Ask about GMX
Logo of GMXGMX(GMX)
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

All Time High$91.07

All Time Low$5.07

View $GMX token page

$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

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.