Total Value Locked$184.2m
TVL by Chain
Arbitrum$173.02m
Avalanche$10.55m
MegaETH$620,554
Botanix$0
Key Metrics
Fees (Annualized)$32.5m
Fees 30d$1.35m
Arbitrum$1.29m
Avalanche$56,741
Fees 7d$214,313
Arbitrum$203,908
Avalanche$10,405
Fees 24h$55,607
Arbitrum$54,534
Avalanche$1,073
Cumulative Fees$463.73m
Arbitrum$381.21m
Avalanche$82.52m
Revenue (Annualized)$12.02m
Revenue 30d$497,772
Arbitrum$476,779
Avalanche$20,993
Revenue 7d$79,294
Arbitrum$75,445
Avalanche$3,849
Revenue 24h$20,574
Arbitrum$20,177
Avalanche$397
Cumulative Revenue$150.4m
Arbitrum$124.9m
Avalanche$25.5m
Holders Revenue (Annualized)$8.77m
Holders Revenue 30d$363,241
Arbitrum$347,921
Avalanche$15,320
Holders Revenue 7d$57,864
Arbitrum$55,055
Avalanche$2,809
Holders Revenue 24h$15,014
Arbitrum$14,724
Avalanche$290
Cumulative Holders Revenue$134.29m
Arbitrum$109.84m
Avalanche$24.44m
Incentives 1y$344,644.21
$9,502.13
$572.67
$0
$40.12m
Earnings (Annualized)$11.68m
$488,269.87
$78,721.33
$20,574
$110.28m
DEX Volume 30d$311,550
DEX Volume 30d by chain
Arbitrum$185,694
Avalanche$125,776.75
MegaETH$79.22
DEX Volume 7d$21,178
Arbitrum$19,232
Avalanche$1,932.16
MegaETH$12.76
DEX Volume 24h$6,837
Arbitrum$6,830
MegaETH$4.72
Avalanche$2.22
Cumulative DEX Volume$23.145b
Arbitrum$17.592b
Avalanche$5.367b
Solana$185.46m
Botanix$863,503
MegaETH$6,534.22
Perp Volume 30d$2.02b
Perp Volume 30d by chain
Arbitrum$1.94b
Avalanche$80.35m
MegaETH$178,505
Perp Volume 7d$294.61m
Arbitrum$281.79m
Avalanche$12.77m
MegaETH$56,774
Perp Volume 24h$75.95m
Arbitrum$74.59m
Avalanche$1.36m
MegaETH$2,779
Cumulative Perp Volume$332.369b
Arbitrum$303.185b
Avalanche$29.152b
MegaETH$26.58m
Botanix$6.04m
$55.53m
Market Cap$68.59m
$GMX Price$6.56
$68.59m
$86.92m
$GMX Volume 24h$2.4m
CEX Volume$1.43m
DEX Volume$980,950.65(40.91% of total)
Staked$41.21m(60.08% of mcap)
$GMX Liquidity$13.64m
Uniswap V3$13.44m
Camelot V3$204,754
Treasury$22.88m
$6.75m
Stablecoins$12.73m
Own Tokens$2.03m
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 Tracked136
Average Supply APY4.47%
User Activity
Active Addresses (24h)0
New Addresses (24h)0
Transactions (24h)0
Gas Used (24h)0 ETH
Gas Cost (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 $184.2m in total value locked. TVL has increased 4.6% 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 93.9%.
How much has GMX generated in fees and revenue?
Over the past 30 days, GMX generated $1.35m in fees. Of that, $497,772 was protocol revenue. Based on the trailing year, the annualized rate is $32.5m in fees and $12.02m in revenue.
What is the GMX token price and valuation?
GMX is currently trading at $6.56. Its circulating market capitalization is $68.59m, ranking it #461. Its fully diluted valuation is $68.59m. Supply currently stands at 10.45m circulating, 10.45m total supply, 13.25m maximum supply.
How has GMX performed recently?
GMX is up 3.6% over the past 7 days and up 14.6% over the past 30 days. Its all-time high is $91.07, reached on Apr 18, 2023. The token is currently 92.8% 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 $311,550 in DEX volume over the past 30 days.
Does GMX have a treasury?
GMX has a tracked treasury currently valued at $22.88m. Its holdings include $12.73m in stablecoins, $6.75m in major assets, $2.03m 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 Jul 9, 2025 and involved $42m. It was classified as Protocol Logic.

