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Security Cointelegraph

Decentralized exchange GMX suffers $565K price manipulation ‘exploit’

A founder of a DEX competitor to GMX said on Sept. 2 that an exploit could be pulled off on GMX which could leave GLP holders short. 16 days later, it happened.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Decentralized exchange GMX suffers $565K price manipulation ‘exploit’

A founder of a DEX competitor to GMX said on Sept. 2 that an exploit could be pulled off on GMX which could leave GLP holders short. 16 days later, it happened.

Why this matters

This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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