Gate News reports that on March 25, GMX DAO announced on the X platform that from March 18 to 24, it repurchased 18,500 GMX tokens for approximately $120,000, at an average price of around $6.49. Since launching the repurchase program on March 5, GMX DAO has cumulatively repurchased 48,280 GMX tokens with a total investment of approximately $320,000, at a comprehensive average price of around $6.63.

GMX Labs approved a leadership structure upgrade proposal through DAO voting on March 22nd, with 96.42% support. The proposal aims to address team expansion and market competition, accelerating the shift toward a traditional leadership model. It plans to publicly recruit a CEO responsible for strategy development and partnerships, with a salary of $150,000 to $200,000, supplemented by performance incentives linked to protocol fees. During the transition period, operations will be maintained by a temporary leadership committee.

GMX announces recruitment of Chief Executive Officer to oversee strategic planning and organizational structure improvement, driving company expansion. Seeking experienced leaders with understanding of decentralized infrastructure, with application deadline of April 3, 2026.

GMX responds to community concerns about the MegaETH launch progress by stating that the mainnet has been gradually launched since February. Currently, on-chain TVL remains limited, and most protocols are still in testing. The team is optimizing liquidity and user experience and has not yet confirmed an official launch date.

GMX responded to community questions about the MegaETH launch progress by stating that since the mainnet went live in February, ecosystem development has been steadily progressing, with most protocols still in testing. The team has deployed smart contracts and is working to ensure liquidity and optimize user experience, but a formal launch date has not yet been determined.

Odaily Planet Daily reports that GMX DAO recently approved a strategic plan to address the limited effects of ongoing buybacks and the pressure on prices caused by excess supply on CEXs. Under the new plan starting this week, staking rewards will be directed to the protocol treasury, and protocol liquidity will be concentrated within GMX's own infrastructure. This move aims to optimize the price discovery mechanism, reduce the impact of excess exchange supply on the market, and strengthen the protocol's intrinsic value support.