From May 6 to May 12, 2026, the GMX DAO successfully completed another round of acquisitions, adding 10,650 $GMX to its holdings. This recent purchase required an expenditure of ~$75,000, which translates to an average token price of ~$7.04. 🫐

To give you a broader view of the ongoing initiative, we can look at the cumulative progress made between March 5 and May 12. During this period, the project has repurchased a grand total of 179,150 GMX tokens directly from the open market. The overall financial commitment for the entire program currently sits at ~$1,170,000, resulting in a highly effective blended average rate of ~$6.53 per token. 🔵