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GMX

ExchangeDeFi
GMX is a decentralized spot and perpetual exchange that supports low swap fees and zero-price impact trades. Trading is supported by a unique multi-asset pool that earns fees from market making, swap fees, and leverage trading for liquidity providers.
About
Latest News
Upcoming Events
FAQ
What is GMX?
GMX is a decentralized exchange (DEX) that specializes in spot and perpetual trading of cryptocurrencies. Launched in September 2021, it operates on the Arbitrum Layer 2 protocol and the Avalanche blockchain, offering low swap fees, up to 50x leverage, and zero price impact trades.
How Does GMX Work?
GMX utilizes a community-operated multi-asset liquidity pool known as GLP, which serves both spot and perpetual contract trading. Users can contribute single assets to the GLP pool, which is used by the Automated Market Maker (AMM) for spot trading and by the leverage trading algorithm for loan requests. The platform employs Chainlink oracles to source dynamic pricing information from various exchanges, ensuring accurate and timely data.
What Makes GMX Unique?
GMX stands out due to its innovative trading mechanism involving the GLP pool for liquidity and Chainlink for dynamic pricing. It offers zero slippage and zero impermanent loss, high on-chain composability, and supports multiple blockchain networks, including Arbitrum and Avalanche.
Who Are the Founders of GMX?
GMX was created by an anonymous team.

Latest News

What Key Events Have There Been for GMX?
In June 2025, GMX launched the 'GMX Perpetuals Trading' curriculum on Updraft, a leading web3 developer education platform. Additionally, GMX introduced new synthetic perpetual swap markets for Monero (XMR), Curve (CRV), Moo Deng (MOODENG), and Pi Network (PI) on Arbitrum, allowing traders to use up to 50x leverage.
Project Announcements
Earlier in June 2025, GMX launched GMX Express on Arbitrum and Avalanche, a protocol upgrade that offloads transaction processing to a decentralized keeper network, reducing reliance on traditional infrastructure during network congestion.

Upcoming Events

No data

Projects Announcements

Where to Buy GMX?
GMX tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade GMX is OrangeX, where the most active trading pair GMX/USDT has a trading volume of $700,735.81 in the last 24 hours. Other popular options include Toobit and Binance.
GMX Price
Daily Trading Volume
$8,895,666
All-Time High
$91.07 on April 18, 2023
All-Time Low
$9.61 on April 6, 2025
Market Cap and Valuation
Market Cap
$147,018,079
Fully Diluted Valuation
$147,018,079
GMX Price Prediction
While specific price predictions are speculative, factors influencing GMX's price include market sentiment, adoption rates, and developments within the GMX ecosystem. As of now, there are no available forecasts from reliable experts or publications.

FAQ

What is the Purpose of GMX? jiantou jiantou

How Can I Participate in GMX's Ecosystem? jiantou jiantou

What Sets GMX Apart from Competitors? jiantou jiantou

Is GMX Secure? jiantou jiantou

What are the Risks Associated with GMX? jiantou jiantou

Community Sentiment

6.46K Votes
50% 50%

Currently Popular

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.