GMX
"Trade Crypto Perpetuals Up To 100x Leverage, No Middleman"
Rating & Utility
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How We Calculate Utility Score
Our Utility Score is calculated based on a weighted analysis of Platform Functionality, User Experience (UX), Ecosystem Integration, and Active Usage. We evaluate the practical value of the tools, feature availability, cross-chain support, and real-world adoption metrics across the Web3 ecosystem.
Note: Utility scores are dynamic and update as apps release new features or add network support. Users should evaluate features based on their own use cases.
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Overview
GMX is a decentralized spot and perpetual exchange operating on Arbitrum, Avalanche, Base, and other EVM-compatible chains, enabling traders to execute leveraged positions of up to 100x directly from their self-custody wallets. Its primary value lies in delivering the power of centralized derivatives trading—deep liquidity, competitive fees, and precise oracle-based pricing—without surrendering asset custody or relying on a central intermediary.
Launched in September 2021 as a rebrand and merger of Gambit Financial (BNB Chain) and XVIX (Ethereum), GMX rapidly established itself as the dominant derivatives DEX on Arbitrum and Avalanche. The protocol is governed by a decentralized autonomous organization (DAO) of over 300,000 token holders, with anonymous core developers and multi-signature wallet oversight. It has processed over $130 billion in cumulative trading volume across its user base of hundreds of thousands of traders and liquidity providers.
Secure
Non-custodial wallet trading with Chainlink oracle pricing eliminates centralized exchange custody and front-running risks entirely.
Performance
Processes perpetual trades across 90+ markets with sub-second oracle settlement on Arbitrum Layer-2, minimizing latency and gas costs.
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Rating & Utility
AVG Rating By Community
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How We Calculate Utility Score
Our Utility Score is calculated based on a weighted analysis of Platform Functionality, User Experience (UX), Ecosystem Integration, and Active Usage. We evaluate the practical value of the tools, feature availability, cross-chain support, and real-world adoption metrics across the Web3 ecosystem.
Note: Utility scores are dynamic and update as apps release new features or add network support. Users should evaluate features based on their own use cases.
Does GMX Have a Native Token?
Yes, GMX operates with a native token. Below are the details regarding its token information, blockchain network, and security audit status:
- Token Name:
GMX - Security Audit: Not Audited / Unverified
💡 INFO: Full token details and contract address are available below the Read More section in the main review.
Official Links
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