GMX
GMX
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GMX price
in AUDA$15.99
-- (--)
AUD
Last updated on --.
Market cap
A$165.60M
Circulating supply
10.34M / 13.25M
All-time high
A$140.35
24h volume
A$13.67M
Rating
3.6 / 5
About GMX
GMX is a decentralized cryptocurrency designed to power a unique trading ecosystem. It serves as the native token for the GMX platform, a decentralized exchange (DEX) that specializes in perpetual futures and spot trading. Built on blockchain technology, GMX enables users to trade directly from their wallets, ensuring self-custody and minimizing counterparty risks. The token plays a vital role in the platform by facilitating governance, rewarding liquidity providers, and sharing a portion of trading fees with token holders. With its focus on transparency, efficiency, and user empowerment, GMX is a key player in the growing decentralized finance (DeFi) landscape, offering innovative solutions for traders and investors alike.
AI insights
Disclosures
GMX risk
This material is for informational purposes only and is not exhaustive of all risks associated with trading GMX. All crypto assets are risky, there are general risks in investing in GMX. These include volatility risk, liquidity risk, demand risk, forking risk, cryptography risk, regulatory risk, concentration risk & cyber security risk. This is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold crypto assets; or (iii) financial, accounting, legal or tax advice. Profits may be subject to capital gains tax. You should carefully consider whether trading or holding crypto assets is suitable for you in light of your financial situation. Please review the Risk Summary for additional information.
Investment Risk
The performance of most crypto assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto assets.
Lack of Protections
Crypto assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto asset investments.
Liquidity Risk
There is no guarantee that investments in crypto assets can be easily sold at any given time.
Complexity
Investments in crypto assets can be complex, making it difficult to understand the risks associated with the investment. You should do your own research before investing. If something sounds too good to be true, it probably is.
Concentration Risk
Don't put all your eggs in one basket. Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on anyone to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments.
Five questions to ask yourself
- Am I comfortable with the level of risk? Can I afford to lose my money?
- Do I understand the investment and could I get my money out easily?
- Are my investments regulated?
- Am I protected if the investment provider or my adviser goes out of business?
- Should I get financial advice?
GMX’s price performance
Past year
-52.88%
A$33.95
3 months
-23.10%
A$20.80
30 days
-37.98%
A$25.79
7 days
+0.87%
A$15.86
GMX on socials
We are in the wallet war
They are all adding cool things like points and airdrops, but @TrustWallet is two steps ahead.
They added @Aster_DEX perps trading natively in-app. No KYC needed.
Now you don't even need an exchange.
CeFi grade experience with 100% self-custody.
If you ask me, the BNB eco will be the winner.
In my opinion, the biggest appeal of @vooi_io is that it is not just another perp DEX.
@RaylsLabs
Vooi is designed as an aggregator that elevates the performance of all perp DEXs, rather than a platform competing in the landscape of competition. This means that regardless of which exchange users utilize, they can automatically receive the most efficient trading routes, minimal slippage, and the best execution experience through Vooi.
Thanks to this structure, Vooi does not rely on the performance of a specific DEX; instead, it has a structure that grows together as the entire ecosystem develops.
As other perp DEXs add new features and expand liquidity, Vooi reflects that data in real-time to create a better trading environment.
Ultimately, "the more competitors there are, the stronger the platform becomes"—that is the direction Vooi aims for.
The growth of the perp DEX market = the growth of Vooi is a simple yet powerful equation.
Gol D. REX Ⓜ️Ⓜ️T :MOM: 🌊RIVER
Is writing reviews a must for SNAPS??
Here's a recap of yesterday's broadcast by Crypto Honey @vooi_io!
@RaylsLabs @vultisig
First of all, I wrote a review of the VOOI platform in the morning,
and I received about 0.01 SNAPS right away.
It seems that writing reviews definitely has an effect!
And yesterday, Crypto Honey, who set up the event for 100,000 VOOI points - (it's a secret that the value of VOOI points increased, so the prize changed to stablecoins)
The VOOI team supported us with $1,500, allowing us to experience both PRO and LIGHT.
I first opened a 5x leverage position on Bitcoin in PRO,
and after about 30-40 minutes, the PNL closed positively, starting off on a good note.
But of course, human greed knows no bounds.
I switched to LIGHT, and in less than 20 minutes, it turned into a loss, and I ultimately missed out on the prize.
Still, thank you so much to Honey for treating us to hamburgers!
Additionally, they showed how fast deposits are in the VOOI wallet (processed within 30 seconds)
and how smoothly withdrawals are (processed within 5 minutes).
Let's make VOOI thrive!
Guides
Find out how to buy GMX
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Predict GMX’s prices
How much will GMX be worth over the next few years? Check out the community's thoughts and make your predictions.
View GMX’s price history
Track your GMX’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
GMX on OKX Learn
GMX vs Hyperliquid: Exploring Decentralized Derivatives and Innovative Risk Management
Introduction to GMX and Hyperliquid The decentralized finance (DeFi) ecosystem has experienced rapid innovation, particularly in the realm of derivatives trading platforms. Among the most prominent pl
Crypto Hacks Surge in 2025: GMX Exploit Highlights DeFi Vulnerabilities
GMX Exploit and the Rise of Crypto Hacks in 2025 Introduction The cryptocurrency industry in 2025 has witnessed an alarming surge in hacking incidents, with July alone recording $142 million in losses
Hyperliquid vs. GMX: Exploring Market Dominance, Innovations, and Challenges in Decentralized Futures Trading
Introduction to Hyperliquid and GMX in Decentralized Futures Trading The decentralized derivatives market has experienced explosive growth, with Hyperliquid and GMX emerging as key players in the spac
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
Trade a wide selection of crypto on OKX
GMX FAQ
Currently, one GMX is worth A$15.99. 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
A$165.60M
Circulating supply
10.34M / 13.25M
All-time high
A$140.35
24h volume
A$13.67M
Rating
3.6 / 5