Overview
GMX(GMX)
Token Price$8.2
24h Change+1.97%
All Time HighApr 18, 2023$91.07
All Time LowJul 1, 2026$4.81
Key Metrics
$85.72m
$85.72m
10.46m GMX
13.25m GMX
$108.65m
Volume 24h$8.43m
CEX$7.87m
Spot$2.06m
USD Perp$5.8m
COIN Perp$0
DEX$564,303.04
Spot$0
USD Perp$564,303.04
COIN Perp$0
Open Interest$5.63m
CEX$4.8m
USD Perp$4.8m
COIN PerpN/A
DEX$836,950.08
USD Perp$836,950.08
COIN PerpN/A
Treasury$27.9m
$9.48m
Stablecoins$13.98m
Own Tokens$2.48m
Others$1.96m
Token Information
Income Statement for GMX
Include incomes from GMX

| Q3 2026* | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gross Protocol Revenue | $4.6M | $6.31M | $8.71M | $7.48M | $16.31M | $29.79M | $22.51M | $27.73M | $17.99M | $27.41M | $37.85M | $28.41M | $13.31M | $38.91M | $51.63M | $34.5M | $30.21M | $23.82M | $27.72M | $9.92M | $1.02M |
| Margin Fees | $4.2M | $5.95M | $8.16M | $6.98M | $14.46M | $14.1M | $17.3M | $23.64M | $13.67M | $19M | $21.07M | $8.23M | $765.25K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Token Swap Fees | $23.07K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Liquidation Fees | $371.99K | $361.47K | $546.78K | $495.84K | $909.17K | $1.25M | $1.95M | $125.2K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Mint/Redeem Fees | $0 | $0 | $0 | $0 | $160 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Price Impact | $8.44K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Cost of Revenue | $2.9M | $3.98M | $5.49M | $4.71M | $10.34M | $19.78M | $14.41M | $17.75M | $11.64M | $17.86M | $25.02M | $19.31M | $9.27M | $27.24M | $36.14M | $24.15M | $21.15M | $16.67M | $19.41M | $6.94M | $714.18K |
| Margin Fees | $2.65M | $3.75M | $5.14M | $4.4M | $9.11M | $8.88M | $10.9M | $14.89M | $8.61M | $11.97M | $13.27M | $5.19M | $482.11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Token Swap Fees | $14.53K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Liquidation Fees | $234.35K | $227.72K | $344.47K | $312.38K | $572.78K | $787.24K | $1.23M | $78.87K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Mint/Redeem Fees | $0 | $0 | $0 | $0 | $33 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Price Impact | $5.31K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Gross Profit | $1.7M | $2.34M | $3.22M | $2.77M | $5.97M | $10.01M | $8.1M | $9.98M | $6.35M | $9.55M | $12.83M | $9.1M | $4.05M | $11.67M | $15.49M | $10.35M | $9.06M | $7.15M | $8.32M | $2.97M | $306.08K |
| Margin Fees | $1.55M | $2.2M | $3.02M | $2.58M | $5.35M | $5.22M | $6.4M | $8.75M | $5.06M | $7.03M | $7.8M | $3.05M | $283.14K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Token Swap Fees | $8.53K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Liquidation Fees | $137.64K | $133.74K | $202.31K | $183.46K | $336.39K | $462.35K | $721.17K | $46.32K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Mint/Redeem Fees | $0 | $0 | $0 | $0 | $160 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Price Impact | $3.12K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Earnings | $1.7M | $2.34M | $3.22M | $2.77M | $5.97M | $10.01M | $8.1M | $9.98M | $6.35M | $9.55M | $12.83M | $9.1M | $4.05M | $11.67M | $15.49M | $10.35M | $9.06M | $7.15M | $8.32M | $2.97M | $306.08K |
Token Holder Net Income | $1.24M | $1.7M | $2.35M | $2.02M | $4.43M | $8.48M | $6.17M | $7.61M | $4.99M | $7.65M | $10.72M | $8.28M | $3.97M | $11.67M | $15.49M | $10.35M | $9.06M | $7.15M | $8.32M | $2.97M | $306.08K |
| Margin Fees | $1.13M | $1.61M | $2.2M | $1.88M | $3.9M | $3.81M | $4.67M | $6.38M | $3.69M | $5.13M | $5.69M | $2.22M | $206.62K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Token Swap Fees | $6.23K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Liquidation Fees | $100.44K | $97.59K | $147.63K | $133.87K | $245.47K | $337.39K | $526.26K | $33.8K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Mint/Redeem Fees | $0 | $0 | $0 | $0 | $14 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Price Impact | $2.28K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Risks
How much debt can be issued against GMX as collateral across lending protocols.
Maximum possible exposure to GMX
$280,584.24
$278,932.22 (max additional borrows against GMX) + $1,652.01 (bad debt if GMX was hacked now)
Compound V3
$280,584.24 at-risk exposure = $1,652.01 bad debt if hacked + $278,932.22 additional borrowable against GMX
Methodology and limitations
Showing collateral exposure for GMX on Arbitrum. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.
- These metrics describe lending exposure only and are not a full protocol risk rating.
- This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
- Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
Show exposure details
Each row is one protocol-chain exposure for GMX as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.
Markets
Token Rights and Value Accrual
GMX
Value accrues through buybacks and distribution of platform fees
Token Usage
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Unlocks
An is required to view token unlocks.
Yields
Showing 10 of 21 pools
Borrow
Showing 10 of 15 routes
