The $42 million hack targeting the GMX protocol was limited to GMX V1 and its GLP liquidity pool, and did not extend to GMX token or to GMX V2, according to the GMX team.

Quotes that support claims

The exploit does not affect GMX V2, its markets, or liquidity pools, nor the GMX token itself. Based on the available information, the vulnerability is limited to GMX V1 and its GLP pool,” the team said.

The exploit only affects GMX V1 and the GLP pool, the team adds. It did not extend to the platform's native token GMX nor to GMX V2, its markets, or its liquidity pools.