GMX price

in USD
$16.13
-$0.9 (-5.29%)
USD
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Market cap
$166.40M #125
Circulating supply
10.3M / 13.25M
All-time high
$91.41
24h volume
$31.17M
3.6 / 5
GMXGMX
USDUSD

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
DeFi
Official website
Github
Block explorer
CertiK
Last audit: Jun 3, 2021, (UTC+8)

GMX’s price performance

Past year
-38.28%
$26.13
3 months
+16.37%
$13.86
30 days
+3.66%
$15.56
7 days
+6.18%
$15.19

GMX on socials

NingNing
NingNing
TBH, trading mining is an excellent cold start operation plan, but the users, trading volume, and OI obtained from trading mining are not assets of PerpDEX but literally liabilities. For PerpDEX, the two key points are to allocate Tokens to long-term users as much as possible during the trading mining activity and how to cope with the cliff-like drop in data after the activity ends. On these two points, GMX and Aevo messed up, Hyperliquid nailed it, and Astet is unknown.
JackS$S.ETH
JackS$S.ETH
Hyperliquid has airdropped every thousand dollars, and @Lighter_xyz will be the next Perpdex opportunity to explode to a thousand dollars by the end of this year! Besides the codes being released, many people are still inboxing to ask for codes, which shows the level of FOMO in the current perpdex trend. 🛑There are still a few codes left, so get them while you can: Just join and deposit to be eligible for the code. And for earning Points, volume is still prioritized. There are no trading fees, so even with a small capital of 200-500u, you can still earn well. It's the end of the year TGE, and if you don't earn now, when will you?
JackS$S.ETH
JackS$S.ETH
Let's continue the FOMO Code segment @Lighter_xyz, guys. After the big Hyperliquid Airdrop, the next opportunity I'm hoping for is @Lighter_xyz. Let's push hard to earn Points for the Tet holiday. 🛑 Join 20 Code:
阿尔萨斯王子
阿尔萨斯王子
【Lich King's DeFi Expedition】VOOI Protocol: How Arthas Rebuilds the Scourge Treasury with Leverage Trading @vooi_io #Cookie @cookiedotfun Chapter 1: The Financial Dilemma of the Frozen Throne "The Light's followers bind the living with traditional finance, while I—the Lich King—will reshape the capital order with the leverage of VOOI!" Background: The Undead Army faces a liquidity winter and urgently needs to break through DeFi trading barriers. Chapter 2: VOOI's Death Knight Transformation Plan ❄️ Core Mission: Transform complex leverage trading into standardized weapons for the Undead Legion. - Absolute Control: Just like Frostmourne's control over the undead, users have full control over their assets throughout the process. - Cross-chain interoperability: Spreading like the Scourge plague across 16 mainstream public chains. - Continuous Innovation: Upgrading trading algorithms every quarter, comparable to the iterative evolution of necromancy. 🏰 Three Strategic Goals: 1. Simplify DeFi Warfare: New recruits, the Death Knights, can master leverage trading in 3 minutes. 2. Multi-chain Legion Integration: Breaking the public chain fragmentation to establish a unified Undead capital pool. 3. Perpetual Innovation Engine: Absorbing the latest DeFi protocols weekly, like transforming into new undead units. Chapter 3: The Scourge Legion's Practical Gains 📊 The Lich King's Trading Ledger: - Leverage Efficiency: 5x capital utilization is equivalent to the undead resurrection spell. - Cross-chain Gains: Arbitrage opportunities are like the frozen veins of Northrend. - Safety and Risk Control: Smart contract audits are comparable to the defenses of Icecrown Citadel. ⚡ Practical Case of the Death Knight: 1. Use 1000 USDC as "Undead Embryo." 2. Open a 3x long position on Arbitrum through VOOI. 3. Simultaneously hedge on Polygon. 4. Daily gains equivalent to plundering a human city. Chapter 4: Frostmourne's Interactive Interface 👑 Exclusive Feature Design: - Undead Commander Dashboard: One-stop monitoring of multi-chain positions. - Curse Algorithm: Automatic take-profit and stop-loss like dark magic. - Soul Binding: Account abstraction technology makes operations as easy as an extension of the arm. 🎯 Arthas's Personal Experience: "What used to require ten liches to collaborate on cross-chain trading can now be completed with a simple touch of Frostmourne." Chapter 5: The Scourge Legion's Roadmap 📅 Northern Expedition Plan: - Phase 1: Conquer mainstream perpetual DEXs (GMX, dYdX). - Phase 2: Integrate RWA markets (transforming living assets into undead capital). - Phase 3: Issue governance token $FROST (financial hegemony of the Frozen Throne). Chapter 6: Risk Warning (Uther's Admonition) "Child, remember the double-edged sword of leverage: - 3x gains may come with 5x liquidation risk. - Cross-chain contracts are like necromancy, potentially summoning uncontrollable financial demons. - Always leave enough resurrection funds (margin)." Loot Display ❄️ The Lich King's Harvest: - Trading efficiency increased by 300% (the undead know no fatigue). - Cross-chain costs reduced by 70% (discounts from the Dark Portal). - Expected airdrop gains: $FROST tokens (runes of the new era). >> Join the Scourge Financial Legion: Scan the Frostmourne QR code with the secret phrase: "Winter is Coming." Epic Declaration "While the living are still debating CeFi and DeFi, my undead army has already unified the capital flow of 16 public chains with VOOI! In the world of leverage, risk is merely a ladder to immortality!"

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GMX FAQ

Currently, one GMX is worth $16.13. 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

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Market cap
$166.40M #125
Circulating supply
10.3M / 13.25M
All-time high
$91.41
24h volume
$31.17M
3.6 / 5
GMXGMX
USDUSD
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