Ask about GMX

Logo of GMXGMX(GMX)

Total Value Locked$247.3m

TVL by Chain

Arbitrum$206.45m

Solana$29.05m

Avalanche$11.24m

MegaETH$562,438

Botanix$0

Key Metrics

Fees 30d$4.7m
Fees 30d by chain

Solana$3.56m

Arbitrum$1.02m

Avalanche$111,729

MegaETH$27.73

Fees 7d$1.61m

Solana$1.41m

Arbitrum$176,145

Avalanche$19,445

MegaETH$8.55

Fees 24h$14,917

Arbitrum$12,520

Avalanche$2,397

MegaETH$0.46

Cumulative Fees$487.77m

Arbitrum$383.83m

Avalanche$82.72m

Solana$21.21m

MegaETH$18,371

Revenue 30d$1.31m
Revenue 30d by chain

Solana$890,357

Arbitrum$379,171

Avalanche$41,335

MegaETH$10.24

Revenue 7d$425,212

Solana$352,843

Arbitrum$65,173

Avalanche$7,193

MegaETH$3.15

Revenue 24h$5,519

Arbitrum$4,632

Avalanche$887

MegaETH$0.17

Cumulative Revenue$157.41m

Arbitrum$125.87m

Avalanche$25.57m

Solana$5.96m

MegaETH$6,796

Holders Revenue 30d$306,863
Holders Revenue 30d by chain

Arbitrum$276,690

Avalanche$30,165

MegaETH$7.46

Solana$0

Holders Revenue 7d$52,811

Arbitrum$47,559

Avalanche$5,249

MegaETH$2.31

Solana$0

Holders Revenue 24h$4,027

Arbitrum$3,380

Avalanche$647

MegaETH$0.12

Cumulative Holders Revenue$135.25m

Arbitrum$110.55m

Avalanche$24.49m

Solana$194,434

MegaETH$4,959

Incentives 1y$243,773

$12,709

$6,742

$0

$40.14m

Earnings (Annualized)$14.68m

$1.3m

$418,470

$5,519

$117.27m

DEX Volume 30d$52.02m
DEX Volume 30d by chain

Arbitrum$47.24m

Avalanche$4.78m

MegaETH$265.93

DEX Volume 7d$6.24m

Arbitrum$6.04m

Avalanche$200,153

MegaETH$5.39

DEX Volume 24h$419,736

Arbitrum$400,443

Avalanche$19,293

MegaETH$0

Cumulative DEX Volume$23.225b

Arbitrum$17.662b

Avalanche$5.377b

Solana$185.46m

Botanix$863,503

MegaETH$120,957

Perp Volume 30d$24.766b
Perp Volume 30d by chain

Solana$23.356b

Arbitrum$1.286b

Avalanche$123.16m

MegaETH$37,381

Perp Volume 7d$8.221b

Solana$7.983b

Arbitrum$213.07m

Avalanche$24.65m

MegaETH$4,657

Perp Volume 24h$321.83m

Solana$300.69m

Arbitrum$18.24m

Avalanche$2.9m

MegaETH$590

Cumulative Perp Volume$507.318b

Arbitrum$307.25b

Solana$170.651b

Avalanche$29.384b

MegaETH$26.79m

Botanix$6.04m

$182.42m

Market Cap$88.27m

$GMX Price$8.43

All Time High$91.07

All Time Low$4.81

View $GMX token page

$88.27m

$111.7m

$GMX Volume 24h$4.42m

CEX Volume$3.12m

DEX Volume$1.67m(37.81% of total)

Staked$51.95m(58.86% of mcap)

Treasury$27.88m

$10.03m

Stablecoins$13.2m

Own Tokens$2.63m

Others$2.03m

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.

Categories:DerivativesDexs
Products:

Yields

Pools Tracked209

Average Supply APY7.27%

User Activity

Active Addresses (24h)2,316

New Addresses (24h)0

Transactions (24h)2,708

Gas Used (24h)7.57 ETH

Gas Cost (24h)$901

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: Market Manipulation

Technique: Stale Price Arbitrage

Chains: Arbitrum

Language: Solidity

Target Type: DeFi Protocol

Date: Jul 9, 2025

Protocol: GMX V1 Perps

Amount: $42m

Classification: Reentrancy

Technique: Reentrancy

Chains: Arbitrum

Language: Solidity

Target Type: DeFi Protocol

Returned Funds: $40m

Frequently Asked Questions

What is GMX's TVL?

GMX currently has $247.3m in total value locked. TVL has increased 3.8% 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 83.5%.

How much has GMX generated in fees and revenue?

Over the past 30 days, GMX generated $4.7m in fees. Of that, $1.31m was protocol revenue. Based on the trailing year, the annualized rate is $46.67m in fees and $14.92m in revenue.

What is the GMX token price and valuation?

GMX is currently trading at $8.40. Its circulating market capitalization is $87.94m, ranking it #447. Its fully diluted valuation is $87.94m. Supply currently stands at 10.47m circulating, 10.47m total supply, 13.25m maximum supply.

How has GMX performed recently?

GMX is up 1.6% over the past 7 days and up 16.8% over the past 30 days. Its all-time high is $91.07, reached on Apr 18, 2023. The token is currently 90.8% below that level.

Which protocols are included in GMX?

GMX is a parent protocol whose tracked products include GMX V2 Perps, GMX Solana, GMX V1 Perps, GMX V1 AMM, and GMX V2 AMM.

How much trading volume does GMX process?

GMX processed $52.02m in DEX volume over the past 30 days.

Does GMX have a treasury?

GMX has a tracked treasury currently valued at $27.88m. Its holdings include $13.2m in stablecoins, $10.03m in major assets, $2.63m in its own tokens, $2.03m 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 Reentrancy.