Total Value Locked$181.97m
TVL by Chain
Arbitrum$170.43m
Avalanche$10.91m
MegaETH$623,800
Botanix$0
Key Metrics
Fees (Annualized)$35.91m
Fees 30d$1.74m
Arbitrum$1.67m
Avalanche$70,129
Fees 7d$337,813
Arbitrum$327,065
Avalanche$10,748
Fees 24h$30,239
Arbitrum$28,744
Avalanche$1,495
Cumulative Fees$462.76m
Arbitrum$380.28m
Avalanche$82.48m
Revenue (Annualized)$13.28m
Revenue 30d$645,088
Arbitrum$619,140
Avalanche$25,948
Revenue 7d$124,993
Arbitrum$121,015
Avalanche$3,978
Revenue 24h$11,188
Arbitrum$10,635
Avalanche$553
Cumulative Revenue$150.04m
Arbitrum$124.56m
Avalanche$25.48m
Holders Revenue (Annualized)$9.7m
Holders Revenue 30d$470,740
Arbitrum$451,803
Avalanche$18,937
Holders Revenue 7d$91,210
Arbitrum$88,308
Avalanche$2,902
Holders Revenue 24h$8,165
Arbitrum$7,761
Avalanche$404
Cumulative Holders Revenue$134.02m
Arbitrum$109.59m
Avalanche$24.43m
Incentives 1y$383,652
$25,042
$3,058
$39.48
$40.12m
Earnings (Annualized)$12.9m
$620,046
$121,935
$11,149
$109.92m
DEX Volume 30d$707,275
DEX Volume 30d by chain
Arbitrum$611,993
Avalanche$94,948
MegaETH$330
Botanix$4
DEX Volume 7d$105,564
Arbitrum$71,776
Avalanche$33,773
MegaETH$15
DEX Volume 24h$889
Arbitrum$841
Avalanche$35
MegaETH$13
Cumulative DEX Volume$23.145b
Arbitrum$17.592b
Avalanche$5.366b
Solana$185.46m
Botanix$863,503
MegaETH$6,478
Perp Volume 30d$2.698b
Perp Volume 30d by chain
Arbitrum$2.592b
Avalanche$105.55m
MegaETH$368,689
Botanix$6,733
Perp Volume 7d$534.4m
Arbitrum$518.35m
Avalanche$16.01m
MegaETH$36,317
Perp Volume 24h$47.24m
Arbitrum$45.33m
Avalanche$1.9m
MegaETH$14,466
Cumulative Perp Volume$330.93b
Arbitrum$301.808b
Avalanche$29.089b
MegaETH$26.44m
Botanix$6.04m
$70.87m
Market Cap$68.65m
$GMX Price$6.58
$68.65m
$87.19m
$GMX Volume 24h$4.82m
CEX Volume$3.43m
DEX Volume$1.57m(32.63% of total)
Staked$41.36m(60.25% of mcap)
$GMX Liquidity$13.64m
Uniswap V3$13.44m
Camelot V3$204,754
Treasury$23.7m
$7.21m
Stablecoins$13.08m
Own Tokens$2.02m
Others$1.39m
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 Tracked139
Average Supply APY4.28%
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 $181.97m in total value locked. TVL has increased 3.5% 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 $1.74m in fees. Of that, $645,088 was protocol revenue. Based on the trailing year, the annualized rate is $35.91m in fees and $13.28m in revenue.
What is the GMX token price and valuation?
GMX is currently trading at $6.58. Its circulating market capitalization is $68.65m, ranking it #463. Its fully diluted valuation is $68.65m. Supply currently stands at 10.44m circulating, 10.44m total supply, 13.25m maximum supply.
How has GMX performed recently?
GMX is up 9.9% over the past 7 days and up 12% over the past 30 days. Its all-time high is $91.07, reached on April 18, 2023. The token is currently 92.8% 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 $707,275 in DEX volume over the past 30 days.
Does GMX have a treasury?
GMX has a tracked treasury currently valued at $23.7m. Its holdings include $13.08m in stablecoins, $7.21m in major assets, $2.02m in its own tokens, $1.39m in other assets.
Has GMX ever been exploited?
GMX has 2 recorded security incidents. The most recent incident occurred on July 9, 2025 and involved $42m. It was classified as Protocol Logic.

