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
$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
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 $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.

