GMX DAO Smashes Buyback Program Milestone as Treasury Nears $2.5M

The GMX DAO has continued its aggressive token buyback campaign, repurchasing over 384,000 GMX tokens for approximately $2.4 million at an average price of $6.25.

This latest tranche saw the acquisition of 12,380 tokens for roughly $85,000, adding to what has become one of the more substantial treasury accumulation strategies in DeFi.

The DAO's buyback program has been ongoing since March 5, 2026, with a total of 313,650 GMX tokens repurchased for around $1.965 million at an average price of $6.27 per token.