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Treasury Buyback Mechanism

Daily Allocation​

The Treasury determines buyback amounts based on the minimum of the following three values:

  • Deposited GT × Minting Cost
  • 60% of daily Treasury fee income
  • 4% of total Treasury value

This approach ensures balanced and sustainable buyback operations, while preserving sufficient reserves within the Treasury.

Price Determination​

The buyback price is calculated by dividing the allocated USDC by the total deposited GT. If the USDC allocation falls below the minting-cost-based requirement, traders receive a discounted buyback rate. After the buyback is completed, traders can claim their allocated USDC.

GT Distribution​

The bought-back GT is locked and distributed between GMX Labs (30%) and GMX-Solana Labs (70%). These tokens remain locked to ensure controlled release and maintain platform stability.