Total Value Locked$179.41m
TVL by Chain
Arbitrum$167.95m
Avalanche$10.84m
MegaETH$624,588
Botanix$0
Key Metrics
Fees (Annualized)$35.81m
Fees 30d$1.74m
Arbitrum$1.67m
Avalanche$70,812
Fees 7d$342,182
Arbitrum$330,304
Avalanche$11,878
Fees 24h$47,276
Arbitrum$44,319
Avalanche$2,957
Cumulative Fees$462.86m
Arbitrum$380.38m
Avalanche$82.48m
Revenue (Annualized)$13.25m
Revenue 30d$643,303
Arbitrum$617,102
Avalanche$26,201
Revenue 7d$126,608
Arbitrum$122,212
Avalanche$4,396
Revenue 24h$17,492
Arbitrum$16,398
Avalanche$1,094
Cumulative Revenue$150.08m
Arbitrum$124.6m
Avalanche$25.48m
Holders Revenue (Annualized)$9.67m
Holders Revenue 30d$469,437
Arbitrum$450,316
Avalanche$19,121
Holders Revenue 7d$92,389
Arbitrum$89,182
Avalanche$3,207
Holders Revenue 24h$12,764
Arbitrum$11,966
Avalanche$798
Cumulative Holders Revenue$134.05m
Arbitrum$109.62m
Avalanche$24.43m
Incentives 1y$383,265
$17,815
$3,205
$0
$40.12m
Earnings (Annualized)$12.86m
$625,488
$123,403
$17,492
$109.96m
DEX Volume 30d$717,486
DEX Volume 30d by chain
Arbitrum$622,239
Avalanche$94,924
MegaETH$324
Botanix$0
DEX Volume 7d$78,930
Arbitrum$78,510
Avalanche$405
MegaETH$15
DEX Volume 24h$13,806
Arbitrum$13,806
Avalanche$0
MegaETH$0
Cumulative DEX Volume$23.145b
Arbitrum$17.592b
Avalanche$5.366b
Solana$185.46m
Botanix$863,503
MegaETH$6,478
Perp Volume 30d$2.693b
Perp Volume 30d by chain
Arbitrum$2.588b
Avalanche$104.74m
MegaETH$308,325
Botanix$6,733
Perp Volume 7d$558.6m
Arbitrum$542.43m
Avalanche$16.15m
MegaETH$29,514
Perp Volume 24h$77.37m
Arbitrum$73.61m
Avalanche$3.75m
MegaETH$7,915
Cumulative Perp Volume$331.109b
Arbitrum$301.981b
Avalanche$29.096b
MegaETH$26.44m
Botanix$6.04m
$79.27m
Market Cap$71.36m
$GMX Price$6.84
$71.36m
$90.63m
$GMX Volume 24h$4.15m
CEX Volume$3.24m
DEX Volume$1.35m(32.54% of total)
Staked$42.83m(60.02% of mcap)
$GMX Liquidity$13.64m
Uniswap V3$13.44m
Camelot V3$204,754
Treasury$23.53m
$7.04m
Stablecoins$13.02m
Own Tokens$2.12m
Others$1.36m
Protocol Information
GMX is a leading onchain exchange for perpetual and spot trading, offering deep liquidity, low fees, multi-chain support, and seamless one-click trading. Powered by isolated and multi-asset pools, the permissionless DEX enables anybody to provide liquidity and integrates with 80+ DeFi projects across Arbitrum, Avalanche, and Solana.
Category:Derivatives
Yields
Pools Tracked139
Average Supply APY4.37%
User Activity
Active Addresses (24h)1
New Addresses (24h)1
Transactions (24h)4
Gas Used (24h)$0
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
DEX Volume: Volume of all spot token swaps on the DEX
Perp Volume: Notional volume of all trades including leverage on the perp exchange
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Hacks
Date: Sep 18, 2022
Protocol: GMX V1 Perps
Amount: $565,000
Classification: Ecosystem
Technique: Price Oracle Attack
Chains: Arbitrum
Language: Solidity
Target Type: DeFi Protocol
Date: Jul 9, 2025
Protocol: GMX V1 Perps
Amount: $42m
Classification: Protocol Logic
Technique: Re-entrancy Exploit
Chains: Arbitrum
Language: Solidity
Target Type: DeFi Protocol
Returned Funds: $40m
Competitors
Frequently Asked Questions
What is GMX?
GMX is a leading onchain exchange for perpetual and spot trading, offering deep liquidity, low fees, multi-chain support, and seamless one-click trading. Powered by isolated and multi-asset pools, the permissionless DEX enables anybody to provide liquidity and integrates with 80+ DeFi projects across Arbitrum, Avalanche, and Solana.
What is GMX's TVL?
GMX currently has $179.41m in total value locked. TVL has increased 2.2% over the past 30 days.
What chains does GMX operate on?
GMX operates on 5 chains: Avalanche, Arbitrum, MegaETH, Botanix, and Solana. Arbitrum holds the largest share at 93.6%.
How much has GMX generated in fees and revenue?
Over the past 30 days, GMX generated $1.74m in fees. Of that, $643,303 was protocol revenue. Based on the trailing year, the annualized rate is $35.81m in fees and $13.25m in revenue.
What is the GMX token price and valuation?
GMX is currently trading at $6.88. Its circulating market capitalization is $72.1m, ranking it #447. Its fully diluted valuation is $72.1m. Supply currently stands at 10.44m circulating, 10.44m total supply, 13.25m maximum supply.
How has GMX performed recently?
GMX is up 16.2% over the past 7 days and up 25.2% over the past 30 days. Its all-time high is $91.07, reached on April 18, 2023. The token is currently 92.4% below that level.
Which protocols are included in GMX?
GMX is a parent protocol whose tracked products include GMX V2 Perps, GMX V1 Perps, GMX V1 AMM, and GMX V2 AMM.
How much trading volume does GMX process?
GMX processed $717,486 in DEX volume over the past 30 days.
Does GMX have a treasury?
GMX has a tracked treasury currently valued at $23.53m. Its holdings include $13.02m in stablecoins, $7.04m in major assets, $2.12m in its own tokens, $1.36m in other assets.
Has GMX ever been exploited?
GMX has 2 recorded security incidents. The most recent incident occurred on July 9, 2025 and involved $42m. It was classified as Protocol Logic.

