GMX (GMX)

Total Value Locked$444.27m

TVL by Chain

Arbitrum$402.97m

Avalanche$36.12m

Solana$5.17m

Key Metrics

Fees (Annualized)$68.89m

Fees 30d$5.65m

Fees 24h$295,944

Cumulative Fees$431.91m

Revenue (Annualized)$25.31m

Revenue 30d$2.07m

Revenue 24h$108,126

Cumulative Revenue$138.28m

Holders Revenue (Annualized)$18.61m

Holders Revenue 30d$1.53m

Holders Revenue 24h$80,451

Cumulative Holders Revenue$125.33m

Incentives (Annualized)$3.26m

Incentives 30d$267,454

Incentives 24h$10,332

Cumulative Incentives$48.61m

Earnings (Annualized)$22.05m

Earnings 30d$1.81m

Earnings 24h$97,794

Cumulative Earnings$89.67m

DEX Volume 30d$168.32m

DEX Volume 24h$7.3m

Cumulative DEX Volume$24.159b

Perp Volume 30d$5.924b

Perp Volume 24h$346m

Cumulative Perp Volume$266.746b

Market Cap$132.87m

$GMX Price$13.07

All Time High$91.07

All Time Low$9.61

Fully Diluted Valuation$132.87m

24h $GMX Volume$11.94m

CEX Volume$6.79m

DEX Volume$5.21m(43.67% of total)

Staked$86.63m(65.2% of mcap)

$GMX Liquidity$9.39m

Uniswap V3$9.18m

Camelot V3$208,659

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.

Yields

Pools Tracked104

Average APY10.58%

View all Yields

Development Activity

Updated at Jun 17, 2025

Weekly commits14

Monthly commits130

Weekly developers4

Monthly developers12

Last commit17/06/25 (5 days ago)

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:
GMX V1: Fees from open/close position (0.1%), swap (0.2% to 0.8%), mint and burn (based on tokens balance in the pool) and borrow fee ((assets borrowed)/(total assets in pool)*0.01%)View code on GitHubGMX V2 Perps: Fees paid by usersView code on GitHub

Revenue:
GMX V1: Revenue is 30% of all collected fees, which goes to GMX stakersView code on GitHubGMX V2 Perps: Treasury and token holders revenueView code on GitHub

Holders Revenue:
GMX V1: 30% of all collected fees goes to GMX stakersView code on GitHubGMX V2 Perps: Fees going to governance token holdersView code on GitHub

DEX Volume: Volume of all spot token swaps that go through the protocol

Perp Volume: Notional volume of all trades in the protocol, includes leverage

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

Amount: $565,000

Classification: Ecosystem

Technique: Price Oracle Attack

Chains: Arbitrum

Language: Solidity

Target Type: DeFi Protocol

Source