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GMX V2 Perps (GMX)

Total Value Locked$306.66m

Chain Breakdown
Arbitrum	$278.76m
Avalanche	$22.67m
Solana	$5.22m

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Protocol Information

GMX is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades. Trading is supported by a unique multi-asset pool that earns liquidity providers fees from market making, swap fees, leverage trading (spreads, funding fees & liquidations) and asset rebalancing.

Category: Derivatives

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Token Information

Address:arbitrum...90d7E7

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Methodology

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Competitors

GMX V1 ($87.72m)Synthetix V3 ($76.98m)Derive V2 ($71.13m)Vertex Perps ($47.91m)Aevo Perps ($40.67m)Jupiter Perpetual Exchange ($1.38b)Ethereal ($898.17m)Drift Trade ($725.63m)dYdX V4 ($216.34m)Hyperliquid HLP ($164.41m)