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DeFi Trader Nets Over $500K by Using DEX GMX to Manipulate Avalanche Token

GMX developers capped open interest for Avalanche tokens to prevent a repeat of the strategy.

Por Shaurya Malwa
Atualizado 11 de mai. de 2023, 6:41 p.m. Publicado 19 de set. de 2022, 9:39 a.m. Traduzido por IA
A savvy decentralized exchange (DEX) trader deployed millions of dollars to manipulate the prices of Avalanche’s AVAX tokens on the GMX DEX. (Jose Miguel/Pixabay)
A savvy decentralized exchange (DEX) trader deployed millions of dollars to manipulate the prices of Avalanche’s AVAX tokens on the GMX DEX. (Jose Miguel/Pixabay)