Ask about GMX
Logo of GMXGMX(GMX)
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

All Time High$91.07

All Time Low$5.07

View $GMX token page

$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

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.