NewsSignals AI analysis·CoinMarketCal·
GMX: Solana revenue funds GMX buybacks - 28 Oct 2026
Grade Bbullish AI signal$GMX
GMX will begin using remaining Solana-side protocol revenue to buy back GMX tokens on October 28, 2026, with all purchased tokens directed to the staking rewards pool.
The revenue allocation prioritizes GT buybacks before routing the remaining balance into GMX purchases, while a planned 180-day unstaking timelock will apply to staked GMX and esGMX on Arbitrum and Avalanche.
The buyback mechanism could increase demand for GMX and strengthen staking incentives, although the impact will depend on the amount of revenue available after GT buybacks.
Bullish strength: 78/100
- Remaining Solana-side protocol revenue will fund GMX buybacks.
- Purchased GMX tokens will be added to the staking rewards pool.
Bearish strength: 22/100
- GMX buyback funding depends on revenue remaining after GT buybacks.
- The planned 180-day unstaking timelock could reduce staker flexibility.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.