GMX

GMX

Decentralized Perpetuals and Spot Exchange on Arbitrum

Launch Year
2021
Consensus
Proof of Stake
Max Supply
13,250,000 GMX
Block Time
~0.25 seconds
GMX
GMX
GMX
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap GMX Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

GMX Price Chart

GMX / USD
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Data by CryptoCompare

About GMX

GMX is the governance and utility token of GMX Protocol, a leading decentralized perpetuals and spot exchange deployed on Arbitrum and Avalanche. GMX Protocol enables low-fee, zero-price-impact trading of crypto assets with up to 50x leverage using real-yield mechanics. Unlike many DeFi protocols, GMX distributes 70% of all protocol fees to GMX stakers and GLP/GM liquidity providers in ETH or AVAX — a model that attracted billions in TVL during the bear market of 2022–2023. GMX V2 introduced isolated GM pools with improved risk management and deeper liquidity for individual assets.

History

2021
GMX launches on Arbitrum as XVIX/Gambit rebranding; quickly gains traction for decentralized perpetuals trading.
2022
GMX becomes the largest dApp on Arbitrum by TVL; real-yield narrative attracts users during bear market.
2022
GMX expands to Avalanche, offering the same perpetuals protocol across a second high-throughput chain.
2023
GMX V2 launches with isolated GM liquidity pools, synthetic assets, and improved capital efficiency.
2024
GMX continues generating real yield for stakers, maintaining top-5 position among decentralized derivatives exchanges.

How to Swap GMX

Swapping GMX (GMX) on SyntheticSwap requires no account or KYC. GMX is an Arbitrum-native or Arbitrum-bridged token, supported by MetaMask (Arbitrum One network), Trust Wallet, and Ledger Live. Select GMX in SyntheticSwap, choose your destination asset, enter a receiving wallet address, and confirm the live exchange rate. After sending GMX to the provided deposit address, your swap settles quickly and the destination asset is sent directly to your wallet.

How to Store GMX

GMX (on Arbitrum or Avalanche) can be stored in MetaMask, Ledger, Trust Wallet, or any EVM-compatible wallet. Add the Arbitrum or Avalanche network to your wallet. For earning real yield, stake GMX at app.gmx.io — staked GMX earns esGMX, Multiplier Points, and 70% of protocol fees in ETH/AVAX.

Frequently Asked Questions