GMX price

in USD
$15.5
-$0.13 (-0.84%)
USD
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Market cap
$159.84M #143
Circulating supply
10.3M / 13.25M
All-time high
$91.41
24h volume
$15.98M
3.6 / 5
GMXGMX
USDUSD

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
DeFi
Official website
Github
Block explorer
CertiK
Last audit: Jun 3, 2021, (UTC+8)

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.

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GMX’s price performance

Past year
-38.50%
$25.20
3 months
+22.82%
$12.62
30 days
+4.44%
$14.84
7 days
+0.25%
$15.46
59%
Buying
Updated hourly.
More people are buying GMX than selling on OKX

GMX on socials

Haotian | CryptoInsight
Haotian | CryptoInsight
It's clear that there's a trend: projects like @Lighter_xyz and @grvt_io are desperately flexing their muscles in the layer2 Perp space, seemingly trying to catch up with @HyperliquidX. However, this feels a bit like "getting up early but arriving late"—the prosperity of Perp DEX should rightfully belong to layer2, so how did it get hijacked by other Alt-L1s like $ASTER? 1) The key issue isn't complicated. The four kings of layer2, such as Arbitrum and Optimism, are all focused on creating general-purpose Rollups, which limits their TPS and block time. Factors like transaction finality, state synchronization, and the overhead of complex calculations will become burdens, making it impossible to compete with products like Hyperliquid that offer sub-second experiences comparable to CEX. Thus, blindly pursuing general-purpose solutions is the original sin. Lighter is quite clever, no longer getting tangled up in so-called generalization, and has optimized for specialized trading from the perspectives of ZK circuits and order book matching, allowing their trading volume to rival that of Hyperliquid. Other layer2-based Perp DEXs must abandon generalization design as the first step to reclaim lost ground; 2) Most layer2 Perps are still stubbornly sticking to the old AMM logic or trying to mix in order book designs. @GMX_IO, once the big brother of layer2 Perps, has already validated that the ceiling of sticking to AMM is evident. Issues like impermanent loss, MEV attacks, and slippage directly affect the inflow of institutional-level large orders and high-frequency trading, which are nearly non-existent in Hyperliquid's full-chain CLOB+HLP model; Therefore, if Layer2 Perps want to turn things around, they should fully embrace a native CLOB architecture. The previous so-called gradual improvements have already been disproven by dYdX's exit not long ago? 3) The old DeFi mining incentives of Layer2 have lost their appeal. New Perp players like Hyperliquid offer not only underlying trading performance but also diverse gameplay, such as MEME culture integration, point airdrops, token buybacks, etc., providing users with significant improvements in experience and gameplay expectations; Moreover, the liquidity in Layer2 is severely fragmented, with everyone using various incentive methods to compete, which directly increases users' cross-chain bridging costs and benefits many third-party cross-chain bridge projects, failing to directly enhance user stickiness to their own protocols; That's all. There are indeed quite a few Perp DEXs in the Layer2 lineup. Besides the projects mentioned above, there are also @SynFuturesDefi, @OrderlyNetwork, @tradeparadex, and many others continuously building. GRVT recently secured $19M in funding, showing that Layer2 Perps have never given up on seizing discourse power. Even if they get knocked down by Hyperliquid, they should at least have some fighting chance compared to @Aster_DEX and @SunPerp_DEX, right? Don't forget, the massive stablecoin and DeFi TVL accumulated in the Ethereum ecosystem is an absolute advantage that other L1s do not possess.
David John
David John
🔴 2016 - You missed $ETH 🔴 2017 - You missed $ADA 🔴 2018 - You missed $BNB 🔴 2019 - You missed $LINK 🔴 2020 - You missed $DOT 🔴 2021 - You missed $SHIB 🔴 2022 - You missed $GMX 🔴 2023 - You missed $BONK 🔴 2024 - You missed $WIF 🟢 In 2025, don't miss $____ #1000x gem ♥️
ℛ𝒶𝓌𝒶𝓃.𝒾𝓃𝒿 (Ø,𝒢)🥷🏻
ℛ𝒶𝓌𝒶𝓃.𝒾𝓃𝒿 (Ø,𝒢)🥷🏻
🔴 2016 - You missed $ETH 🔴 2017 - You missed $ADA 🔴 2018 - You missed $BNB 🔴 2019 - You missed $LINK 🔴 2020 - You missed $DOT 🔴 2021 - You missed $SHIB 🔴 2022 - You missed $GMX 🔴 2023 - You missed $BONK 🔴 2024 - You missed $WIF 🟢 In 2025, don't miss $INJ The next gem💎

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GMX FAQ

Currently, one GMX is worth $15.5. 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.

ESG Disclosure

ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Market cap
$159.84M #143
Circulating supply
10.3M / 13.25M
All-time high
$91.41
24h volume
$15.98M
3.6 / 5
GMXGMX
USDUSD
Easily buy GMX with free deposits via SEPA