Key Metrics
Fees (Annualized)$2.43m
Cumulative Fees$302.59m
Arbitrum$230.62m
Avalanche$71.97m
Revenue (Annualized)$730,604
Cumulative Revenue$90.78m
Arbitrum$69.19m
Avalanche$21.59m
Holders Revenue (Annualized)$729,329
Cumulative Holders Revenue$90.78m
Arbitrum$69.18m
Avalanche$21.59m
Cumulative Perp Volume$146.143b
Cumulative Perp Volume by chain
Arbitrum$124.18b
Avalanche$21.963b
Staked$37.94m
Protocol Information
GMX is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades. Trading is supported by a unique multi-asset pool that earns liquidity providers fees from market making, swap fees, leverage trading (spreads, funding fees & liquidations) and asset rebalancing.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fees from open/close position (0.1%), swap (0.2% to 0.8%), mint and burn (based on tokens balance in the pool) and borrow fee ((assets borrowed)/(total assets in pool)*0.01%)View code on GitHubRevenue: Revenue is 30% of all collected fees, which goes to GMX stakersView code on GitHubHolders Revenue: 30% of all collected fees goes to GMX stakersView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubHacks
Date: Sep 18, 2022
Amount: $565,000
Classification: Ecosystem
Technique: Price Oracle Attack
Chains: Arbitrum
Language: Solidity
Target Type: DeFi Protocol
Date: Jul 9, 2025
Amount: $42m
Classification: Protocol Logic
Technique: Re-entrancy Exploit
Chains: Arbitrum
Language: Solidity
Target Type: DeFi Protocol
Returned Funds: $40m
