Ask about GMX
Logo of GMXGMX(GMX)
Total Value Locked$183.44m

TVL by Chain

Arbitrum$172.33m

Avalanche$10.5m

MegaETH$616,553

Botanix$0

Key Metrics

Fees (Annualized)$32.72m
Fees 30d$1.34m

Arbitrum$1.28m

Avalanche$56,997

Fees 7d$202,562

Arbitrum$191,588

Avalanche$10,974

Fees 24h$37,508

Arbitrum$35,405

Avalanche$2,103

Cumulative Fees$463.68m

Arbitrum$381.15m

Avalanche$82.52m

Revenue (Annualized)$12.11m
Revenue 30d$495,104

Arbitrum$474,016

Avalanche$21,088

Revenue 7d$74,946

Arbitrum$70,887

Avalanche$4,059

Revenue 24h$13,878

Arbitrum$13,100

Avalanche$778

Cumulative Revenue$150.38m

Arbitrum$124.88m

Avalanche$25.5m

Holders Revenue (Annualized)$8.84m
Holders Revenue 30d$361,294

Arbitrum$345,905

Avalanche$15,389

Holders Revenue 7d$54,691

Arbitrum$51,729

Avalanche$2,962

Holders Revenue 24h$10,127

Arbitrum$9,559

Avalanche$568

Cumulative Holders Revenue$134.27m

Arbitrum$109.83m

Avalanche$24.44m

Incentives 1y$348,494.86

$9,208.07

$300.32

$0

$40.12m

Earnings (Annualized)$11.76m

$485,895.93

$74,645.68

$13,878

$110.26m

DEX Volume 30d$305,620
DEX Volume 30d by chain

Arbitrum$179,673

Avalanche$125,870.53

MegaETH$76.5

DEX Volume 7d$61,353

Avalanche$47,802.94

Arbitrum$13,530

MegaETH$19.04

DEX Volume 24h$866

Arbitrum$862

MegaETH$3.95

Avalanche$0

Cumulative DEX Volume$23.145b

Arbitrum$17.592b

Avalanche$5.367b

Solana$185.46m

Botanix$863,503

MegaETH$6,529.5

Perp Volume 30d$2.015b
Perp Volume 30d by chain

Arbitrum$1.934b

Avalanche$80.72m

MegaETH$193,567

Perp Volume 7d$281.71m

Arbitrum$267.78m

Avalanche$13.88m

MegaETH$53,995

Perp Volume 24h$47.09m

Arbitrum$44.56m

Avalanche$2.53m

MegaETH$10,064

Cumulative Perp Volume$332.294b

Arbitrum$303.11b

Avalanche$29.151b

MegaETH$26.57m

Botanix$6.04m

$51.85m

Market Cap$66.25m

$GMX Price$6.34

All Time High$91.07

All Time Low$4.81

View $GMX token page

$66.25m

$84.01m

$GMX Volume 24h$2.76m

CEX Volume$1.72m

DEX Volume$991,038.66(35.87% of total)

Staked$39.93m(60.26% of mcap)

$GMX Liquidity$13.64m

Uniswap V3$13.44m

Camelot V3$204,754

Treasury$22.79m

$6.72m

Stablecoins$12.75m

Own Tokens$1.96m

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 Tracked136

Average Supply APY4.37%

User Activity

Active Addresses (24h)1

New Addresses (24h)0

Transactions (24h)1

Gas Used (24h)0 ETH

Gas Cost (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 $183.44m in total value locked. TVL has increased 3.1% 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 93.9%.

How much has GMX generated in fees and revenue?

Over the past 30 days, GMX generated $1.34m in fees. Of that, $495,104 was protocol revenue. Based on the trailing year, the annualized rate is $32.72m in fees and $12.11m in revenue.

What is the GMX token price and valuation?

GMX is currently trading at $6.34. Its circulating market capitalization is $66.31m, ranking it #470. Its fully diluted valuation is $66.31m. Supply currently stands at 10.45m circulating, 10.45m total supply, 13.25m maximum supply.

How has GMX performed recently?

GMX is up 1.7% over the past 7 days and up 11.1% over the past 30 days. Its all-time high is $91.07, reached on Apr 18, 2023. The token is currently 93% 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 $305,620 in DEX volume over the past 30 days.

Does GMX have a treasury?

GMX has a tracked treasury currently valued at $22.79m. Its holdings include $12.75m in stablecoins, $6.72m in major assets, $1.96m 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.