GMX DAO Completes $320,000 Buyback of 48,280 Tokens in March

2026-03-25 22:16

GMX DAO has successfully completed a buyback of 48,280 GMX tokens, investing approximately $320,000 in March. The decentralized autonomous organization announced that between March 18 and 24, it repurchased 18,500 tokens for around $120,000, with an average price of $6.49 per token. Since the buyback program's inception on March 5, GMX DAO has maintained an average purchase price of $6.63 per token. This strategic move aims to bolster the value of GMX tokens and demonstrate the DAO's commitment to its community and token holders.

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