in my view, the most comprehensive. * * * ### A Quick Reflection I’d like to highlight what I see as a small “weakness” among GMX contributors: a lot of great work happens behind the scenes, but it’s not communicated quickly enough to the community. This usually comes from our cautious approach — we prefer to underpromise and overdeliver. However, I call it a weakness because I believe the community _deserves more uplifting updates_ from us, and we should be more proactive in sharing progress. * * * ### Work That Has Been Done (But Not Widely Shared) Before diving into the main proposal, I want to first acknowledge some work that’s already underway but hasn’t been publicly detailed enough. * * * **a) Marketing Efforts** We’ve launched **two marketing initiatives** : - One agency began a little over a week ago, focusing on attracting audiences from DEXs and wallets. After fine-tuning based on their feedback, it’ll take about **1–2 months** for the algorithm to reach optimal performance. - The other agency represents a **larger-scale marketing campaign** , which is now in its final stages. Most of these efforts might be **invisible to GMX stakers** (especially if you’re not actively trading), but they’re happening quietly in the background. ^.^ * * * **b) Expanding the Contributor Team** We’ve onboarded several **new contributors** over the past week, continuing our steady expansion over the last 24 months. This might sound like boring “behind-the-scenes” stuff, but the new talents have already brought **fresh ideas** that are keeping our devs busy again. * * * **c) Trading Competition: StimPak Duels** A new trading competition has kicked off — **StimPak Duels** — with a small but creative concept. If it proves successful, expect **more events** to follow soon. * * * **d) Referral Redesign** The **referral system** is being redesigned with a renewed spirit and vision (this probably deserves its own [dedicated discussion thread](https://gov.gmx.io/t/referral-code-system-redesign-guilds-and-parameter-changes/4830/7)). Thanks to **Rob** for pushing this forward — it’s on track! * * * **e) Multichain Expansion** Multichain efforts have begun — which is also why some marketing activities were held back until recently. The **new EARN page** now includes more detailed information, and **bridging of $GMX to Solana** is live, along with other technical upgrades. If you haven’t already, I encourage everyone to follow our updates: - [GMX\_IO on Twitter](https://x.com/GMX_IO) - [GMXCNofficial on Twitter](https://x.com/GMXCNofficial) (Sorry Elon Musk, but I’ll never stop calling it Twitter!) * * * **f) Meetings with LPs, Whales, and Funds** There have also been **ongoing discussions** with large LPs and institutional participants — meetings we obviously can’t disclose in detail. GMX has continually proven that our **pricing accuracy** is strong — even outperforming some major CEXs (for example, our **Oct 11th** liquidation wicks were significantly better). Still, big LPs and funds are always cautious, and it takes continuous effort to maintain their confidence and bring in **fresh liquidity** so our traders can thrive. * * * **g) Upcoming Features for Traders** To wrap up this section, here are some **exciting updates** currently in progress for traders: - **JIT (Just-In-Time) execution** - **Net OI (Open Interest) metrics** - **Market groupings** - **Cross-margin functionality** These features are under development and will be rolled out over the **next few weeks and months.** * * * _(Continued in my next comment on the main proposal.)_ --- _[View the full topic](https://gov.gmx.io/t/the-gmx-flywheel-reigniting-growth-volume-and-price-momentum/4902)._