GMX Multichain is now live, unlocking permissionless high-liquidity Perps for all traders on Base and more, with LayerZero

Trade Anywhere, Onchain. Seamlessly, Permissionlessly.

Sep 29, 2025

We’re thrilled to introduce GMX Multichain, a crucial expansion of the GMX protocol powered by LayerZero, which enables users from other EVM blockchains to access the existing deployments seamlessly. Trading perps and spot on GMX is now available to the roughly 1.3 million users of Base, Coinbase’s Ethereum Layer-2 blockchain. Additional chains will rapidly be unlocked thereafter, and users will soon be able to earn by providing liquidity cross-chain as well.

What GMX Multichain enables

Multichain enables users from other EVM blockchains to trade and provide liquidity on the existing GMX deployments, securely and frictionlessly.

It is GMX’s answer to a crucial question: how does an established Perp DEX optimally scale across chains, without fracturing liquidity or negatively affecting its existing deployments (on Arbitrum, Avalanche, Solana, and Botanix) that are used by thousands every day?

Multichain going live is an important milestone and a crucial component of GMX’s 2025 Development Plan, shared at the start of the year. GMX can now securely extend to dozens of new DeFi ecosystems with new sources of TVL, driving user and volume growth through chain expansion.

This broad, horizontal expansion is made possible in collaboration with LayerZero, which provides the battle-tested infrastructure for connecting liquidity, markets, and users across 142+ chains. LayerZero was selected by the GMX DAO as the partner to help realise the Multichain vision of fast, permissionless, zero-slippage cross-chain trading.

Up to now, GMX’s permissionless onchain exchange has already facilitated over $320 billion in lifetime trading volume from over 720,000 users across four chains: Arbitrum, Avalanche, Botanix, and Solana. With all other popular EVM blockchains being successively unlocked in the coming months, these totals are set to rise.

Ultimately, Multichain positions GMX as the go-to Perp DEX for users on every public blockchain: Trade Anywhere, Onchain. Seamlessly, Permissionlessly.

First: Base

The first station on GMX’s multichain journey is Base, Coinbase’s popular Ethereum Layer-2 network. With today’s launch, Base users can now permissionlessly:

Trade 90+ perps on GMX with the same low fees, deep liquidity, and efficient onchain execution they’ve come to expect.
Swap 23 different crypto assets, benefiting from the millions in liquidity available on GMX’s swap markets.

Start trading on GMX from Base: app.gmx.io

Very soon, Base users will also be able to:

Provide Liquidity directly from Base, allowing you to earn yield from 3 different revenue sources in GMX’s high-performance GM liquidity pools and GLV vaults, without any need to bridge assets manually.

By unlocking Base, GMX expands its reach into a rapidly growing onchain ecosystem while offering its users a frictionless DeFi experience from day one.

A Seamless Multichain Experience

GMX Multichain is designed to feel frictionless:

No need for users to manage multiple interfaces or manually bridge assets.
Liquidity and execution are unified through LayerZero interoperability
It’s the same trusted GMX protocol, just now accessible from more ecosystems.
Onboarding is straightforward, and trade execution is high-speed:
- Connect your wallet
- Deposit some ETH or USDC for gas and collateral
- Trade!

The entire setup process takes less than 30 seconds:

Launch GMX Multichain

What’s Next

Base is just the first step. The multichain infrastructure developed with LayerZero enables GMX to continue rapidly scaling horizontally, while maintaining the security that has defined the protocol.

Every few weeks, an additional L1 EVM chain or popular L2 roll-up is expected to be unlocked. Stay tuned for GMX on Binance Chain, Ethereum Mainnet, Berachain, Sonic, Linea, Plasma, and many more.

More chains. More users. More crypto.

About LayerZero:

LayerZero takes DeFi everywhere. It connects 140+ blockchains and has already processed 150 million messages. Leading DeFi apps like GMX, EtherFi ($6B staked ETH), Pendle ($5B yield trading), and Stargate ($70B+ transferred) all run on LayerZero. Immutable endpoints and configurable verification let builders own security decisions while instantly reaching users on every chain.

About GMX:

GMX is the go-to non-custodial exchange for trading Perps and Spot on-chain. The permissionless multichain DEX enables users to trade 90+ top cryptocurrencies with up to 100x leverage, directly from their own wallet. Traders on GMX benefit from deep liquidity, 1-click trading, reduced liquidation risk, support for multiple collateral types, a full suite of trading alerts, and next-gen execution speed.

Trading is supported by isolated and multi-asset pools, enabling anybody to provide liquidity and earn fees from swaps, leverage trading, and market making. With its composable liquidity pools and more than 80 ecosystem integrations, GMX serves as a foundational base layer for multichain DeFi.