GMX: All funds of GLP on Arbitrum have been withdrawn
By: theblockbeats.news|2025/07/16 21:12:12
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BlockBeats News, July 16th, GMX officially announced the follow-up of the $42 million exploit of GMX V1 on Arbitrum. After successful negotiations, the funds on Arbitrum have been fully recovered. The funds have been returned, are currently held by the DAO, and await distribution to the liquidity providers in the Arbitrum GLP treasury. GMX V2 is not affected by this exploit, and transactions and liquidity provision on GMX V2 continue as usual.
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