Ask about GMX
Logo of GMXGMX(GMX)
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

All Time High$91.07

All Time Low$5.07

View $GMX token page

$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

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.