Ask about GMX
Logo of GMXGMX(GMX)
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

All Time High$91.07

All Time Low$5.07

View $GMX token page

$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

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.