Ask about GMX
Logo of GMXGMX(GMX)
Total Value Locked$176.09m

TVL by Chain

Arbitrum$164.94m

Avalanche$10.53m

MegaETH$622,088

Botanix$0

Key Metrics

Fees (Annualized)$35.39m
Fees 30d$1.7m

Arbitrum$1.64m

Avalanche$61,630

Fees 7d$384,136

Arbitrum$366,765

Avalanche$17,371

Fees 24h$36,637

Arbitrum$33,505

Avalanche$3,132

Cumulative Fees$463.25m

Arbitrum$380.74m

Avalanche$82.5m

Revenue (Annualized)$13.09m
Revenue 30d$629,514

Arbitrum$606,710

Avalanche$22,804

Revenue 7d$142,128

Arbitrum$135,702

Avalanche$6,426

Revenue 24h$13,556

Arbitrum$12,397

Avalanche$1,159

Cumulative Revenue$150.22m

Arbitrum$124.73m

Avalanche$25.49m

Holders Revenue (Annualized)$9.56m
Holders Revenue 30d$459,376

Arbitrum$442,734

Avalanche$16,642

Holders Revenue 7d$103,718

Arbitrum$99,027

Avalanche$4,691

Holders Revenue 24h$9,892

Arbitrum$9,046

Avalanche$846

Cumulative Holders Revenue$134.15m

Arbitrum$109.72m

Avalanche$24.43m

Incentives 1y$366,409.95

$16,087.26

$231.48

$224.03

$40.12m

Earnings (Annualized)$12.73m

$613,426.74

$141,896.52

$13,331.97

$110.1m

DEX Volume 30d$781,589
DEX Volume 30d by chain

Arbitrum$672,633

Avalanche$108,644.59

MegaETH$311.82

Botanix$0

DEX Volume 7d$89,614

Arbitrum$64,308

Avalanche$25,285.59

MegaETH$20.82

DEX Volume 24h$1,300

Arbitrum$1,299

MegaETH$0.88

Avalanche$0

Cumulative DEX Volume$23.145b

Arbitrum$17.592b

Avalanche$5.366b

Solana$185.46m

Botanix$863,503

MegaETH$6,498.82

Perp Volume 30d$2.63b
Perp Volume 30d by chain

Arbitrum$2.539b

Avalanche$90.52m

MegaETH$271,227

Botanix$6

Perp Volume 7d$550.77m

Arbitrum$524.14m

Avalanche$26.58m

MegaETH$52,376

Perp Volume 24h$47.97m

Arbitrum$42.68m

Avalanche$5.27m

MegaETH$19,240

Cumulative Perp Volume$331.66b

Arbitrum$302.505b

Avalanche$29.122b

MegaETH$26.5m

Botanix$6.04m

$62.83m

Market Cap$63.7m

$GMX Price$6.1

All Time High$91.07

All Time Low$5.07

View $GMX token page

$63.7m

$80.83m

$GMX Volume 24h$3.51m

CEX Volume$2.68m

DEX Volume$1.34m(38.27% of total)

Staked$38.42m(60.32% of mcap)

$GMX Liquidity$13.64m

Uniswap V3$13.44m

Camelot V3$204,754

Treasury$22.88m

$6.74m

Stablecoins$12.89m

Own Tokens$1.89m

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 APY5.71%

User Activity

Active Addresses (24h)2

New Addresses (24h)1

Transactions (24h)4

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 $176.09m in total value locked. TVL has increased 3.7% 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 93.7%.

How much has GMX generated in fees and revenue?

Over the past 30 days, GMX generated $1.7m in fees. Of that, $629,514 was protocol revenue. Based on the trailing year, the annualized rate is $35.39m in fees and $13.09m in revenue.

What is the GMX token price and valuation?

GMX is currently trading at $6.1. Its circulating market capitalization is $63.77m, ranking it #475. Its fully diluted valuation is $63.77m. Supply currently stands at 10.45m circulating, 10.45m total supply, 13.25m maximum supply.

How has GMX performed recently?

GMX is down 14.5% over the past 7 days and up 13.3% over the past 30 days. Its all-time high is $91.07, reached on Apr 18, 2023. The token is currently 93.3% 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 $781,589 in DEX volume over the past 30 days.

Does GMX have a treasury?

GMX has a tracked treasury currently valued at $22.88m. Its holdings include $12.89m in stablecoins, $6.74m in major assets, $1.89m 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.