Total Value Locked$179.52m
TVL by Chain
Arbitrum$167.92m
Avalanche$10.97m
MegaETH$621,479
Botanix$0
Key Metrics
Fees (Annualized)$35.82m
Fees 30d$1.61m
Arbitrum$1.55m
Avalanche$66,961
Fees 7d$303,823
Arbitrum$293,665
Avalanche$10,158
Fees 24h$69,857
Arbitrum$68,688
Avalanche$1,169
Cumulative Fees$462.93m
Arbitrum$380.45m
Avalanche$82.49m
Revenue (Annualized)$13.25m
Revenue 30d$597,404
Arbitrum$572,628
Avalanche$24,776
Revenue 7d$112,414
Arbitrum$108,655
Avalanche$3,759
Revenue 24h$25,846
Arbitrum$25,414
Avalanche$432
Cumulative Revenue$150.1m
Arbitrum$124.62m
Avalanche$25.48m
Holders Revenue (Annualized)$9.67m
Holders Revenue 30d$435,944
Arbitrum$417,863
Avalanche$18,081
Holders Revenue 7d$82,033
Arbitrum$79,290
Avalanche$2,743
Holders Revenue 24h$18,862
Arbitrum$18,546
Avalanche$316
Cumulative Holders Revenue$134.07m
Arbitrum$109.64m
Avalanche$24.43m
Incentives 1y$379,645.64
$15,866.85
$1,414.64
$0
$40.12m
Earnings (Annualized)$12.87m
$581,537.15
$110,999.36
$25,846
$109.98m
DEX Volume 30d$713,831
DEX Volume 30d by chain
Arbitrum$618,654
Avalanche$94,854
MegaETH$324
Botanix$0
DEX Volume 7d$80,542
Arbitrum$80,269
Avalanche$258
MegaETH$15
DEX Volume 24h$3,776
Arbitrum$3,768
Avalanche$8
MegaETH$0
Cumulative DEX Volume$23.145b
Arbitrum$17.592b
Avalanche$5.366b
Solana$185.46m
Botanix$863,503
MegaETH$6,478
Perp Volume 30d$2.537b
Perp Volume 30d by chain
Arbitrum$2.433b
Avalanche$103.71m
MegaETH$295,235
Botanix$6
Perp Volume 7d$518.7m
Arbitrum$502.04m
Avalanche$16.62m
MegaETH$34,883
Perp Volume 24h$21.35m
Arbitrum$18.29m
Avalanche$3.06m
MegaETH$782
Cumulative Perp Volume$331.237b
Arbitrum$302.104b
Avalanche$29.1b
MegaETH$26.45m
Botanix$6.04m
$70.87m
Market Cap$69.96m
$GMX Price$6.69
$69.96m
$88.64m
$GMX Volume 24h$3.65m
CEX Volume$2.19m
DEX Volume$1.54m(42.18% of total)
Staked$42.23m(60.36% of mcap)
$GMX Liquidity$13.64m
Uniswap V3$13.44m
Camelot V3$204,754
Treasury$23.19m
$6.65m
Stablecoins$13.08m
Own Tokens$2.1m
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 Tracked138
Average Supply APY5.14%
User Activity
Active Addresses (24h)1
New Addresses (24h)0
Transactions (24h)1
Gas Used (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 $179.52m in total value locked. TVL has increased 3.4% 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 93.5%.
How much has GMX generated in fees and revenue?
Over the past 30 days, GMX generated $1.61m in fees. Of that, $597,404 was protocol revenue. Based on the trailing year, the annualized rate is $35.82m in fees and $13.25m in revenue.
What is the GMX token price and valuation?
GMX is currently trading at $6.69. Its circulating market capitalization is $69.96m, ranking it #452. Its fully diluted valuation is $69.96m. Supply currently stands at 10.45m circulating, 10.45m total supply, 13.25m maximum supply.
How has GMX performed recently?
GMX is up 5.2% over the past 7 days and up 26.5% over the past 30 days. Its all-time high is $91.07, reached on Apr 18, 2023. The token is currently 92.7% 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 $713,831 in DEX volume over the past 30 days.
Does GMX have a treasury?
GMX has a tracked treasury currently valued at $23.19m. Its holdings include $13.08m in stablecoins, $6.65m in major assets, $2.1m 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.

