GMX Price

Market Stats
Name | Price | Price change(24h) | Market cap | Circulating Supply |
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GMX GMX | N/A | N/A | N/A | N/A |
GMX GMX
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What is GMX (GMX)?
GMX is a leading permissionless, decentralized onchain exchange (DEX) designed for trading perpetual contracts and spot assets. It allows users to trade across crypto, commodities (such as gold, silver, oil, and natural gas), and US equities directly from a self-custody crypto wallet with low price impact and up to 100x leverage.
Unlike many conventional exchanges, GMX allows users to trade directly from their self-custody wallets across more than 100 markets—spanning not just crypto, but also traditional finance assets like precious metals (gold, silver), energy (WTI, Brent, natural gas), and stock indices (SPCX, SPY, QQQ) 24/7. It provides up to 100x leverage with low-price-impact execution and features multi-chain support across Arbitrum, Avalanche, MegaETH, and Solana, alongside cross-chain deposits from Ethereum, Base, and BNB Chain via GMX Account without manual bridging. Additionally, its liquidity model utilizes isolated GM pools and capital-efficient GLV vaults.
Within the GMX ecosystem, liquidity providers can participate via isolated GM pools and capital-efficient GLV vaults to earn platform fees generated from swaps, trading, and asset borrowing.
You can use GMX by connecting your self-custody wallet on supported networks including Arbitrum, Avalanche, MegaETH, or Solana. Users can execute trades with up to 100x leverage across crypto and TradFi markets, deposit funds directly from Ethereum, Base, or BNB Chain without manual bridging, or deposit assets into GM pools and GLV vaults to act as liquidity providers and earn fees.
GMX addresses the limitations of centralized exchanges and traditional trading platforms by providing a permissionless, self-custody environment for trading perpetual futures. It resolves high slippage through low-price-impact execution, eliminates the friction of manual bridging via direct multi-chain deposits, and bridges the gap between decentralized finance (DeFi) and traditional finance by offering 24/7 access to commodities, energy, and equity markets alongside crypto.
According to the project documents, GMX aims to broaden access to decentralized derivatives by enabling multichain access from all popular EVM blockchains, while continuously offering 24/7 onchain trading across an expanding catalog of crypto, commodities, and equity markets.
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