defirisk.co
rubric v1.7.0

Market-listing governance threshold

GMX v2 (GMX Synthetics)'s assessment for RD-F-072 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

GMX v2 operates a Listing Committee with delegated DAO authority for new market listings. For Season 4 (May 1 to October 31, 2026) the committee consists of three elected members: Snipermonke, Simon, and Immie. The committee evaluates new asset listing requests against criteria including on-chain liquidity depth, historical volatility, Chainlink Data Streams oracle availability, and Chaos Labs risk modeling. Committee members are DAO-elected via Snapshot vote and operate under a DAO governance mandate. New listings are not permissionless (anyone-can-list). However, listings also do not require a full DAO on-chain vote per individual listing — the committee has delegated authority. Per rubric: yellow = committee-level delegated threshold (between permissionless red and full DAO vote per listing green). Risk mitigation relies on committee accountability to DAO, not cryptographic access controls per listing.

Sources #

Methodology #

Classify the governance threshold required to list a new market as: permissionless / low-threshold (team multisig) / high-threshold (DAO vote) / no new listings.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol gmx-v2 factor RD-F-072 score yellow collected_at 2026-05-05 11:15:06