GMX
GMX
About
Performance
Socials
Guides
Learn
Explore
FAQ
GMX price
in USD$10.27
-- (--)
USD
Last updated on 22 Oct 2025, 12:29:45 pm.
Market cap
$106.29M
Circulating supply
10.34M / 13.25M
All-time high
$91.41
24h volume
$8.96M
Rating
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 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
GMX’s price performance
Past year
-55.83%
$23.25
3 months
-22.50%
$13.25
30 days
-28.74%
$14.41
7 days
-6.39%
$10.97
GMX on socials
Our team did a study of largest token buybacks. Seems like there's a lot that is missing from this piece that we should include in our next update. Nevertheless, still sharing here as I thought that it's interesting:
- Token buyback spending has reached over $1.4b across 28 projects YTD
- HYPE token buyback is the largest by far, with more than $644.64m spent (46% of total buybacks)
- Pump fun has spent much less than Hyperliquid at $138.17m, but has bought back 3% of total supply, which is more than Hyperliquid's 2% of supply
- GMX bought back the highest share of its total supply at 13% YTD, but important to note that part of this is distributed back to holders
On the evolving perp DEX market.
The future Binances are made today.
Eugene Bulltime🕯️
The PerpDEX market is changing rapidly.
2021-2022: dYdX
2022-2023: GMX
2023-2024: Vertex
2024-2025: Hyperliquid
2025: Hyperliquid -> Lighter
Over the past few days, Lighter has consistently shown higher trading volumes than any PerpDEX. Interest around the project is growing. In the last few days alone:
- The project's estimated revenue ~$200M ARR by @PriorXBT
- LLP's share of volume is ~2%
- LLP is hitting its ATH daily, having already exceeded $500M after a dip on October 10th
- The price per point has returned to $90
- The number of new users is up 10,000 daily
- New side products have emerged around the project:
by @PriorXBT
by @0xJaehaerys
by @zaara_ai
The team also added RWA assets for gold and silver, partially revealed the point calculation formula, received praise from Vitalik, and much more.
On a podcast with Bankless, Vlad revealed that Lighter's average TPS is around 5,000 these days, and was 100,000-200,000 TPS during Black Friday.
This only confirms that Lighter is the fastest of all existing L2 platforms.
For me, Lighter is already a fully-fledged blue chip that has found PMF and its volumes are 80% from HFT firms.
In the near future:
- spot
- meme launch
- launch of the most popular RWA assets
This will only increase Lighter's market share.
Events are developing literally every day.
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
Diversify your portfolio with USDC/SGD and USDT/SGD trading pairs
GMX FAQ
Currently, one GMX is worth $10.27. 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
$106.29M
Circulating supply
10.34M / 13.25M
All-time high
$91.41
24h volume
$8.96M
Rating
3.6 / 5