what's GMX Labs?

GMX Labs is a dedicated service provider entity established by the GMX DAO in October 2022. It handles core responsibilities such as smart contract development, UI/UX design, security operations, infrastructure maintenance, and contributor management for the GMX protocol—a decentralized exchange enabling leveraged perpetual and spot trading of major cryptocurrencies like BTC, ETH, and SOL on chains including Arbitrum and Avalanche. The Labs secures and holds intellectual property, administers delegated DAO tasks, and coordinates with top-tier partners like Chainlink, Chaos Labs, and Alchemy. Operating under full DAO governance oversight with termination rights and periodic reviews, GMX Labs maintains lean, efficient operations aligned with protocol revenue. It has scaled from a small team to supporting 30+ contributors, driving transitions like GMX V2 while contributing net value back to the DAO treasury. Funding is approved via governance proposals, ensuring accountability and alignment with long-term protocol sustainability.