GMX is Expanding to MegaETH

Bringing battle-tested onchain Perps to the first real-time Ethereum L2

Jan 26, 2026

Key Highlights

GMX will launch on MegaETH, initially offering three blue-chip Perp markets: BTC/USD, ETH/USD, and SOL/USD
Liquidity facilitated by a new stablecoin-only GLV vault backed by USDm; users will be able to earn yield in GMX’s first single-sided stablecoin vault
MegaETH blockchain is uniquely fast and offers native Chainlink Data Streams oracle integration
Full GMX deployment from day one: Perp trading, infrastructure integrations, GLV liquidity provision, leaderboard, and referral system

GMX is set to launch on MegaETH, the first real-time blockchain capable of achieving sub-10-millisecond latency and over 100,000 transactions per second. This deployment will bring GMX’s proven Perp trading infrastructure to an EVM chain purpose-built for high-frequency onchain execution.

MegaETH’s public Mainnet is expected to launch soon, either at the end of January or in the early days of February 2026. GMX aims to go live on Mainnet right after, once final testing is completed.

What MegaETH Enables

Unlike most traditional L2s optimized for throughput, MegaETH prioritizes real-time responsiveness through node specialization and in-memory compute:

Orders execute near-instantly, similar to the speed of a CEX
The 100,000+ TPS capacity makes high-frequency Perp trading strategies viable onchain
The blockchain has demonstrated a block time of ~10 milliseconds, enabling near-instant finality
Chainlink Data Streams, the low-latency oracles that GMX uses to price markets, are integrated directly in the chain’s execution environment

These characteristics make MegaETH highly suited to GMX’s permissionless, onchain Perp trading infrastructure.

GMX x MegaETH: What Traders Get

GMX will launch on MegaETH with a lean, native deployment, featuring three core Perp markets backed by USDm stablecoin liquidity:

Markets:

BTC/USD, ETH/USD, and SOL/USD with up to 100x leverage
Additional markets expected post-launch

Trading Features:

Unmatched onchain execution speed
Aggregated Oracle-based pricing, eliminating front-running risk and reducing liquidation risk
Capped price impact at 0.5% maximum, regardless of order size
TWAP orders for optimal execution of large positions
GMX Express: gas fees paid automatically (network fees on MegaETH are extremely low, paid in ETH).
1-Click Trading for uninterrupted, flow-state execution
GMX Referral System: earn commission by referring traders

The GLV Opportunity: Single-Sided Stablecoin Liquidity

Liquidity for GMX’s perpetual markets on MegaETH will be facilitated by a new GLV vault. At launch, anyone can buy GLV: [USDM/USDM] on MegaETH to provide liquidity. This single-sided vault is backed entirely by USDm, the chain’s native yield-bearing stablecoin.

Note: This marks the first time that GMX is deploying a stablecoin-only liquidity vault, creating new opportunities to earn.

The permissionless GLV vault enables you to earn yield from three separate GMX revenue sources:

Perp trading fees (open/close/borrowing/liquidations)
Passive AMM market-making
Fees on buying and selling GLV

GLV dynamically rebalances liquidity across its underlying markets in response to trader demand. The vault auto-optimizes yield and auto-compounds your earned fees.

Early LPs will benefit from being the first to provide liquidity on a new chain with institutional-grade infrastructure, as well as from any incentives GMX provides for GLV and MegaETH provides for USDM.

What to Expect

GMX on MegaETH is a full deployment. Features available from day one include: perp trading, GLV liquidity, a chain-specific Leaderboard, and the GMX Referral System opportunity. The Staking feature will remain on Arbitrum and Avalanche.

Core infrastructure supporting GMX’s decentralized trading platform—such as RPC servers, Chainlink Oracle price feeds, bridges, relays, and self-custody wallets—will also be available on MegaETH.