GMX price
in USD$15.58
+$0.35 (+2.29%)
USD
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Market cap
$160.87M #130
Circulating supply
10.3M / 13.25M
All-time high
$91.41
24h volume
$12.94M
3.6 / 5


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 a unique liquidity model where users can provide liquidity to earn fees from trading activity. GMX is known for its low fees, transparent pricing, and permissionless access, making it a popular choice for traders who value security and control over their assets. The platform supports a variety of trading pairs and leverages blockchain technology to ensure fair and efficient market operations.
AI-generated
GMX’s price performance
Past year
-38.18%
$25.20
3 months
+23.45%
$12.62
30 days
+4.98%
$14.84
7 days
+0.77%
$15.46
GMX on socials

If Kaito has the mindshare of perpdex, these days will definitely crush other tracks.
The $ASTER TGE was just 3 days ago, who would have thought, the TGE hit 500M and started climbing all the way up to just now at a high of 1.2u.
This means it reached a 10B FDV...
Personally, I started selling at 0.3u during the airdrop... Later, I saw something was off and bought back some at 0.55-0.6, but still sold off a lot.
I can only say I underestimated the power of CZ @cz_binance returning.
The BNB ecosystem on-chain has also been very hot these days, which allowed me to accumulate some points on @unicornxdex. Initially, I called $APX when it was below 0.08, and in the blink of an eye, it has already exceeded 12x...
Just now, my buddy also helped 🥸 when $ASTER was at 1.13u on Hyperliquid.
If $ASTER is currently at 8B, that means it's 1/7 of Hyperliquid's volume. Let's take a look at the current top 5 perpdex's 24hr trading volume:
1️⃣ @HyperliquidX: 7.75B
2️⃣ @Lighter_xyz: 4.19B
3️⃣ @edgeX_exchange: 2.07B
4️⃣ @Aster_DEX: 1.5B
5️⃣ @BasedOneX: 1.1B
These five are indeed the most discussed, aside from Lighter, which has already exploded in OTC score price, and the momentum of edgeX, which was incubated by Amber, is also good.
Of course, there are discussions about whether StandX can take over Aster, as well as Backpack, Pacifia, and other perpdex. I can only say that traders will have to do well in the coming months 🤣.
Other already issued perpdex's 24hr trading volume and current market cap (Circ.):
@OrderlyNetwork $ORDER 560M, 191M
@JupiterExchange $JUP 533M, 3.6B
@DriftProtocol $DRIFT 350M, 848M
@avantisfi $AVNT 340M, 1.2B
@MYX_Finance $MYX 286M, 11B (?)
@GMX_IO $GMX 214M, 157M
From the above data, it can be seen that many tokens are driven by sentiment or non-fundamental factors, and one can implement long-short strategies from this 😌.
Finally, here are a few of my views:
1️⃣ Don't brush up just for airdrops; it's best to purely shift trading habits or hedge.
2️⃣ Avoid pitfalls; research the mechanisms and basic costs of each perpdex before operating.
3️⃣ The important thing is still "ecological discourse power"; many perpdex have issued tokens, but many cannot be maintained; what matters is who the backing is.



When this one is issued, what will run out of this round be so abstract...... Directly jumped out of the framework of technology and products and went to a higher dimension......

Rui
After the opening of Dydx in 21 years, many VC coins started by "executives" of exchanges in 21-22 years said that they would benchmark against Dydx and kill Dydx, and finally ran out of Gmx...
This wave of "well-informed" on-chain Dex says that it wants to surpass Hyperliquid, so the question is, what kind of weird thing will come out?
To be honest, it is relatively useless to do Perp Dex institutional endorsement and big brother support, Drift and Aevo in the same period of Hyperliquid are supported by top investors + big firms, and Paradex in the back is a network of market makers + a large number of Pro traders, and those who should get off work are still off work.
Making Perp Dex is a business that requires a lot of skill points, and everything else is useless if it is not its own. Liquidity, market depth, user experience, etc. are all indispensable. I have experienced the popular ones now, but they are still far from being seen.
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GMX on OKX Learn
GMX vs Hyperliquid: Exploring Decentralized Derivatives and Innovative Risk Management
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Hyperliquid vs. GMX: Exploring Market Dominance, Innovations, and Challenges in Decentralized Futures Trading
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GMX V1 Exploit: $42M Lost in DeFi Attack, Highlighting Security Flaws
GMX V1 Exploit: A Comprehensive Analysis of the $42 Million Hack Overview of the GMX V1 Exploit and Its Impact On July 9, 2025, the decentralized exchange GMX V1 experienced a devastating exploit, res
GMX FAQ
Currently, one GMX is worth $15.58. 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
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
$160.87M #130
Circulating supply
10.3M / 13.25M
All-time high
$91.41
24h volume
$12.94M
3.6 / 5

