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GMX: GLPs funds on Arbitrum have been fully recovered, GMX V2 is not affected

By: odaily.com|2025/07/16 12:41:43

Odaily News GMX published a post on the X platform announcing the follow-up progress of the GMX V1 vulnerability attack on Arbitrum of approximately $42 million, stating that after successful negotiations, GLPs funds on Arbitrum have been fully recovered, the funds have been returned, and are currently being kept by the DAO, waiting to be distributed to liquidity providers in the Arbitrum GLP vault. GMX V2 is not affected by this vulnerability, and trading and liquidity provision on GMX V2 continue to proceed normally.

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