GMX
$6.19

GMX (GMX) Price

$6.19
1m
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GMX (GMX) Price Today

The live price of GMX is 6.19 USD. In the past 24 hours, the trading volume of GMX was 4,777,013.40 USD, down by -1.08%. The current price has decreased by -5.38% from its 7-day high of 91.07 USD, and increased by 5.41% from its 7-day low of 5.41 USD. With a circulating supply of 10,387,351.42 GMX, the market cap of GMX is currently 153,775,103.00 USD, down by 0% in the last 24 hours. GMX currently ranks #378 by market capitalization among cryptocurrencies.

GMX (GMX) Market Data

Market Cap
$64.3M
24h Volume
$4.7M
Circulating Supply
10.3M GMX
Maximum Supply
13.2M GMX
Fully Diluted Market Cap
$64.3M
Liquidity Indicator
7.43%
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FAQ

About GMX (GMX)

How can I buy GMX (GMX)?

Buying GMX (GMX) on BingX is simple and secure. Create an account, deposit USDT or another supported asset, and purchase GMX (GMX) directly in the Spot Market. The tokens will then appear in your BingX Spot Wallet, ready for trading or transfer at anytime. Discover How to Buy GMX Guide for more information.

What Is GMX (GMX) and How Does It Work?



GMX (GMX) is a decentralized perpetual futures and spot trading exchange operating on Arbitrum and Avalanche, delivering centralized exchange-like performance with deep liquidity from GLP multi-asset pools and up to 100x leverage on major cryptocurrencies. It eliminates order books by using price feeds from Chainlink oracles for accurate execution and minimal liquidation risks, while traders pay low fees directly supporting liquidity providers. The GMX token enables staking for protocol fee rewards, governance participation, and ecosystem incentives in a non-custodial, transparent environment focused on capital efficiency and DeFi composability.

When Did GMX Launch?


GMX launched in September 2021 on Arbitrum initially as Gambit before rebranding, with Avalanche expansion in 2022 for additional liquidity. The project achieved rapid growth with V2 perpetuals in 2023, GMX chain planning in 2024, and sustained high trading volume records in 2025, establishing itself as a leading decentralized derivatives platform by December 2025.

What Are the Key Features of GMX?


GMX provides up to 100x leverage perpetual contracts with low swap fees and deep liquidity from GLP pools backed by diversified assets, Chainlink oracle integration for reliable price feeds and reduced oracle risks, instant trade execution with MEV protection through batching, staking rewards from real trading fees distributed to GMX and GLP holders, audited security across Arbitrum and Avalanche deployments, and governance mechanisms for parameter adjustments, creating a capital-efficient derivatives trading venue in decentralized finance.

What Is GMX Used For?


GMX is used for staking to earn real yield from trading fees and participate in governance votes, paying reduced fees for leveraged positions, accessing liquidity provider rewards through GLP minting, voting on protocol upgrades and treasury decisions, and benefiting from ecosystem incentives tied to trading volume growth.

What Is the GMX Token Utility?


GMX secures staking for fee distribution and governance power, captures trading volume through direct revenue shares to holders, incentivizes long-term participation with reward multipliers, enables DAO decisions on expansions and risk parameters, and funds treasury initiatives for chain integrations and marketing in the derivatives space.

What Blockchain Does GMX Operate On?


GMX operates on Arbitrum and Avalanche for low-fee, high-throughput perpetual trading, with shared liquidity pools across both chains for optimal execution.

What Are GMX Tokenomics?


GMX has a fixed supply of 13.25 million tokens fully circulating, with revenue from trading fees allocated to stakers and liquidity providers, featuring deflationary pressure through potential buybacks and burns to enhance scarcity over time.

How To Securely Store GMX


GMX works with the most popular crypto wallets that support EVM-based assets. The easiest way to engage with GMX is through BingX Spot Market where users can buy, sell, and hold tokens securely without managing private keys or additional wallet setups. This approach offers exchange-level security, a custodial wallet service, and instant trading access, making it convenient for new and experienced users alike. This token is also compatible with leading self-custody wallets such as MetaMask and Trust Wallet along with other major BNB-compatible wallets and hardware options like Ledger. These wallets give users full control over their private keys and allow direct participation in decentralized applications, platform features, staking, governance, and cross-network transactions within the GMX ecosystem. By adding the Arbitrum network and importing the GMX token using its contract address, users can enjoy secure and seamless access to all platform utilities and rewards.

Is GMX a Good Investment?


GMX delivers decentralized perpetual trading with 13.25M fixed supply and direct fee rewards on Arbitrum/Avalanche. As of December 2025, fully circulating tokens support mid-cap valuation with consistently high trading volume and yield distribution, benefiting from leverage demand and oracle reliability in derivatives DeFi. While it faces oracle manipulation risks and competition from centralized exchanges, its audited GLP model and revenue alignment provide strong fundamentals; a mid-cap derivatives protocol suitable for diversified holdings with independent research recommended.

Info Source

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Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
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