GMX V1 Vulnerability Emergency Warning: The official recommendation is to disable the leverage feature and set the parameters to "1" to prevent GLP minting.

DailyNews

2025-07-09 15:12:13

PANews, July 9 - According to GMX’s official announcement, GMX V1 has encountered a vulnerability attack. The official recommends that all GMX V1 fork projects immediately take two measures: first, disable the leverage function; second, set all maxUsdgAmounts parameters to “1” to prevent GLP minting. It is particularly noted that this parameter must not be set to “0”, otherwise the cap protection will be lost.

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