GMX
GMX
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GMX price
in AEDAED53.18
+AED0.91825 (+1.75%)
AED
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Market cap
AED547.23M #137
Circulating supply
10.29M / 13.25M
All-time high
AED335.74
24h volume
AED39.74M
3.6 / 5
About GMX
GMX is a decentralized trading platform that allows users to trade cryptocurrencies with leverage directly from their wallets, without needing to deposit funds into a centralized exchange. Built on Arbitrum and Solana, GMX offers low fees, deep liquidity, and self-custodial security—meaning you control your assets at all times. Traders can go long or short on popular tokens, while liquidity providers earn fees from swaps, leverage trading, and market-making. GMX stands out for its community-driven approach, rewarding users who contribute to the ecosystem. Whether you're trading or providing liquidity, GMX combines the flexibility of DeFi with the efficiency of professional trading tools.
AI-generated
GMX’s price performance
Past year
-35.51%
AED82.46
3 months
-16.59%
AED63.76
30 days
-3.21%
AED54.95
7 days
-0.14%
AED53.26
GMX on socials
Today, along with a major revamp of the dApp interface, traders will notice a big improvement to the price impact mechanism as part of the GMX V2.2 upgrade.
Now, when you open positions, you do so at the mark price, and your position's price impact no longer affects your entry price. Instead, price impact is "stored" and only applied as net impact once you close your position.
This 'Post-Position Price Impact' mechanism significantly boosts the user experience for traders on GMX.
Previously, negative price impact also had no maximum limit when you opened or increased a position. Moving forward, net impact will be capped at 0.5% (50 basis points) for *any* position size, when it is calculated at the time of position close/decrease.
This means that any potential negative price impact is also capped, and the remaining amount will be returned to you as a rebate.
In the past, these rebates required a manual approval process for risk management purposes, which could take up to 10 days. Now, this will be an automatic approval process, and you can expect your claim to be ready in 5 days.
Fresh new UX update from @GMX_IO just dropped!
Blueberries ship 🫐
GMX 🫐
A major upgrade to the GMX dApp is now live:
🔹The interface has been fully revamped with new styles, including updated colors, and improved readability and usability
🔹The navigation menu has been streamlined
🔹A new 'Light Theme' mode is available
🔹All GMX V1 items were relocated to a dedicated interface, which can be accessed via the footer of the dApp
1/2 👇
Guides
Find out how to buy GMX
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Predict GMX’s prices
How much will GMX be worth over the next few years? Check out the community's thoughts and make your predictions.
View GMX’s price history
Track your GMX’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
GMX on OKX Learn
GMX vs Hyperliquid: Exploring Decentralized Derivatives and Innovative Risk Management
Introduction to GMX and Hyperliquid The decentralized finance (DeFi) ecosystem has experienced rapid innovation, particularly in the realm of derivatives trading platforms. Among the most prominent pl
Crypto Hacks Surge in 2025: GMX Exploit Highlights DeFi Vulnerabilities
GMX Exploit and the Rise of Crypto Hacks in 2025 Introduction The cryptocurrency industry in 2025 has witnessed an alarming surge in hacking incidents, with July alone recording $142 million in losses
Hyperliquid vs. GMX: Exploring Market Dominance, Innovations, and Challenges in Decentralized Futures Trading
Introduction to Hyperliquid and GMX in Decentralized Futures Trading The decentralized derivatives market has experienced explosive growth, with Hyperliquid and GMX emerging as key players in the spac
GMX V1 Exploit: $42M Lost in DeFi Attack, Highlighting Security Flaws
GMX V1 Exploit: A Comprehensive Analysis of the $42 Million Hack Overview of the GMX V1 Exploit and Its Impact On July 9, 2025, the decentralized exchange GMX V1 experienced a devastating exploit, res
Trade a wide selection of crypto on OKX
GMX FAQ
Currently, one GMX is worth AED53.18. For answers and insight into GMX's price action, you're in the right place. Explore the latest GMX charts and trade responsibly with OKX.
Cryptocurrencies, such as GMX, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as GMX have been created as well.
Check out our GMX price prediction page to forecast future prices and determine your price targets.
Dive deeper into GMX
GMX is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades and, as of writing, has the highest total value locked (TVL) of any project on Arbitrum. Trading is supported by a unique multi-asset pool that earns liquidity providers fees from market making, swap fees and leverage trading. $GMX is the utility and governance token.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
AED547.23M #137
Circulating supply
10.29M / 13.25M
All-time high
AED335.74
24h volume
AED39.74M
3.6 / 5