Total Value Locked$179.66m
TVL by Chain
Arbitrum$168.16m
Avalanche$10.87m
MegaETH$619,935
Botanix$0
Key Metrics
Fees (Annualized)$35.74m
Fees 30d$1.64m
Arbitrum$1.57m
Avalanche$69,330
Fees 7d$324,303
Arbitrum$311,776
Avalanche$12,527
Fees 24h$20,480
Arbitrum$18,111
Avalanche$2,369
Cumulative Fees$462.95m
Arbitrum$380.46m
Avalanche$82.49m
Revenue (Annualized)$13.22m
Revenue 30d$604,981
Arbitrum$579,329
Avalanche$25,652
Revenue 7d$119,991
Arbitrum$115,356
Avalanche$4,635
Revenue 24h$7,577
Arbitrum$6,701
Avalanche$876
Cumulative Revenue$150.11m
Arbitrum$124.63m
Avalanche$25.48m
Holders Revenue (Annualized)$9.65m
Holders Revenue 30d$441,474
Arbitrum$422,753
Avalanche$18,721
Holders Revenue 7d$87,563
Arbitrum$84,180
Avalanche$3,383
Holders Revenue 24h$5,530
Arbitrum$4,890
Avalanche$640
Cumulative Holders Revenue$134.07m
Arbitrum$109.64m
Avalanche$24.43m
Incentives 1y$379,645.64
$15,866.85
$1,414.64
$0
$40.12m
Earnings (Annualized)$12.84m
$589,114.15
$118,576.36
$7,577
$109.99m
DEX Volume 30d$715,801
DEX Volume 30d by chain
Arbitrum$620,151
Avalanche$95,327
MegaETH$324.06
Botanix$0
DEX Volume 7d$82,512
Arbitrum$81,766
Avalanche$731
MegaETH$15.06
DEX Volume 24h$1,970
Arbitrum$1,497
Avalanche$473
MegaETH$0.06
Cumulative DEX Volume$23.145b
Arbitrum$17.592b
Avalanche$5.366b
Solana$185.46m
Botanix$863,503
MegaETH$6,478.06
Perp Volume 30d$2.537b
Perp Volume 30d by chain
Arbitrum$2.433b
Avalanche$103.71m
MegaETH$295,235
Botanix$6
Perp Volume 7d$518.7m
Arbitrum$502.04m
Avalanche$16.62m
MegaETH$34,883
Perp Volume 24h$21.35m
Arbitrum$18.29m
Avalanche$3.06m
MegaETH$782
Cumulative Perp Volume$331.237b
Arbitrum$302.104b
Avalanche$29.1b
MegaETH$26.45m
Botanix$6.04m
$70.87m
Market Cap$68.82m
$GMX Price$6.59
$68.82m
$87.32m
$GMX Volume 24h$3.23m
CEX Volume$2.04m
DEX Volume$1.2m(37.14% of total)
Staked$41.82m(60.77% of mcap)
$GMX Liquidity$13.64m
Uniswap V3$13.44m
Camelot V3$204,754
Treasury$23.2m
$6.67m
Stablecoins$13.11m
Own Tokens$2.05m
Others$1.37m
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 APY5.1%
User Activity
Active Addresses (24h)1
New Addresses (24h)0
Transactions (24h)1
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 $179.66m in total value locked. TVL has increased 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 93.6%.
How much has GMX generated in fees and revenue?
Over the past 30 days, GMX generated $1.64m in fees. Of that, $604,981 was protocol revenue. Based on the trailing year, the annualized rate is $35.74m in fees and $13.22m in revenue.
What is the GMX token price and valuation?
GMX is currently trading at $6.59. Its circulating market capitalization is $68.82m, ranking it #456. Its fully diluted valuation is $68.82m. Supply currently stands at 10.45m circulating, 10.45m total supply, 13.25m maximum supply.
How has GMX performed recently?
GMX is up 2% over the past 7 days and up 24.5% over the past 30 days. Its all-time high is $91.07, reached on Apr 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 $715,801 in DEX volume over the past 30 days.
Does GMX have a treasury?
GMX has a tracked treasury currently valued at $23.2m. Its holdings include $13.11m in stablecoins, $6.67m in major assets, $2.05m in its own tokens, $1.37m 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.

