Ask about GMX
Logo of GMXGMX(GMX)
Total Value Locked$184.25m

TVL by Chain

Arbitrum$173.01m

Avalanche$10.63m

MegaETH$615,648

Botanix$0

Key Metrics

Fees (Annualized)$32.93m
Fees 30d$1.32m

Arbitrum$1.27m

Avalanche$55,954

Fees 7d$218,951

Arbitrum$207,977

Avalanche$10,974

Fees 24h$25,937

Arbitrum$24,747

Avalanche$1,190

Cumulative Fees$463.64m

Arbitrum$381.12m

Avalanche$82.52m

Revenue (Annualized)$12.18m
Revenue 30d$489,240

Arbitrum$468,538

Avalanche$20,702

Revenue 7d$81,010

Arbitrum$76,951

Avalanche$4,059

Revenue 24h$9,596

Arbitrum$9,156

Avalanche$440

Cumulative Revenue$150.37m

Arbitrum$124.87m

Avalanche$25.49m

Holders Revenue (Annualized)$8.89m
Holders Revenue 30d$357,015

Arbitrum$341,908

Avalanche$15,107

Holders Revenue 7d$59,116

Arbitrum$56,154

Avalanche$2,962

Holders Revenue 24h$7,003

Arbitrum$6,682

Avalanche$321

Cumulative Holders Revenue$134.26m

Arbitrum$109.82m

Avalanche$24.44m

Incentives 1y$349,289.22

$9,208.07

$300.32

$0

$40.12m

Earnings (Annualized)$11.83m

$480,031.93

$80,709.68

$9,596

$110.25m

DEX Volume 30d$742,881
DEX Volume 30d by chain

Arbitrum$615,901

Avalanche$126,907.53

MegaETH$72.55

DEX Volume 7d$66,403

Avalanche$47,815.94

Arbitrum$18,560

MegaETH$26.09

DEX Volume 24h$1,322

Arbitrum$1,321

Avalanche$0.42

MegaETH$0.12

Cumulative DEX Volume$23.145b

Arbitrum$17.592b

Avalanche$5.367b

Solana$185.46m

Botanix$863,503

MegaETH$6,525.55

Perp Volume 30d$1.998b
Perp Volume 30d by chain

Arbitrum$1.918b

Avalanche$79.72m

MegaETH$183,850

Perp Volume 7d$320.28m

Arbitrum$306.02m

Avalanche$14.21m

MegaETH$45,242

Perp Volume 24h$36.84m

Arbitrum$35.5m

Avalanche$1.33m

MegaETH$8,540

Cumulative Perp Volume$332.246b

Arbitrum$303.066b

Avalanche$29.148b

MegaETH$26.56m

Botanix$6.04m

$52.27m

Market Cap$67.57m

$GMX Price$6.47

All Time High$91.07

All Time Low$4.81

View $GMX token page

$67.57m

$85.73m

$GMX Volume 24h$1.54m

CEX Volume$1.95m

DEX Volume$923,579.37(60.11% of total)

Staked$40.78m(60.35% of mcap)

$GMX Liquidity$13.64m

Uniswap V3$13.44m

Camelot V3$204,754

Treasury$22.85m

$6.73m

Stablecoins$12.76m

Own Tokens$1.99m

Others$1.36m

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 Tracked136

Average Supply APY4.39%

User Activity

Active Addresses (24h)1

New Addresses (24h)1

Transactions (24h)1

Gas Used (24h)0 ETH

Gas Cost (24h)$0

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 $184.25m in total value locked. TVL has increased 3.8% 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 93.9%.

How much has GMX generated in fees and revenue?

Over the past 30 days, GMX generated $1.32m in fees. Of that, $489,240 was protocol revenue. Based on the trailing year, the annualized rate is $32.93m in fees and $12.18m in revenue.

What is the GMX token price and valuation?

GMX is currently trading at $6.47. Its circulating market capitalization is $67.64m, ranking it #466. Its fully diluted valuation is $67.64m. Supply currently stands at 10.45m circulating, 10.45m total supply, 13.25m maximum supply.

How has GMX performed recently?

GMX is up 3.3% over the past 7 days and up 10.3% over the past 30 days. Its all-time high is $91.07, reached on Apr 18, 2023. The token is currently 92.9% 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 $742,881 in DEX volume over the past 30 days.

Does GMX have a treasury?

GMX has a tracked treasury currently valued at $22.85m. Its holdings include $12.76m in stablecoins, $6.73m in major assets, $1.99m in its own tokens, $1.36m 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.