About GMX
GMX is a decentralised perpetual and spot exchange whose GM and GLV pools let liquidity providers supply market liquidity and receive a share of protocol fees.
The current listing contains $219.5M TVL in 143 pools with a TVL-weighted average APY of 73.4% (annualised, last 30 days).
GMX is a decentralised exchange for perpetual futures and spot swaps with active markets on Arbitrum, Avalanche and MegaETH. Trading is routed against GM and GLV liquidity pools instead of a central order book, with oracle prices used in the protocol's valuation and execution.
GM markets are individual liquidity pools for a specific market, usually with a long token and a short token such as WETH and USDC. GLV pools are automated multi-market vaults that allocate liquidity across compatible GM markets. GMX documentation describes both pool types and explains that liquidity providers earn the majority of fees generated by trading, liquidations, borrowing and swaps.
GMX is a proven success in decentralised derivatives, combining deep onchain liquidity with more than $330 billion in cumulative perpetual trading volume. Its market-specific GM pools and diversified GLV pools have become important building blocks for traders, liquidity providers and DeFi integrations. With active deployments on Arbitrum, Avalanche and MegaETH, including its MegaETH expansion, and continued product development, GMX remains one of the most established venues for trading perpetual futures directly from a crypto wallet.
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| 3M price | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
GM LTC [WAVAX-USDC] GMX | 1,752.8% | 200.0% | 270.5% | 3.6 | 31.5% | -50.5% | USDC | $73.49K $328.49K | 3.0 | 0.0%/ 0.0% | Unknown | Low | |||
GM UNI [UNI-USDC] GMX | 1,671.1% | 852.8% | 170.1% | 3.5 | 70.3% | -51.7% | USDC | $1.07M $2.41M | 3.0 | 0.0%/ 0.0% | Unknown | Low | |||
GLV [WAVAX-USDC] GMX | 1,593.7% | 228.1% | 6.5% | 3.3 | 37.8% | -54.6% | USDC | $785.06K $7.78M | 2.0 | 0.0%/ 0.0% | Unknown | Low | |||
GM XRP [WAVAX-USDC] GMX | 1,459.1% | 285.3% | 88.6% | 3.0 | 49.0% | -63.0% | USDC | $306.02K $1.95M | 3.0 | 0.0%/ 0.0% | Unknown | Low | |||
GM BRENTOIL [WETH-USDC] GMX | 1,269.4% | 413.0% | 33.3% | 3.3 | 53.0% | -17.7% | USDC | $312.74K $1.99M | 0.5 | 0.0%/ 0.0% | Unknown | Low | |||
GM AVAX [WAVAX-USDC] GMX | 1,192.2% | 236.1% | 130.1% | 3.4 | 37.6% | -54.5% | USDC | $3.45M $20.65M | 3.0 | 0.0%/ 0.0% | Unknown | Low | |||
GM PENDLE [PENDLE-USDC] GMX | 969.5% | 186.6% | 16.7% | 2.4 | 49.2% | -42.8% | USDC | $177.02K $427.19K | 1.8 | 0.0%/ 0.0% | Unknown | Low | |||
GM PUMP [WAVAX-USDC] GMX | 944.3% | --- | -2.2% | --- | --- | -43.0% | USDC | $130.24K $321.12K | 1.2 | 0.0%/ 0.0% | Unknown | Low | |||
GM SOL [SOL-USDC] GMX | 838.1% | --- | 355.5% | --- | --- | -29.6% | USDC | $274.16K $925.33K | 3.0 | 0.0%/ 0.0% | Unknown | Low | |||
GM WTIOIL [WETH-USDC] GMX | 756.5% | 259.9% | 28.7% | 3.4 | 39.5% | -18.6% | USDC | $46.81K $2.94M | 0.5 | 0.0%/ 0.0% | Unknown | Low | |||
GM BTC [tBTC-tBTC] GMX | 686.5% | --- | 48.1% | --- | --- | -44.3% | USDC | $308.84K $5.08M | 2.0 | 0.0%/ 0.0% | Unknown | Low | |||
GM AAVE [AAVE-USDC] GMX | 640.1% | 471.0% | 133.6% | 3.5 | 53.0% | -57.6% | USDC | $450.29K $3.83M | 2.6 | 0.0%/ 0.0% | Unknown | Low | |||
GM BERA [WETH-USDC] GMX | 491.7% | 49.4% | 47.5% | 1.3 | 36.3% | -46.6% | USDC | $128.04K $5.23M | 1.6 | 0.0%/ 0.0% | Unknown | Low | |||
GM SPX6900 [WETH-USDC] GMX | 325.0% | 133.0% | 7.5% | 3.2 | 27.3% | -33.8% | USDC | $117.89K $1.16M | 1.1 | 0.0%/ 0.0% | Unknown | Low | |||
GM ARB [ARB-USDC] GMX | 307.1% | 890.4% | 13.9% | 3.3 | 77.7% | -67.6% | USDC | $912.06K $23.04M | 3.0 | 0.0%/ 0.0% | Unknown | Low | |||
GM AVNT [WETH-USDC] GMX | 303.6% | 118.8% | -35.8% | 2.1 | 40.6% | -50.4% | USDC | $102.16K $1.79M | 1.0 | 0.0%/ 0.0% | Unknown | Low | |||
GM CVX [WETH-USDC] GMX | 299.0% | 81.5% | -15.3% | 2.7 | 22.7% | -38.4% | USDC | $255.71K $745.85K | 1.1 | 0.0%/ 0.0% | Unknown | Low | |||
GM DOLO [WETH-USDC] GMX | 290.4% | 64.6% | 34.1% | 1.7 | 31.7% | -38.6% | USDC | $105.55K $3.88M | 1.4 | 0.0%/ 0.0% | Unknown | Low | |||
GM WLFI [WETH-USDC] GMX | 284.4% | 90.2% | -84.6% | 2.0 | 36.2% | -89.0% | USDC | $58.93K $2.03M | 1.0 | 0.0%/ 0.0% | Unknown | Low | |||
GM SEI [WETH-USDC] GMX | 271.0% | 245.2% | 39.6% | 3.2 | 41.2% | -36.0% | USDC | $54.06K $3.50M | 1.9 | 0.0%/ 0.0% | Unknown | Low | |||
GM DOT [WBTC-USDC] GMX | 254.1% | 92.2% | 17.0% | 3.2 | 20.9% | -28.1% | USDC | $108.88K $2.18M | 1.8 | 0.0%/ 0.0% | Unknown | Low | |||
GM BONK [WETH-USDC] GMX | 234.7% | 111.8% | 45.3% | 2.1 | 38.8% | -34.8% | USDC | $52.38K $849.90K | 1.8 | 0.0%/ 0.0% | Unknown | Low | |||
GM LDO [WETH-USDC] GMX | 231.2% | 70.1% | 12.4% | 2.0 | 27.8% | -36.2% | USDC | $88.06K $1.08M | 1.6 | 0.0%/ 0.0% | Unknown | Low | |||
GM MON [WETH-USDC] GMX | 225.2% | 251.0% | 5.2% | 3.7 | 35.8% | -31.4% | USDC | $60.67K $848.40K | 0.8 | 0.0%/ 0.0% | Unknown | Low | |||
GM WIF [WBTC-USDC] GMX | 219.1% | 185.1% | -3.9% | 3.3 | 32.9% | -29.3% | USDC | $76.03K $584.23K | 1.1 | 0.0%/ 0.0% | Unknown | Low | |||
GM KAS [WBTC-USDC] GMX | 215.6% | 58.3% | -13.9% | 1.7 | 29.1% | -28.0% | USDC | $294.83K $417.99K | 1.0 | 0.0%/ 0.0% | Unknown | Low | |||
GM TRUMP [WETH-USDC] GMX | 210.0% | 371.5% | 54.9% | 3.2 | 52.1% | -36.0% | USDC | $40.03K $4.83M | 1.7 | 0.0%/ 0.0% | Unknown | Low | |||
GM PENGU [WBTC-USDC] GMX | 201.1% | 138.0% | 29.3% | 2.5 | 36.9% | -18.3% | USDC | $492.46K $4.89M | 1.6 | 0.0%/ 0.0% | Unknown | Low | |||
GM ICP [WBTC-USDC] GMX | 196.6% | 133.1% | 37.7% | 4.0 | 21.9% | -17.5% | USDC | $154.71K $1.78M | 1.8 | 0.0%/ 0.0% | Unknown | Low | |||
GM MOODENG [WBTC-USDC] GMX | 189.2% | 44.1% | -19.6% | 1.4 | 28.0% | -30.8% | USDC | $30.21K $781.88K | 1.2 | 0.0%/ 0.0% | Unknown | Low | |||
GM PEPE [PEPE-USDC] GMX | 185.8% | 2.2% | 31.9% | 0.2 | 25.1% | -45.2% | USDC | $70.62K $4.35M | 2.2 | 0.0%/ 0.0% | Unknown | Low | |||
GM ONDO [WETH-USDC] GMX | 185.2% | 234.7% | 19.0% | 4.0 | 31.6% | -47.9% | USDC | $194.83K $2.86M | 1.6 | 0.0%/ 0.0% | Unknown | Low | |||
GM AVAX [WAVAX-USDC] GMX | 177.9% | 68.5% | 44.9% | 3.7 | 14.5% | -43.9% | USDC | $253.22K $5.05M | 2.6 | 0.0%/ 0.0% | Unknown | Low | |||
GM DASH [WBTC-USDC] GMX | 174.0% | 71.2% | -0.1% | 2.3 | 24.4% | -29.3% | USDC | $363.43K $774.51K | 0.7 | 0.0%/ 0.0% | Unknown | Low | |||
GM ETH [WETH-WETH] GMX | 171.5% | 428.8% | -6.5% | 4.0 | 44.3% | -64.7% | USDC | $18.76M $74.43M | 2.5 | 0.0%/ 0.0% | Unknown | Low | |||
GM LINK [LINK-USDC] GMX | 169.9% | 345.8% | 248.3% | 4.0 | 38.9% | -35.1% | USDC | $3.51M $17.23M | 3.0 | 0.0%/ 0.0% | Unknown | Low | |||
GM FARTCOIN [WBTC-USDC] GMX | 165.1% | 36.2% | 34.0% | 1.1 | 31.7% | -26.7% | USDC | $316.32K $7.35M | 1.6 | 0.0%/ 0.0% | Unknown | Low | |||
GM BCH [WBTC-USDC] GMX | 162.6% | 80.7% | 10.3% | 2.7 | 22.6% | -27.1% | USDC | $64.82K $550.47K | 1.8 | 0.0%/ 0.0% | Unknown | Low | |||
GM MET [WBTC-USDC] GMX | 156.5% | 144.6% | 23.4% | 3.3 | 28.0% | -12.4% | USDC | $283.69K $346.86K | 0.6 | 0.0%/ 0.0% | Unknown | Low | |||
GM LINEA [WETH-USDC] GMX | 149.0% | 26.1% | -25.3% | 1.1 | 24.7% | -35.1% | USDC | $55.99K $487.15K | 0.9 | 0.0%/ 0.0% | Unknown | Low | |||
GM RENDER [WETH-USDC] GMX | 138.8% | 119.1% | 12.8% | 3.3 | 25.0% | -36.2% | USDC | $76.74K $3.65M | 1.8 | 0.0%/ 0.0% | Unknown | Low | |||
GM DOGE [WAVAX-USDC] GMX | 137.4% | 54.0% | 305.9% | 0.9 | 72.5% | -40.4% | USDC | $91.35K $707.74K | 3.0 | 0.0%/ 0.0% | Unknown | Low | |||
GM LIT [WETH-USDC] GMX | 135.5% | 95.5% | 3.4% | 2.1 | 33.8% | -19.8% | USDC | $279.33K $826.74K | 0.7 | 0.0%/ 0.0% | Unknown | Low | |||
GM LTC [WETH-USDC] GMX | 134.8% | 220.8% | 139.5% | 2.7 | 45.8% | -38.8% | USDC | $348.16K $4.68M | 2.9 | 0.0%/ 0.0% | Unknown | Low | |||
GM BTC [WBTC-WBTC] GMX | 130.6% | 242.0% | 35.3% | 3.5 | 36.1% | -51.6% | USDC | $10.30M $90.17M | 2.5 | 0.0%/ 0.0% | Unknown | Low | |||
GM WLD [WETH-USDC] GMX | 121.7% | 295.1% | 31.2% | 3.3 | 44.0% | -44.0% | USDC | $187.53K $1.04M | 1.9 | 0.0%/ 0.0% | Unknown | Low | |||
GM SOL [SOL-USDC] GMX | 120.1% | 198.5% | 501.1% | 3.8 | 29.6% | -41.4% | USDC | $5.07M $30.55M | 3.0 | 0.0%/ 0.0% | Unknown | Low | |||
GM ZORA [WETH-USDC] GMX | 115.9% | 116.0% | -25.0% | 2.4 | 33.7% | -44.3% | USDC | $48.13K $1.49M | 1.0 | 0.0%/ 0.0% | Unknown | Low | |||
GM POL [WETH-USDC] GMX | 113.6% | 195.4% | 34.8% | 3.4 | 33.7% | -35.2% | USDC | $90.48K $646.69K | 2.0 | 0.0%/ 0.0% | Unknown | Low | |||
GM BNB [WBNB-USDC] GMX | 106.2% | 59.2% | 134.1% | 2.9 | 16.5% | -31.3% | USDC | $333.03K $7.66M | 2.7 | 0.0%/ 0.0% | Unknown | Low | |||
GM ETH [WETH.e-USDC] GMX | 105.2% | 276.0% | 163.6% | 3.8 | 36.6% | -33.3% | USDC | $1.32M $4.50M | 3.0 | 0.0%/ 0.0% | Unknown | Low | |||
GM SILVER [WETH-USDC] GMX | 99.9% | 245.5% | 27.5% | 3.2 | 41.4% | -14.5% | USDC | $137.07K $2.49M | 0.5 | 0.0%/ 0.0% | Unknown | Low | |||
GM BTC [BTC.b-BTC.b] GMX | 98.5% | 279.8% | 43.6% | 2.4 | 63.6% | -53.0% | USDC | $574.87K $14.18M | 2.3 | 0.0%/ 0.0% | Unknown | Low | |||
GM INJ [WBTC-USDC] GMX | 94.0% | 64.1% | 8.9% | 1.7 | 33.1% | -30.6% | USDC | $238.20K $442.02K | 1.7 | 0.0%/ 0.0% | Unknown | Low | |||
GM MELANIA [WAVAX-USDC] GMX | 88.4% | 9.4% | -40.6% | 0.6 | 16.4% | -52.8% | USDC | $52.59K $159.52K | 1.6 | 0.0%/ 0.0% | Unknown | Low | |||
GM XLM [WBTC-USDC] GMX | 87.0% | 113.6% | 0.3% | 2.9 | 27.0% | -29.1% | USDC | $166.09K $1.55M | 1.8 | 0.0%/ 0.0% | Unknown | Low | |||
GM TIA [WETH-USDC] GMX | 85.3% | 42.2% | 60.1% | 2.6 | 13.7% | -34.3% | USDC | $85.86K $1.47M | 1.9 | 0.0%/ 0.0% | Unknown | Low | |||
GM CAKE [WBTC-USDC] GMX | 84.6% | --- | -9.3% | --- | --- | -30.7% | USDC | $157.22K $1.16M | 1.6 | 0.0%/ 0.0% | Unknown | Low | |||
GM SKY [WETH-USDC] GMX | 81.6% | 109.2% | 2.1% | 3.4 | 22.5% | -25.1% | USDC | $88.84K $615.32K | 0.8 | 0.0%/ 0.0% | Unknown | Low | |||
GM GOLD [WETH-USDC] GMX | 80.9% | 184.2% | 15.2% | 2.8 | 40.3% | -19.2% | USDC | $225.18K $2.39M | 0.5 | 0.0%/ 0.0% | Unknown | Low | |||
GM XAUT [WBTC-USDC] · 061e GMX | 78.8% | 70.2% | 0.6% | 2.3 | 24.1% | -16.7% | USDC | $277.01K $2.52M | 0.7 | 0.0%/ 0.0% | Unknown | Low | |||
GM BNB [WBTC-USDC] GMX | 75.6% | 60.7% | -9.1% | 2.2 | 23.3% | -27.1% | USDC | $242.34K $3.99M | 1.0 | 0.0%/ 0.0% | Unknown | Low | |||
GM wstETH [wstETH-USDe] GMX | 72.4% | 30.2% | 53.4% | 1.5 | 18.3% | -30.1% | USDC | $177.30K $3.27M | 1.8 | 0.0%/ 0.0% | Unknown | Low | |||
GM ADA [WBTC-USDC] GMX | 71.4% | 72.1% | 6.1% | 2.1 | 27.5% | -22.5% | USDC | $197.27K $2.56M | 1.8 | 0.0%/ 0.0% | Unknown | Low | |||
GM SHIB [WETH-USDC] GMX | 70.6% | 227.9% | 50.1% | 3.6 | 34.2% | -37.3% | USDC | $127.22K $1.62M | 2.1 | 0.0%/ 0.0% | Unknown | Low | |||
GM HYPE [WBTC-USDC] GMX | 70.0% | 105.1% | 167.7% | 4.6 | 15.8% | -22.7% | USDC | $2.61M $7.89M | 1.6 | 0.0%/ 0.0% | Unknown | Low | |||
GM MNT [WETH-USDC] GMX | 69.3% | 161.9% | 0.6% | 3.3 | 30.1% | -35.1% | USDC | $58.52K $900.88K | 1.2 | 0.0%/ 0.0% | Unknown | Low | |||
GM TRX [WETH-USDC] GMX | 68.5% | 208.5% | 24.1% | 2.3 | 54.9% | -38.7% | USDC | $63.66K $1.22M | 1.9 | 0.0%/ 0.0% | Unknown | Low | |||
GM XMR [WBTC-USDC] GMX | 68.4% | 65.1% | 4.5% | 2.1 | 25.3% | -23.8% | USDC | $565.58K $3.99M | 1.3 | 0.0%/ 0.0% | Unknown | Low | |||
GM ZEC [WBTC-USDC] GMX | 65.9% | 99.5% | 15.8% | 2.4 | 30.8% | -20.6% | USDC | $2.31M $3.60M | 0.8 | 0.0%/ 0.0% | Unknown | Low | |||
GM XRP [WETH-USDC] GMX | 61.4% | 102.2% | 91.3% | 2.9 | 25.2% | -37.9% | USDC | $3.69M $12.74M | 3.0 | 0.0%/ 0.0% | Unknown | Low | |||
GLV [WBTC-USDC] GMX | 59.8% | 96.0% | 56.1% | 3.6 | 18.8% | -27.7% | USDC | $12.50M $25.46M | 2.1 | 0.0%/ 0.0% | Unknown | Low | |||
GM CRV [WETH-USDC] GMX | 54.5% | 118.4% | 23.5% | 3.0 | 27.2% | -31.3% | USDC | $666.57K $6.08M | 1.3 | 0.0%/ 0.0% | Unknown | Low | |||
GM QQQ [WETH-USDC] GMX | 54.5% | --- | 4.3% | 3.0 | 14.9% | -2.2% | USDC | $27.07K $500.57K | 0.1 | 0.0%/ 0.0% | Unknown | Low | |||
GM BTC [BTC.b-USDC] GMX | 51.5% | 81.2% | 229.1% | 3.1 | 19.8% | -26.3% | USDC | $1.03M $6.09M | 3.0 | 0.0%/ 0.0% | Unknown | Low | |||
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