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GMX V2 Perps (GMX)

Total Value Locked$308.81m

Chain Breakdown
Arbitrum	$280.76m
Avalanche	$22.8m
Solana	$5.25m

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Information

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 ($88.46m)Synthetix V3 ($77.7m)Derive V2 ($71.47m)Vertex Perps ($48.46m)Aevo Perps ($40.71m)Jupiter Perpetual Exchange ($1.4b)Ethereal ($897.82m)Drift Trade ($734.69m)dYdX V4 ($216.24m)Hyperliquid HLP ($164.37m)