Logo of GMX SolanaGMX Solana

Total Value Locked$28.23m

TVL by Chain

Solana$28.23m

Key Metrics

Fees 30d$3.34m
Fees 30d by chain

Solana$3.34m

Fees 7d$713,688

Solana$713,688

Fees 24h$62,921

Solana$62,921

Cumulative Fees$19.46m

Solana$19.46m

Revenue 30d$834,924
Revenue 30d by chain

Solana$834,924

Revenue 7d$178,422

Solana$178,422

Revenue 24h$15,730

Solana$15,730

Cumulative Revenue$5.52m

Solana$5.52m

Perp Volume 30d$23.984b
Perp Volume 30d by chain

Solana$23.984b

Perp Volume 7d$5.527b

Solana$5.527b

Perp Volume 24h$263.57m

Solana$263.57m

Cumulative Perp Volume$161.006b

Solana$161.006b

$102.24m

Protocol Information

GMTrade is a perpetual DEX built on Solana that supports both crypto and RWA markets. The protocol utilizes isolated liquidity pools combined with a cross-pool coordination system that optimizes liquidity utilization. It aims to provide a seamless trading experience with fast execution and low fees while maintaining security and decentralization.

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Category:Derivatives

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Opening/closing fees for perpetual positions, swap fees, liquidation fees, and borrowing feesView code on GitHubRevenue: 25% of all collected feesView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHub

Competitors

Jupiter Perpetual Exchange ($815.01m)Pacifica Perps ($24.85m)BULK ($7.77m)TurboFlow Perps ($6.45m)Bumpin Trade ($4.53m)Parcl V3 ($1.09m)Wasabi Perps ($716,371.41)Lavarage ($705,419.19)Drift Trade ($642,541.42)Adrena Protocol ($327,904.58)

Frequently Asked Questions

What is GMX Solana's TVL?

GMX Solana currently has $28.23m in total value locked. TVL has decreased 10.7% over the past 30 days.

What chains does GMX Solana operate on?

GMX Solana operates on Solana. Solana holds the largest share at 100%.

How much has GMX Solana generated in fees and revenue?

Over the past 30 days, GMX Solana generated $3.34m in fees. Of that, $834,924 was protocol revenue. Based on the trailing year, the annualized rate is $18.09m in fees and $4.56m in revenue.

How does GMX Solana's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, GMX Solana ranks #12 by TVL. The category holds $2.196b across 420 protocols, and GMX Solana accounts for 1.3% of that total. Other leading protocols include Jupiter Perpetual Exchange, Pacifica Perps, BULK, TurboFlow Perps, Bumpin Trade, Parcl V3, Wasabi Perps, Lavarage, Drift Trade, and Adrena Protocol.

How much perpetual futures volume does GMX Solana process?

GMX Solana processed $23.984b in perpetual futures volume over the past 30 days.