Total Value Locked$206.29m
TVL by Chain
Arbitrum$197.17m
Avalanche$8.51m
MegaETH$610,318.73
Botanix$0
Key Metrics
Fees 30d$1.9m
Fees 30d by chain
Arbitrum$1.8m
Avalanche$96,344
Fees 7d$397,191
Arbitrum$366,205
Avalanche$30,986
Fees 24h$37,215
Arbitrum$34,801
Avalanche$2,414
Cumulative Fees$162.87m
Arbitrum$152.22m
Avalanche$10.64m
Revenue 30d$701,335
Revenue 30d by chain
Arbitrum$665,689
Avalanche$35,646
Revenue 7d$146,959
Arbitrum$135,495
Avalanche$11,464
Revenue 24h$13,769
Arbitrum$12,876
Avalanche$893
Cumulative Revenue$60.26m
Arbitrum$56.32m
Avalanche$3.94m
Holders Revenue 30d$511,790
Holders Revenue 30d by chain
Arbitrum$485,775
Avalanche$26,015
Holders Revenue 7d$107,242
Arbitrum$98,875
Avalanche$8,367
Holders Revenue 24h$10,048
Arbitrum$9,396
Avalanche$652
Cumulative Holders Revenue$43.97m
Arbitrum$41.1m
Avalanche$2.87m
Perp Volume 30d$2.654b
Perp Volume 30d by chain
Arbitrum$2.55b
Avalanche$104.28m
MegaETH$233,891
Perp Volume 7d$605.66m
Arbitrum$569.63m
Avalanche$36.03m
MegaETH$229
Perp Volume 24h$53.37m
Arbitrum$50.9m
Avalanche$2.47m
MegaETH$76
Cumulative Perp Volume$189.051b
Arbitrum$181.722b
Avalanche$7.297b
MegaETH$26.76m
Botanix$6.03m
$63.58m
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 opening/closing perpetual positions, swap fees, liquidation fees, and borrowing feesView code on GitHubRevenue: 37% of all collected fees - split between protocol treasury (10%) and GMX token holders (27%)View code on GitHubHolders Revenue: 27% of all fees goes to GMX token stakersView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubYields
Pools Tracked135
Average Supply APY9.53%
Competitors
Frequently Asked Questions
What is GMX V2 Perps' TVL?
GMX V2 Perps currently has $206.29m in total value locked. TVL has increased 17.7% over the past 30 days.
What chains does GMX V2 Perps operate on?
GMX V2 Perps operates on 4 chains: Botanix, Avalanche, Arbitrum, and MegaETH. Arbitrum holds the largest share at 95.6%.
How much has GMX V2 Perps generated in fees and revenue?
Over the past 30 days, GMX V2 Perps generated $1.9m in fees. Of that, $701,335 was protocol revenue. Based on the trailing year, the annualized rate is $30.12m in fees and $11.14m in revenue.
How does GMX V2 Perps' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, GMX V2 Perps ranks #2 by TVL. The category holds $2.069b across 420 protocols, and GMX V2 Perps accounts for 10% of that total. Other leading protocols include Gains Network, MUX Perps, Contango V2, GMX V1 Perps, ApeX Pro, Jarvis Network, Voltz, Aboard Exchange, Vertex Perps, and RubyDex.
How much perpetual futures volume does GMX V2 Perps process?
GMX V2 Perps processed $2.654b in perpetual futures volume over the past 30 days.
