# GMX (GMX)

**Current Price:** $6.684 (📉 -2.86% 24h)

**Price in BTC:** 0.00009831 BTC

**Rank:** #439

---

## Market Statistics

| Metric | Value |
|--------|-------|
| Market Cap | $69.4M |
| Fully Diluted | $69.4M |
| Volume (24h) | $3.4M |
| Vol/Mkt Cap | 4.92% |
| Total Supply | 10,394,463 |
| Circulating Supply | 10,394,463 |

---

## Price Changes

| Period | Change |
|--------|--------|
| 1 Hour | +0.05% |
| 24 Hours | -2.86% |
| 7 Days | +0.69% |

### All-Time Records

- **All-Time High:** $91.07 (-92.69% from ATH) on Apr 18, 2023
- **All-Time Low:** $5.41 (+23.05% from ATL) on Feb 6, 2026

---

## Contract Addresses

- **Arbitrum One:** `0xfc5a1a6eb076a2c7ad06ed22c90d7e710e35ad0a`
- **Avalanche:** `0x62edc0692bd897d2295872a9ffcac5425011c661`

---

## Website

- [gmx.io](<https://gmx.io/>)

---

## Explorers

- [arbiscan.io](<https://arbiscan.io/token/0xfc5a1a6eb076a2c7ad06ed22c90d7e710e35ad0a>)
- [intel.arkm.com](<https://intel.arkm.com/explorer/token/gmx>)
- [snowtrace.io](<https://snowtrace.io/token/0x62edc0692bd897d2295872a9ffcac5425011c661>)
- [avascan.info](<https://avascan.info/blockchain/c/address/0x62edc0692bd897d2295872a9ffcac5425011c661/token>)
- [arbitrum.dex.guru](<https://arbitrum.dex.guru/token/0xfc5a1a6eb076a2c7ad06ed22c90d7e710e35ad0a>)
- [snowtrace.io](<https://snowtrace.io/token/0x62edc0692bd897d2295872a9ffcac5425011c661?type=erc20&chainid=43114>)

---

## Categories

- [Avalanche Ecosystem](<https://coinstats.app/categories/62cf32500fe1c959b31bfa2a/>)
- [Decentralized Finance \\(DeFi\\)](<https://coinstats.app/categories/62cf32500fe1c959b31bfa33/>)
- [Arbitrum Ecosystem](<https://coinstats.app/categories/62cf32500fe1c959b31bfa3d/>)
- [Derivatives](<https://coinstats.app/categories/62cf32500fe1c959b31bfa5a/>)
- [Perpetuals](<https://coinstats.app/categories/62cf32500fe1c959b31bfa90/>)

---

## Community

- [Telegram](<https://t.me/GMX_IO>)
- [Twitter](<https://twitter.com/GMX_IO>)
- [Discord](<https://discord.com/invite/H5PeQru3Aa>)

---

## About GMX

<p>GMX is a decentralized spot and perpetual exchange to support low swapping fees and zero price impact trades\.</p>
<p>GMX is the protocol's utility and governance token\.</p>
<p><br></p>
<p>Check the GMX current price, 24 hour trading volume, live market cap<em>,</em> total supply<em>,</em> circulating supply, max\. supply, GMX price chart, etc\., and get updates on GMX price in real\-time on <a href="https://coinstats\.app/" rel="noopener noreferrer" target="\_blank"><u>CoinStats</u></a>, one of the best crypto platforms around\.</p>
<p><br></p>
<p>CoinStats is a cryptocurrency research and portfolio tracker app that provides investment advice and valuable cryptocurrency data, including real\-time prices, to help investors make better decisions\.</p>
<p><br></p>
<p>Let's get started\!</p>
<p><br></p>
<h2>What Is GMX</h2>
<p><br></p>
<p>GMX is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades\. GMX enables users to trade BTC, ETH, AVAX, and other top cryptocurrencies with up to 30x leverage directly from their wallets\.</p>
<p><br></p>
<p>Trading on the GMX ecosystem is supported by a unique multi\-asset pool that earns liquidity providers fees from market making, swap fees, leverage trading \(spreads, funding fees, and liquidations\), and asset rebalancing\. Dynamic pricing is supported by Chainlink Oracles along with TWAP pricing from leading volume DEXs\.</p>
<p><br></p>
<p>GMX provides users with three unique features:</p>
<ol>
  <li>Reduced Liquidation Risks</li>
</ol>
<p>The GMX aggregate of high\-quality price feeds determines when liquidations occur\. This keeps positions safe from temporary wicks\.</p>
<p><br></p>
<p>2\. Low Costs&nbsp;</p>
<p>GMX allows users to enter and exit positions with minimal spread and zero price impact and get the optimal price without incurring additional costs\.</p>
<p><br></p>
<p>3\. Simple Swap Feature&nbsp;</p>
<p>GMX users can open positions through a simple swap interface\. This function lets users conveniently swap from any supported asset into the position of their choice\.</p>
<p><br></p>
<p>In the first month of its launch, GMX recorded massive success amongst crypto users:</p>
<ul>
  <li>~$150 million has been traded on GMX</li>
  <li>~$300,000 in fees have been earned by the protocol, including Gambit fees</li>
  <li>~$900,000 added to the floor price fund\.&nbsp;</li>
</ul>
<p>Today, GMX has a total trading volume of $45,110,523,486 and 47,923 active users\.</p>
<p><br></p>
<h2>GMX Coins</h2>
<p><br></p>
<p>GMX uses a dual coin system, with two native protocol coins \- GMX and GLP, serving two different functions\.</p>
<p><br></p>
<h3>GMX Coin</h3>
<p><br></p>
<p>GMX is the protocol's utility and governance token\. It accrues 30% of the platform’s generated fees\. Holding GMX tokens unlocks such rewards as Revenue sharing, GMX tokens in Escrow, and Multiplier points\.</p>
<p><br></p>
<p>According to its whitepaper, the GMX token can be bridged between Ethereum and Arbitrum\.</p>
<p><br></p>
<h3>GLP Token</h3>
<p><br></p>
<p>GLP is the protocol's liquidity provider token\. It accrues 70% of the platform’s generated fees\. GLP is a basket of assets used for trading and leverage trading\. The price for minting and redemption is calculated based on the total value of the assets in the index\. This includes profit and loss on open positions divided by the LPG Supply\.</p>
<p><br></p>
<h2>GMX Founders</h2>
<p><br></p>
<p>There is very little information about the team behind GMX\. The project could be led by a certain Gambit Financial, a spot and perpetual exchange on Binance Smart Chain\.</p>
<p><br></p>
<h2>How Does GMX Work<br>
</h2>
<p>GMX works on the Arbitrium and Avalanche blockchains, well known for their low gas fees and high transaction speed\.&nbsp;</p>
<p>GMX functions by providing users with a liquidity pool that supports low swap fees and zero\-impact trades\.</p>
<p><br></p>
<h2>Where to Buy GMX Coin</h2>
<p><br></p>
<p>You can buy the GMX token on the following cryptocurrency exchanges:&nbsp;</p>
<ul>
  <li><a href="https://coinstats\.app/exchanges/bybit/">Bybit</a> | <a href="https://coinstats\.app/blog/bybit\-review/" target="\_blank">ByBit Review</a></li>
  <li><a href="https://coinstats\.app/exchanges/mexc/">MEXC</a>&nbsp;</li>
  <li><a href="https://coinstats\.app/exchanges/bkex/">BKEX</a> | <a href="https://coinstats\.app/blog/bkex\-review/" target="\_blank">BKEX Review</a></li>
  <li><a href="https://coinstats\.app/exchanges/uniswapv3/">Uniswap \(V3\)</a> | <a href="https://coinstats\.app/blog/uniswap\-review/">Uniswap Review</a></li>
  <li><a href="https://coinstats\.app/exchanges/coinex/">Coinex</a>\.</li>
</ul>

---

## GMX Token Risks

**Trust Score:** 80/100

| Risk Type | Severity | Result |
|-----------|----------|--------|
| Centralized Burn | 🟠 high | ✓ Passed |
| Centralized Mint | 🟠 high | ✓ Passed |
| Transfer event amount mismatch | 🟠 high | ✗ Failed |
| Selfdestruct | 🟠 high | ✗ Failed |
| Proxy (Upgradeable) | 🟠 high | ✗ Failed |
| Blacklist | 🟠 high | ✗ Failed |
| Unauthorized Token Approvals | 🟠 high | ✗ Failed |
| Blockable Transfer | 🟡 medium | ✓ Passed |
| External call in transfer | 🟡 medium | ✓ Passed |
| Balance Manipulation | 🟡 medium | ✗ Failed |
| Cooldown checks | 🟡 medium | ✗ Failed |
| No Transfer event emitted | 🟡 medium | ✗ Failed |
| Pausable | 🟡 medium | ✗ Failed |
| Basic Transfer Fee | 🟡 medium | ✗ Failed |
| Approval event not emitted | 🟡 medium | ✗ Failed |
| Whitelist | 🟢 low | ✗ Failed |
| Asset Withdrawal | ⚪ minor | ✗ Failed |
| Not fully ERC20 compliant | ⚪ minor | ✗ Failed |
| Assembly usage in transfer | ⚪ minor | ✗ Failed |
| ETH Balance Sweep | ⚪ minor | ✗ Failed |

[Learn more about token risks](<https://coinstats.app/blog/risks/>)

---

## Related Assets

### Coins that GMX holders also hold

- **Ethereum** () (4% holding)
- **MATIC \(migrated to POL\)** () (4% holding)
- **Tether** () (4% holding)

### Trending Cryptocurrencies

- **Solana** (SOL)
- **Pi Network** (PI)
- **Bittensor** (TAO)
- **Tether Gold** (XAUT)
- **Bitcoin** (BTC)
- **パンチ \(Punch\)** (PUNCH)
- **Zcash** (ZEC)
- **Sui** (SUI)

### Similar Market Cap

- **EUR CoinVertible** ()
- **DigiByte** ()
- **Crypto\.com Staked ETH** ()
- **Moonwell Flagship ETH \(Morpho Vault\)** ()
- **Safe** ()
- **SuperVerse** ()
- **Gama Token** ()
- **MANTRA** ()

---

## GMX Markets

| # | Exchange | Pair | Volume (24h) | Vol % | Price |
|---|----------|------|--------------|-------|-------|
| 1 | Whitebit | GMX/USDT | $599.6K | - | $6.667 |
| 2 | LBank | GMX/USDT | $390.5K | - | $6.672 |
| 3 | HTX | GMX/USDT | $281.7K | - | $6.665 |
| 4 | Phemex | GMX/USDT | $256.5K | - | $6.69 |
| 5 | BloFin | GMX/USDT | $155.8K | - | $6.69 |
| 6 | Bybit | GMX/USDT | $153.6K | - | $6.695 |

---

## GMX News

### [High-Stakes Gambler Liquidated for $168M After Shorting the Bottom of Crypto Plunge](<https://www.coindesk.com/markets/2025/11/17/high-stakes-gambler-liquidated-for-usd168m-after-shorting-the-bottom-of-crypto-plunge?utm_medium=referral&utm_source=coinstats>)
*Unknown - Nov 17, 2025*

A high\-stakes crypto trader was wiped out on HyperLiquid before immediately piling back into massive leveraged shorts on GMX — echoing past blow\-ups from reckless market punters\....

### [Gold's Historic Run Dwarfs BTC But Analyst Remains Positive: Crypto Daybook Americas](<https://coinstats.app/news/025580daea41604e7c805706a16ebf34d0043d7a1c9d2d91b98ec597af832b3b_Golds-Historic-Run-Dwarfs-BTC-But-Analyst-Remains-Positive-Crypto-Daybook-Americas>)
*Unknown - Oct 8, 2025*

Your day\-ahead look for Oct\. 8, 2025...

### [GMX Exploiter Return $40M Days After Hack, Token Zooms Higher](<https://coinstats.app/news/7e883655e24766672f6888d50cc5bcbc0fc0ce264227f0e4cdc63edd584267ee_GMX-Exploiter-Return-40M-Days-After-Hack-Token-Zooms-Higher>)
*Unknown - Jul 11, 2025*

Attackers earlier this week exploited a re\-entrancy flaw in the OrderBook contract, allowing the attacker to manipulate short positions on BTC, inflate GLP’s valuation, and redeem it for outsized prof...

### [GMX token surges 14% after hacker begins returning funds from $40 million exploit](<https://www.theblock.co/post/362164/gmx-token-surges-14-after-hacker-begins-returning-funds-from-40-million-exploit?utm_source%3Drss%26amp%3Butm_medium%3Drss&utm_medium=referral&utm_source=coinstats>)
*Unknown - Jul 11, 2025*

The hacker exploited GMX's V1 GLP liquidity pool on Arbitrum this Wednesday, draining over $40 million in various cryptocurrencies\....

---

## Also Check GMX Price On

- [CoinGecko](<https://www.coingecko.com/en/coins/gmx>)
- [CoinMarketCap](<https://coinmarketcap.com/currencies/gmx>)
