GMX price

in USD
$10.11
-- (--)
USD
Last updated on --.

About GMX

GMX is a decentralized trading platform that allows users to trade cryptocurrencies with leverage directly from their wallets, without needing to deposit funds into a centralized exchange. It operates on blockchain technology, offering transparent and secure trading with minimal counterparty risk. GMX's native token is used for governance, fee discounts, and earning rewards by providing liquidity to the platform. Traders can access deep liquidity and low fees, while liquidity providers earn a share of trading fees. GMX stands out for its user-friendly approach to decentralized finance (DeFi), making advanced trading tools accessible to everyone.
AI insights
DeFi
Official website
Github
Block explorer
CertiK
Last audit: Jun 3, 2021, (UTC+8)

GMX’s price performance

Past year
-64.77%
$28.69
3 months
-41.23%
$17.20
30 days
-4.18%
$10.55
7 days
+17.14%
$8.63
61%
Buying
Updated hourly.
More people are buying GMX than selling on OKX

GMX on socials

TTC
TTC
Check If it were me, I would probably shake it off one more time around here.
Delayed🤖
Delayed🤖
10/22 POET Tear-eating policy
Gaurav Singh
Gaurav Singh
🚀 $GMX The OG Perp DEX That Still Prints Real Yield #LearnKaroCryptoKaro Snapshot 🧩 $GMX is a decentralized perpetual futures exchange built on Arbitrum & Avalanche. It lets users trade BTC, ETH, and other assets with up to 50x leverage all on-chain, without intermediaries. Since 2022, GMX has done over $200B+ trading volume and paid millions in real yield to holders. Why It Matters 💡 While many DeFi projects rely on inflationary rewards, GMX’s revenue model is different — it shares actual trading fees with token holders. That’s why it’s often called a “real yield” pioneer — rewarding based on genuine activity, not hype. In a bear market full of fake TVL, GMX stayed profitable. That alone speaks volumes. Growth Drivers ⚙️ 1️⃣ Arbitrum Dominance: Early mover advantage on L2 helped it capture liquidity and traders. 2️⃣ GLP Vault: Liquidity providers earn from traders’ losses + fees — creating a self-sustaining ecosystem. 3️⃣ $GMX V2 Launch: Lower fees, synthetic markets & cross-chain expansion = next growth phase. 4️⃣ Partnerships: Integrations with aggregators like 1inch and DeFi dashboards boost user inflow The Flywheel 🔁 Traders bring volume → Volume generates fees → Fees go to $GMX & $GLP holders → Yields attract liquidity → More liquidity enables deeper markets → More traders join. This continuous cycle is what keeps GMX’s ecosystem strong and yields sustainable. Risks ⚠️ Competition: $DYDX, $MUX, $Synthetix, and upcoming perp DEXs threaten market share. Smart Contract Risk: Any exploit could drain the GLP vault. Fee Compression: As DeFi matures, margins may tighten, impacting yield sustainability. The Big Picture 🌍 $GMX isn’t just a trading platform — it’s a DeFi blueprint for real yield, self-sustaining tokenomics, and community-led liquidity. As perp trading becomes the backbone of DeFi, GMX’s consistent revenue flow and strong user base keep it relevant, even amid the noise. The OG still stands tall 🏗️ And with v2 rolling out strong — it’s only getting started. 🧵 TL;DR: $GMX = Real Yield + Scalable Liquidity + Long-Term Sustainability. A DeFi classic that proves fundamentals > hype.
Nami.Exchange
Nami.Exchange
📊 SECTOR ROTATION IN ACTION — WEEKLY MARKET FLOW SUMMARY Capital keeps rotating — here’s where it’s heading this week 👇 🗂 File Storage — $FIL $AR $STORJ $XCH 🕵️‍♂️ Privacy Coins — $XMR $ZEC $DASH 📊 Data Availability — $TIA $DYM 📈 Perp DEX — $DYDX $GMX 🌉 Bridge — $ZRO $AXL $ACX $W 🔗 Staking — $LDO $RPL $EIGEN 📡 DePIN — $HNT $JASMY $IOTX $HONEY 🏦 RWA — $ONDO $CPOOL $MPL $OM $PLUME 🟧 Bitcoin Ecosystem — $ORDI $SATS $STX $CORE 💱 DeFi — $UNI #1INCH $AERO $AEVO $ETHFI Money flow concentrated in #Infrastructure , #RWAs , and #Bitcoin narratives, showing rotation from speculative hype to utility & yield-driven sectors. 💭 Which narrative are you positioning for next week’s rotation? #Altcoins #Trending #DeFi

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GMX FAQ

Currently, one GMX is worth $10.11. For answers and insight into GMX's price action, you're in the right place. Explore the latest GMX charts and trade responsibly with OKX.
Cryptocurrencies, such as GMX, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as GMX have been created as well.
Check out our GMX price prediction page to forecast future prices and determine your price targets.

Dive deeper into GMX

GMX is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades and, as of writing, has the highest total value locked (TVL) of any project on Arbitrum. Trading is supported by a unique multi-asset pool that earns liquidity providers fees from market making, swap fees and leverage trading. $GMX is the utility and governance token.

Disclaimer

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Market cap
$104.45M
Circulating supply
10.35M / 13.25M
All-time high
$91.41
24h volume
$12.39M
Rating
3.6 / 5
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