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GMX V2 Perps Risk, Audits & Admin Control — High Risk | Yielna
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GMX V2 Perps
Overview
TVL
$209.0M
Up 23% over 90 days
Live since
2023
TVL, last 90 days
$215.04M
$192.40M
$169.76M
Jul 2
Aug 13
Sep 28
Risk
How it's measured
Lower risk
Higher risk
High
Full data
What's behind it
Security
Audits
Audited by Certora, Sherlock, Dedaub and 1 others, June 2026
Audit page
Contract status
All contracts verified, immutable
DataStore 0xFD70…92d8
Reader 0xf60b…d139
Admin control
Single key, behind a timelock
Multisig
None — a single key holds control
Timelock
24 hours before changes take effect
Track record
Through market stress
Came through all 2
August 2024 crash — kept 80% of its deposits
October 2025 liquidation cascade — kept 72% of its deposits
Exploit history
9 Jul 2025
— Reentrancy at GMX V1 Perps
$42.0M lost · $40.0M recovered; users were not fully reimbursed
18 Sept 2022
— Stale Price Arbitrage at GMX V1 Perps
$565K lost · No reimbursement recorded
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