Total Value Locked$183.52m
TVL by Chain
Arbitrum$172.4m
Avalanche$10.5m
MegaETH$615,404
Botanix$0
Key Metrics
Fees (Annualized)$32.72m
Fees 30d$1.34m
Arbitrum$1.28m
Avalanche$56,997
Fees 7d$202,562
Arbitrum$191,588
Avalanche$10,974
Fees 24h$37,508
Arbitrum$35,405
Avalanche$2,103
Cumulative Fees$463.68m
Arbitrum$381.15m
Avalanche$82.52m
Revenue (Annualized)$12.11m
Revenue 30d$495,104
Arbitrum$474,016
Avalanche$21,088
Revenue 7d$74,946
Arbitrum$70,887
Avalanche$4,059
Revenue 24h$13,878
Arbitrum$13,100
Avalanche$778
Cumulative Revenue$150.38m
Arbitrum$124.88m
Avalanche$25.5m
Holders Revenue (Annualized)$8.84m
Holders Revenue 30d$361,294
Arbitrum$345,905
Avalanche$15,389
Holders Revenue 7d$54,691
Arbitrum$51,729
Avalanche$2,962
Holders Revenue 24h$10,127
Arbitrum$9,559
Avalanche$568
Cumulative Holders Revenue$134.27m
Arbitrum$109.83m
Avalanche$24.44m
Incentives 1y$348,494.86
$9,208.07
$300.32
$0
$40.12m
Earnings (Annualized)$11.76m
$485,895.93
$74,645.68
$13,878
$110.26m
DEX Volume 30d$305,620
DEX Volume 30d by chain
Arbitrum$179,673
Avalanche$125,870.53
MegaETH$76.5
DEX Volume 7d$61,353
Avalanche$47,802.94
Arbitrum$13,530
MegaETH$19.04
DEX Volume 24h$866
Arbitrum$862
MegaETH$3.95
Avalanche$0
Cumulative DEX Volume$23.145b
Arbitrum$17.592b
Avalanche$5.367b
Solana$185.46m
Botanix$863,503
MegaETH$6,529.5
Perp Volume 30d$2.015b
Perp Volume 30d by chain
Arbitrum$1.934b
Avalanche$80.72m
MegaETH$193,567
Perp Volume 7d$281.71m
Arbitrum$267.78m
Avalanche$13.88m
MegaETH$53,995
Perp Volume 24h$47.09m
Arbitrum$44.56m
Avalanche$2.53m
MegaETH$10,064
Cumulative Perp Volume$332.294b
Arbitrum$303.11b
Avalanche$29.151b
MegaETH$26.57m
Botanix$6.04m
$51.85m
Market Cap$65.94m
$GMX Price$6.31
$65.94m
$83.61m
$GMX Volume 24h$2.7m
CEX Volume$1.63m
DEX Volume$978,319.49(36.25% of total)
Staked$39.75m(60.28% of mcap)
$GMX Liquidity$13.64m
Uniswap V3$13.44m
Camelot V3$204,754
Treasury$22.79m
$6.72m
Stablecoins$12.75m
Own Tokens$1.96m
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)0
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 $183.52m in total value locked. TVL has increased 3.1% 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 $1.34m in fees. Of that, $495,104 was protocol revenue. Based on the trailing year, the annualized rate is $32.72m in fees and $12.11m in revenue.
What is the GMX token price and valuation?
GMX is currently trading at $6.28. Its circulating market capitalization is $65.65m, ranking it #473. Its fully diluted valuation is $65.65m. Supply currently stands at 10.45m circulating, 10.45m total supply, 13.25m maximum supply.
How has GMX performed recently?
GMX is up 0.4% over the past 7 days and up 11.8% over the past 30 days. Its all-time high is $91.07, reached on Apr 18, 2023. The token is currently 93.1% 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 $305,620 in DEX volume over the past 30 days.
Does GMX have a treasury?
GMX has a tracked treasury currently valued at $22.79m. Its holdings include $12.75m in stablecoins, $6.72m in major assets, $1.96m 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.

