Total Value Locked$178.51m
TVL by Chain
Arbitrum$167.01m
Avalanche$10.88m
MegaETH$619,442
Botanix$0
Key Metrics
Fees (Annualized)$35.45m
Fees 30d$1.76m
Arbitrum$1.7m
Avalanche$61,011
Fees 7d$421,082
Arbitrum$405,266
Avalanche$15,816
Fees 24h$104,466
Arbitrum$101,133
Avalanche$3,333
Cumulative Fees$463.18m
Arbitrum$380.68m
Avalanche$82.5m
Revenue (Annualized)$13.11m
Revenue 30d$649,871
Arbitrum$627,297
Avalanche$22,574
Revenue 7d$155,798
Arbitrum$149,947
Avalanche$5,851
Revenue 24h$38,652
Arbitrum$37,419
Avalanche$1,233
Cumulative Revenue$150.19m
Arbitrum$124.71m
Avalanche$25.49m
Holders Revenue (Annualized)$9.57m
Holders Revenue 30d$474,232
Arbitrum$457,757
Avalanche$16,475
Holders Revenue 7d$113,693
Arbitrum$109,422
Avalanche$4,271
Holders Revenue 24h$28,206
Arbitrum$27,306
Avalanche$900
Cumulative Holders Revenue$134.14m
Arbitrum$109.7m
Avalanche$24.43m
Incentives 1y$369,937.58
$15,866.66
$106.99
$0
$40.12m
Earnings (Annualized)$12.74m
$634,004.34
$155,691.01
$38,652
$110.08m
DEX Volume 30d$772,266
DEX Volume 30d by chain
Arbitrum$658,415
Avalanche$113,540.42
MegaETH$310.69
Botanix$0
DEX Volume 7d$88,226
Arbitrum$62,917
Avalanche$25,289.42
MegaETH$19.69
DEX Volume 24h$26,871
Avalanche$24,787
Arbitrum$2,084
MegaETH$0.38
Cumulative DEX Volume$23.145b
Arbitrum$17.592b
Avalanche$5.366b
Solana$185.46m
Botanix$863,503
MegaETH$6,497.69
Perp Volume 30d$2.709b
Perp Volume 30d by chain
Arbitrum$2.62b
Avalanche$88.75m
MegaETH$277,745
Botanix$6
Perp Volume 7d$635.42m
Arbitrum$613.02m
Avalanche$22.36m
MegaETH$27,940
Perp Volume 24h$159.75m
Arbitrum$153.76m
Avalanche$5.98m
MegaETH$1,976
Cumulative Perp Volume$331.565b
Arbitrum$302.421b
Avalanche$29.112b
MegaETH$26.46m
Botanix$6.04m
$48.93m
Market Cap$70.99m
$GMX Price$6.79
$70.99m
$89.97m
$GMX Volume 24h$4.5m
CEX Volume$3.37m
DEX Volume$1.42m(31.56% of total)
Staked$42.92m(60.46% of mcap)
$GMX Liquidity$13.64m
Uniswap V3$13.44m
Camelot V3$204,754
Treasury$23.35m
$6.73m
Stablecoins$13.18m
Own Tokens$2.1m
Others$1.34m
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 APY6.05%
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 $178.51m in total value locked. TVL has increased 5.2% 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 $1.76m in fees. Of that, $649,871 was protocol revenue. Based on the trailing year, the annualized rate is $35.45m in fees and $13.11m in revenue.
What is the GMX token price and valuation?
GMX is currently trading at $6.79. Its circulating market capitalization is $70.91m, ranking it #441. Its fully diluted valuation is $70.91m. Supply currently stands at 10.45m circulating, 10.45m total supply, 13.25m maximum supply.
How has GMX performed recently?
GMX is up 3.7% over the past 7 days and up 25.3% over the past 30 days. Its all-time high is $91.07, reached on Apr 18, 2023. The token is currently 92.5% 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 $772,266 in DEX volume over the past 30 days.
Does GMX have a treasury?
GMX has a tracked treasury currently valued at $23.35m. Its holdings include $13.18m in stablecoins, $6.73m in major assets, $2.1m in its own tokens, $1.34m 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.

