GMX V1 Perps (GMX)
Total Value Locked$7.91m
TVL by Chain
Avalanche$4.87m
Arbitrum$3.04m
Key Metrics
Fees (Annualized)$313,089
Fees 30d$25,663
Fees 7d$4,932
Fees 24h$281
Cumulative Fees$302.59m
Revenue (Annualized)$93,891
Revenue 30d$7,696
Revenue 7d$1,479
Revenue 24h$84
Cumulative Revenue$90.78m
Holders Revenue (Annualized)$93,891
Holders Revenue 30d$7,696
Holders Revenue 7d$1,479
Holders Revenue 24h$84
Cumulative Holders Revenue$90.78m
Perp Volume 30d$17,240
Perp Volume 7d$2,502
Perp Volume 24h$0
Cumulative Perp Volume$146.143b
Open Interest$0
Staked$92.52m
$GMX Liquidity$12.24m
Uniswap V3$12.05m
Camelot V3$177,079
PancakeSwap AMM V3$10,087
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
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fees from open/close position (0.1%), swap (0.2% to 0.8%), mint and burn (based on tokens balance in the pool) and borrow fee ((assets borrowed)/(total assets in pool)*0.01%)View code on GitHubRevenue: Revenue is 30% of all collected fees, which goes to GMX stakersView code on GitHubHolders Revenue: 30% of all collected fees goes to GMX stakersView code on GitHubPerp Volume: Notional volume of all trades in the protocol, includes leverageView code on GitHubHacks
Date: Sep 18, 2022
Amount: $565,000
Classification: Ecosystem
Technique: Price Oracle Attack
Chains: Arbitrum
Language: Solidity
Target Type: DeFi Protocol
SourceDate: Jul 9, 2025
Amount: $42m
Classification: Protocol Logic
Technique: Re-entrancy Exploit
Chains: Arbitrum
Language: Solidity
Target Type: DeFi Protocol
Returned Funds: $40m
SourceIncome Statement for GMX V1 Perps
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fees | $945,541 | $14.44m | $3.26m | $3.97m | $4.32m | $8.41m | $16.78m | $20.18m | $12.55m | $38.91m | $51.63m | $34.5m | $30.21m | $23.82m | $27.72m | $9.92m | $1.02m |
| Revenue | $283,656 | $4.33m | $977,724 | $1.19m | $1.3m | $2.52m | $5.03m | $6.05m | $3.76m | $11.67m | $15.49m | $10.35m | $9.06m | $7.15m | $8.32m | $2.97m | $306,079 |
| Earnings | $283,656 | $4.33m | $977,724 | $1.19m | $1.3m | $2.52m | $5.03m | $6.05m | $3.76m | $11.67m | $15.49m | $10.35m | $9.06m | $7.15m | $8.32m | $2.97m | $306,079 |
| Token Holder Net Income | $283,656 | $4.33m | $977,724 | $1.19m | $1.3m | $2.52m | $5.03m | $6.05m | $3.76m | $11.67m | $15.49m | $10.35m | $9.06m | $7.15m | $8.32m | $2.97m | $306,079 |