Ask about GMX

Logo of GMXGMX(GMX)

Total Value Locked$247.49m

TVL by Chain

Arbitrum$206.66m

Solana$29.02m

Avalanche$11.23m

MegaETH$564,397

Botanix$0

Key Metrics

Fees 30d$4.83m
Fees 30d by chain

Solana$3.69m

Arbitrum$1.03m

Avalanche$111,768

MegaETH$27.56

Fees 7d$1.74m

Solana$1.54m

Arbitrum$180,676

Avalanche$19,484

MegaETH$8.38

Fees 24h$147,107

Solana$127,620

Arbitrum$17,051

Avalanche$2,436

MegaETH$0.29

Cumulative Fees$487.91m

Arbitrum$383.83m

Avalanche$82.72m

Solana$21.33m

MegaETH$18,371

Revenue 30d$1.34m
Revenue 30d by chain

Solana$922,262

Arbitrum$380,848

Avalanche$41,349

MegaETH$10.18

Revenue 7d$458,808

Solana$384,748

Arbitrum$66,850

Avalanche$7,207

MegaETH$3.09

Revenue 24h$39,115

Solana$31,905

Arbitrum$6,309

Avalanche$901

MegaETH$0.11

Cumulative Revenue$157.44m

Arbitrum$125.88m

Avalanche$25.57m

Solana$5.99m

MegaETH$6,796

Holders Revenue 30d$308,098
Holders Revenue 30d by chain

Arbitrum$277,914

Avalanche$30,176

MegaETH$7.42

Solana$0

Holders Revenue 7d$54,046

Arbitrum$48,783

Avalanche$5,260

MegaETH$2.27

Solana$0

Holders Revenue 24h$5,262

Arbitrum$4,604

Avalanche$658

MegaETH$0.08

Solana$0

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)$14.71m

$1.33m

$452,066

$39,115

$117.3m

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$506.623b

Arbitrum$307.25b

Solana$169.956b

Avalanche$29.384b

MegaETH$26.79m

Botanix$6.04m

$182.42m

Market Cap$87.94m

$GMX Price$8.40

All Time High$91.07

All Time Low$4.81

View $GMX token page

$87.94m

$111.3m

$GMX Volume 24h$4.49m

CEX Volume$3.15m

DEX Volume$1.71m(38.16% of total)

Staked$51.76m(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 APY7.23%

User Activity

Active Addresses (24h)2,320

New Addresses (24h)3

Transactions (24h)2,712

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 $247.49m in total value locked. TVL has increased 3.9% 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 $4.83m in fees. Of that, $1.34m was protocol revenue. Based on the trailing year, the annualized rate is $46.8m in fees and $14.95m in revenue.

What is the GMX token price and valuation?

GMX is currently trading at $8.50. Its circulating market capitalization is $88.98m, ranking it #445. Its fully diluted valuation is $88.98m. Supply currently stands at 10.47m circulating, 10.47m total supply, 13.25m maximum supply.

How has GMX performed recently?

GMX is up 0.3% over the past 7 days and up 15.3% over the past 30 days. Its all-time high is $91.07, reached on Apr 18, 2023. The token is currently 90.7% 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.