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
$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
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 $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.

