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GMX’s USDG Supply Rises From About $1.5 Million to Nearly $17 Million

USDG launched on Arbitrum One on Oct. 6, with access to GMX’s GLV USDG vault among the initial integrations.

Mentioned assets
Unmarked metal tokens sit within an open steel vault / TokenPost.ai
Unmarked metal tokens sit within an open steel vault / TokenPost.ai

GMX’s USDG supply rose from about $1.5 million in early October to nearly $17 million over roughly a month.

Paxos launched USDG on Arbitrum One on Oct. 6, with GMX among the initial DeFi integrations. The rollout included access to a GLV USDG vault.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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