GMX

Perp DEX

$GMX · Founded 2021 · gmx.io ↗

$18.902.90% 24h

Visit GMX ↗

Real yield

★★★★★★★★★★

84/100dexwatch score · Solid

Pool-based perps with zero price impact on majors — earn real yield as an LP.

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For beginners

Simple mental model: pick a market, set leverage, trade.

Key metrics

24h volume

$420.0M

7d volume

$2.90B

Total value locked

$480.0M

Open interest

$260.0M

Active addr · 30d

31K

Market share

n/a

Market cap

$195.0M

Maker / taker fee

0.06% / 0.06%

Max leverage

50×

Trading pairs

The honest take

Pros

✓Earn real yield by providing liquidity to the pools

✓No order book — simple market orders for retail

✓Strong, loyal community

Cons

✕Limited number of tradable markets

✕Fees higher than the order-book venues

Made your choice?

Start trading on GMX

Non-custodial — connect your wallet and you stay in control of your funds. Leverage is high-risk; only trade what you can afford to lose.

ArbitrumAvalanchePerp DEX

Open GMX ↗ Visit gmx.io Affiliate link · dexwatch may earn a commission at no extra cost to you.

Frequently asked about GMX

Is GMX safe to use?

GMX has a dexwatch security score of 82/100 (Solid). It has been audited by ABDK, Guardian, and because it is non-custodial you keep control of your funds in your own wallet.

What are the trading fees on GMX?

GMX charges a maker fee of 0.06% and a taker fee of 0.06%.

What is the maximum leverage on GMX?

GMX offers up to 50× leverage on supported markets. High leverage is extremely risky and can liquidate a position quickly — only trade what you can afford to lose.

Which blockchains does GMX support?

GMX operates on Arbitrum, Avalanche.

Is GMX good for beginners?

Simple mental model: pick a market, set leverage, trade.