GMTrade Confirms Points Program for Future Token Launch
GMTrade, a decentralized perpetual exchange (Perp DEX) on the Solana network, has confirmed a points-based system that will qualify users for its future Token Generation Event (TGE). Participants earn GT Points, described by the platform as “credentials for participation” in its upcoming token launch. The platform, which rebranded from GMXSOL in November 2025, allows for permissionless trading of crypto, forex, and commodities with up to 500x leverage.
The system is designed to reward early adopters. At the initial rate, users generate 100 GT Points for every $1 paid in platform fees. However, this minting cost increases by 2.1% with each 210,000 GT cycle, following a scarcity model inspired by Bitcoin. With approximately 145,000 GT remaining in the current cycle, minting costs are still near their floor, providing a window for early participants to accumulate points at a lower effective rate.
Trading and Referrals Drive GT Point Accumulation
Users have three primary pathways to earn GT Points: trading, providing liquidity, and referrals. Opening perpetual or spot positions generates fees, which convert directly into points. Alternatively, depositing assets into the platform's liquidity pools allows users to earn points in addition to a share of trading revenue. This dual-earning mechanism lets participants split capital across activities to maximize their accumulation.
A key growth driver is the platform's referral system. Users can create a custom code to earn a percentage of GT Points from the trading volume of referees. New users who join via a referral link receive a permanent 10% discount on their trading fees, lowering their cost to farm points and creating a clear incentive for network growth.
TGE Date Remains Unannounced, Incentivizing Early Action
While the GT Points program is fully operational, GMTrade has not yet announced a date for the TGE. This lack of a fixed timeline creates a strategic opportunity for users to accumulate a significant share of points before the program becomes more widely known and the minting cost rises. As each 210,000 GT cycle completes, the cost to earn points will increase, making early activity more capital-efficient. Users can monitor their point balance and the program's current status on the GT Points dashboard.
