Market Cap

$2.65T

0.34%

24h Vol.

$99.97B

Dom.

57.66%

BTC

0.65%

ETH

0.52%

ETH Gas

Low

Avarage

High

Data by Etherscan

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GMX GMX Social Audit & Trust Score

$6.63 3.82%

Low All Time High

$5.41 $91.07

Overview

GMX (GMX) offers decentralized spot and perpetual trading with up to 50x leverage. More

OG Score 37.29

Reviews 5

Market cap $68.83M

Market cap Rank #381

Market Data & Token Stats

Fully Diluted Valuation	$68.83M
24H Trading Volume	$5.49M
24H Low / High	$6.31 / $6.70
Circulating Supply	10.39M
Total Supply	10.39M
Max Supply	13.25M

Key Project Information

Categories	Decentralized Finance (DeFi) 4 more
Founder	Anonymous
Website	gmx.io Whitepaper
Socials	2 more
Chains	Avalanche Ecosystem 1 more
Explorer	Snowtrace 5 more
Contracts	0x62e....1c661 1 more

GMX/USD Live Price Chart

24h 7d 1m All

$GMX Community Sentiment

OGAudit Security Evaluation & Social Audit Metrics

OG Score

Only Verified Crypto OGs Can Rate

OG Score Rank #782

Reviews 5

Gem Score 10.14

OGAudit Coin Evaluation Metrics

Innovation 41 .56

Security 26 .84

Community 40 .24

Tokenomics 38 .30

Team 36 .66

Roadmap 40 .12

How do we calculate this? [See our methodology]

GMX (gmx) Expert User Reviews

Is GMX safe or a scam? Read verified Crypto OG reviews about GMX

Only Verified Crypto OGs Can Publish Reviews

aabashweb3 19 Apr 2026 - 14:45 0x8d3...061b3

OG Score 19.53

GMX still processes billions in notional volume monthly, and the DAO is actively restructuring with a proposed CEO role to improve execution. But the July 2025 exploit fundamentally compromised the secure yield narrative that underpinned its valuation. For a protocol that marketed itself as a safer alternative to centralized perps, losing $42 million to a reentrancy attack, a vulnerability class that's been well-understood since 2016, is unacceptable. The fact that the hacker returned funds after a bounty doesn't erase the design failure. Until GMX proves its V2 architecture is genuinely resilient (not just patched), this is a high-risk hold with diminishing upside. Source: https://ca.finance.yahoo.com/news/gmx-exploiter-return-40m-days-104123483.html?guccounter=1

GMX $6.35 Gem Score: 4.40

Andy Araon 6 Jan 2026 - 16:45 0x7bc...629ee

OG Score 45.45

Organic bulls on socials are excited about the 15% esGMX rewards on , i made a quic check as well on GitHub , their commits, which have recently increased with oracle integrations, if it’s suits you you can check here: https://github.com/gmx-io/gmx-synthetics/blob/main/contracts/oracle/Oracle.sol which helps keep the roadmap promises going, even though there have been some delays in expanding to multiple chains. It seems like this is a common strategy for leveraged plays as volumes pick up after the bear market, Seems the holders are getting hyped up from the recent green candle this 2026.

GMX $8.48 Gem Score: 3.50

HumbleApe 26 Sep 2025 - 20:44 0x89d...57dc0

OG Score 39.77

I'll acknowledge their tech is genuinely impressive and most of the $42M from that July reentrancy exploit was returned with a bounty paid. But when a critical smart contract vulnerability in V1 vault allows that scale of drainage, it shows the risk level in core protocol components. Even with funds returned, that level of exploit in production code makes me cautious about smart contract security going forward.

GMX $16.17 Gem Score: 12.50

vindicatethis 3 Aug 2025 - 09:17 0x0f6...ec1bd

OG Score 41.30

GMX is a decentralized perpetual exchange that’s gained significant traction for its simplicity, low fees, and liquidity efficiency via its GLP token. It’s highly innovative in the DeFi space, with strong security and robust governance

GMX $12.32 Gem Score: 14.70

CryptoGeek 8 Feb 2025 - 14:18 0x015...c7f8e

OG Score 40.38

GMX offers a decentralized spot and perpetual futures trading platform with low fees. I think It's gaining traction for its model.

GMX $17.24 Gem Score: 15.60

$gmx Markets

Name	Pair	OG Score

About GMX

GMX: A Decentralized Exchange for Perpetual Cryptocurrency Futures

GMX is a decentralized exchange (DEX) offering trading in perpetual cryptocurrency futures with up to 50x leverage on popular cryptocurrencies like BTC and ETH. Launched in September 2021 as Gambit Exchange, GMX has quickly established itself as a leading derivatives DEX on Arbitrum and Avalanche, boasting a total trading volume of over $130 billion and 283,000 total users.

Innovative Technology and Ecosystem

The platform operates on the Arbitrum and Avalanche blockchains, connected to the exchange via Synapse, a cross-chain bridge. GMX differs from centralized exchanges (CEXs) by using an automated market maker (AMM) model instead of an order book. This AMM model features a native multi-asset pool, GLP, which rewards liquidity providers with 70% of all fees generated on the corresponding blockchain.

Dual-Token System for Liquidity and Governance

GMX's decentralized exchange ecosystem revolves around two tokens: GLP and GMX. GLP serves to supply liquidity and acts as an index of all assets on the exchange, while GMX is the utility and governance token. Users can stake GMX tokens to receive rewards, including 30% of fees collected from swaps and leverage trading.

Community Engagement and Development

One of GMX's standout features is its encouragement of community engagement, supporting the development of community projects like the GMX Leaderboard, GMX Blueberry Club and GMX Yield Simulator. The platform's core product allows spot trading and perpetual contract trading, with users able to leverage up to 30x on their trades.

Secure and User-Friendly Trading Interface

GMX leverages Chainlink oracles for dynamic pricing and aggregates price data from high-volume exchanges for accurate pricing on listed assets. Its user-friendly interface allows traders to connect their wallets directly to the platform without the need for a separate trading account, making it convenient and secure.

Conclusion: GMX's Impact on the DeFi Landscape

In conclusion, GMX is a decentralized exchange offering a range of features and benefits to crypto traders, including low swap fees, up to 50x leverage and zero price impact trading. Its rapid growth and innovative approach make it a significant player in the decentralized finance (DeFi) space.

What is unique about GMX (GMX)?

GMX stands out for offering decentralized spot and perpetual trading with up to 50x leverage, a native multi-asset pool rewarding liquidity providers and a community-driven approach supporting projects like the GMX Leaderboard and GMX Blueberry Club.

Who are the founders of GMX (GMX)?

The founding team of GMX remains anonymous, but the lead developer is likely @xdev_10 on Twitter, known for successfully launching other DeFi protocols like XVIX and Gambit.

Where can I buy GMX (GMX)?

You can buy GMX (GMX) on Binance, Bybit, OKX, MEXC Gate.io cryptocurrency exchanges.

Information in this section carefully collected and curated from publicly available data from official sources, including the GMX Official Website, GMX Whitepaper, GMX GitHub Repository and GMX X (Twitter) Account.

The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.