Ask about GMX
Logo of GMXGMX(GMX)
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

All Time High$91.07

All Time Low$4.81

View $GMX token page

$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

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.