Though GMX’s market dominance declines, what’s behind its price pump

GMX’s fees and revenue declined sharply, but price action remained bullish. Active users also went down, and on-chain performance was concerning.  The latest data from Dune revealed that since 10 November, GMX’s volume plummeted from a 90% market dominance to 40%.  1/2 Is the perp market zero sum?♻️ Since Nov 10th, GMX volume has gone […]