GMX Addresses V1 Exploit: $44 Million Distributed to GLP Holders

In a significant step toward restoring user confidence, GMX, a decentralized exchange, has finalized a compensation plan for affected Liquidity Provider (GLP) holders on Arbitrum who were impacted by a vulnerability in their V1 protocol. Approximately $44 million worth of GLV tokens have been distributed to these users. 💰 This payout reflects the pre-exploit composition of GLP tokens.