Overview
GMX(GMX)
Token Price$8.35
24h Change+0.44%
All Time HighApr 18, 2023$91.07
All Time LowJul 1, 2026$4.81
Key Metrics
$87.44m
$87.44m
10.47m GMX
13.25m GMX
$110.64m
Volume 24h$11.79m
CEX$10.54m
Spot$2.81m
USD Perp$7.73m
COIN Perp$0
DEX$1.25m
Spot$0
USD Perp$1.25m
COIN Perp$0
Open Interest$6.31m
CEX$5.17m
USD Perp$5.17m
COIN PerpN/A
DEX$1.13m
USD Perp$1.13m
COIN PerpN/A
Treasury$23.73m
$9.18m
Stablecoins$10.11m
Own Tokens$2.58m
Others$1.86m
Token Information
Income Statement for GMX
Include incomes from GMX

| Q4 2026* | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gross Protocol Revenue | $2.2M | $14.51M | $13.97M | $10.62M | $7.55M | $16.44M | $29.89M | $23.66M | $27.73M | $17.99M | $27.41M | $37.85M | $28.41M | $13.31M | $38.91M | $51.63M | $34.5M | $30.21M | $23.82M | $27.72M | $9.92M | $1.02M |
| Margin Fees | $301.25K | $4.47M | $5.97M | $8.16M | $6.98M | $14.46M | $14.1M | $17.3M | $23.64M | $13.67M | $19M | $21.07M | $8.23M | $765.25K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Token Swap Fees | $9.89K | $41.27K | $5.7K | $2.27K | $1.01K | $1.15K | $4.58K | $56.32K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Liquidation Fees | $38.53K | $396.8K | $364.11K | $546.78K | $495.84K | $909.17K | $1.25M | $1.95M | $125.2K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Trading Fees | $1.84M | $9.59M | $7.63M | $1.91M | $66.91K | $125.17K | $94.53K | $1.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Mint/Redeem Fees | $0 | $0 | $0 | $0 | $0 | $160 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Price Impact | $1.67K | $12.34K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Cost of Revenue | $1.6M | $10.29M | $9.72M | $6.92M | $4.73M | $10.38M | $19.81M | $14.75M | $17.75M | $11.64M | $17.86M | $25.02M | $19.31M | $9.27M | $27.24M | $36.14M | $24.15M | $21.15M | $16.67M | $19.41M | $6.94M | $714.18K |
| Margin Fees | $189.79K | $2.82M | $3.76M | $5.14M | $4.4M | $9.11M | $8.88M | $10.9M | $14.89M | $8.61M | $11.97M | $13.27M | $5.19M | $482.11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Token Swap Fees | $6.29K | $26.76K | $4.26K | $1.67K | $303.74 | $345.62 | $1.37K | $16.9K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Liquidation Fees | $24.28K | $249.98K | $229.38K | $344.47K | $312.38K | $572.78K | $787.24K | $1.23M | $78.87K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Trading Fees | $1.38M | $7.19M | $5.72M | $1.43M | $20.07K | $37.55K | $28.36K | $329.64K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Mint/Redeem Fees | $0 | $0 | $0 | $0 | $0 | $33 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Price Impact | $1.05K | $7.77K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Gross Profit | $590.95K | $4.22M | $4.25M | $3.7M | $2.81M | $6.06M | $10.08M | $8.91M | $9.98M | $6.35M | $9.55M | $12.83M | $9.1M | $4.05M | $11.67M | $15.49M | $10.35M | $9.06M | $7.15M | $8.32M | $2.97M | $306.08K |
| Margin Fees | $111.47K | $1.65M | $2.21M | $3.02M | $2.58M | $5.35M | $5.22M | $6.4M | $8.75M | $5.06M | $7.03M | $7.8M | $3.05M | $283.14K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Token Swap Fees | $3.6K | $14.51K | $1.43K | $601.92 | $706.35 | $803.36 | $3.2K | $39.42K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Liquidation Fees | $14.26K | $146.82K | $134.71K | $202.31K | $183.46K | $336.39K | $462.35K | $721.17K | $46.32K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Trading Fees | $461.02K | $2.4M | $1.91M | $479.74K | $46.84K | $87.62K | $66.17K | $769.15K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Mint/Redeem Fees | $0 | $0 | $0 | $0 | $0 | $160 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Price Impact | $618 | $4.57K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Earnings | $590.95K | $4.22M | $4.25M | $3.7M | $2.81M | $6.06M | $10.08M | $8.91M | $9.98M | $6.35M | $9.55M | $12.83M | $9.1M | $4.05M | $11.67M | $15.49M | $10.35M | $9.06M | $7.15M | $8.32M | $2.97M | $306.08K |
Token Holder Net Income | $94.72K | $1.33M | $1.71M | $2.35M | $2.04M | $4.48M | $8.51M | $6.26M | $7.61M | $4.99M | $7.65M | $10.72M | $8.28M | $3.97M | $11.67M | $15.49M | $10.35M | $9.06M | $7.15M | $8.32M | $2.97M | $306.08K |
| Margin Fees | $81.34K | $1.21M | $1.61M | $2.2M | $1.88M | $3.9M | $3.81M | $4.67M | $6.38M | $3.69M | $5.13M | $5.69M | $2.22M | $206.62K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Token Swap Fees | $2.53K | $9.43K | $22.53 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Liquidation Fees | $10.41K | $107.14K | $98.3K | $147.63K | $133.87K | $245.47K | $337.39K | $526.26K | $33.8K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Token Buy Back | $0 | $0 | $0 | $2.06K | $24.45K | $45.48K | $35.68K | $86.76K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Mint/Redeem Fees | $0 | $0 | $0 | $0 | $0 | $14 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Price Impact | $449 | $3.33K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Risks
How much debt can be issued against GMX as collateral across lending protocols.
Maximum possible exposure to GMX
$280,163
$279,703 (max additional borrows against GMX) + $460.75 (bad debt if GMX was hacked now)
Compound V3
$280,163 at-risk exposure = $460.75 bad debt if hacked + $279,703 additional borrowable against GMX
Methodology and limitations
Showing collateral exposure for GMX on Arbitrum. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.
- These metrics describe lending exposure only and are not a full protocol risk rating.
- This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
- Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
Show exposure details
Each row is one protocol-chain exposure for GMX as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.
Markets
Token Rights and Value Accrual
GMX
GMXsGMXGLVGMValue accrues through buybacks and distribution of platform fees
Token Usage
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Unlocks
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Yields
Showing 10 of 21 pools
Borrow
Showing 10 of 15 routes
