GMX price

in AED
AED38.67
-- (--)
AED
Market cap
AED398.87M
Circulating supply
10.33M / 13.25M
All-time high
AED335.7
24h volume
AED39.42M
Rating
3.6 / 5
GMXGMX
AEDAED

About GMX

GMX is a decentralized cryptocurrency designed to power a unique trading ecosystem. It serves as the native token for the GMX platform, a decentralized exchange (DEX) that specializes in perpetual futures and spot trading. Built on blockchain technology, GMX enables users to trade directly from their wallets, ensuring self-custody and minimizing counterparty risks. The token plays a vital role in the platform by facilitating governance, rewarding liquidity providers, and sharing a portion of trading fees with token holders. With its focus on transparency, efficiency, and user empowerment, GMX is a key player in the growing decentralized finance (DeFi) landscape, offering innovative solutions for traders and investors alike.
AI insights
DeFi
Official website
Github
Block explorer
CertiK
Last audit: 3 Jun 2021, (UTC+8)

Disclosures

GMX risk

This material is for informational purposes only and is not exhaustive of all risks associated with trading GMX. All crypto assets are risky, there are general risks in investing in GMX. These include volatility risk, liquidity risk, demand risk, forking risk, cryptography risk, regulatory risk, concentration risk & cyber security risk. This is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold crypto assets; or (iii) financial, accounting, legal or tax advice. Profits may be subject to capital gains tax. You should carefully consider whether trading or holding crypto assets is suitable for you in light of your financial situation. Please review the Risk Summary for additional information.

Investment Risk

The performance of most crypto assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto assets.

Lack of Protections

Crypto assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto asset investments.

Liquidity Risk

There is no guarantee that investments in crypto assets can be easily sold at any given time.

Complexity

Investments in crypto assets can be complex, making it difficult to understand the risks associated with the investment. You should do your own research before investing. If something sounds too good to be true, it probably is.

Concentration Risk

Don't put all your eggs in one basket. Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on anyone to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments.

Five questions to ask yourself

  1. Am I comfortable with the level of risk? Can I afford to lose my money?
  2. Do I understand the investment and could I get my money out easily?
  3. Are my investments regulated?
  4. Am I protected if the investment provider or my adviser goes out of business?
  5. Should I get financial advice?

GMX’s price performance

Past year
-54.26%
AED84.54
3 months
-22.06%
AED49.62
30 days
-30.08%
AED55.31
7 days
-19.75%
AED48.18

GMX on socials

더 쓰니 | THE SSUNI Ⓜ️Ⓜ️T
더 쓰니 | THE SSUNI Ⓜ️Ⓜ️T
Comparison of consumer applications and interactive gaming economic infrastructure - @rainbowdotme, @jointheparti, @AnichessGame Rainbow, PARTI, and Anichess each demonstrate different directions of web3 consumer infrastructure. Rainbow is a mobile-centric self-custody wallet supporting 16 EVM networks, having secured over 30 million monthly active users through an intuitive user experience and multi-chain integration. PARTI is a creator-centric streaming platform designed to allow creators to retain 100% of their earnings by introducing a privacy-preserving economic structure based on the Partisia blockchain. Anichess is a chess-themed web3 game that introduces an order (Spell) system based on a partnership with Chess.com, showing rapid growth with over 100,000 active users within three months of launch. Rainbow is a wallet application developed on React Native, supporting multiple networks and achieving fast transaction processing and low costs through a Layer-2-centric structure. Its main feature is the multi-chain user interface abstraction via the RainbowKit SDK, allowing users to explore and transact across various chains without separate technical understanding. Onboarding can be completed in 2-5 minutes, and convenience features such as biometric authentication, hardware wallet connection, and NFT gallery are included. User ratings stand at 4.6 (over 3,700 reviews), with its concise and intuitive design being highlighted as a strength. PARTI is a hybrid platform that combines the streaming experience of Web2 with the reward structure of Web3. Users can start broadcasting instantly through social login, and later link their wallets for revenue settlement and NFT minting. The platform utilizes the MPC structure of the Partisia blockchain to process transactions while protecting personal information. Creators form a reciprocal reward structure with streaming viewers and receive rewards based on their activities through a tokenized point system called Parti Points. Currently, about 25,000 crew members are active, and over 730,000 missions have been completed. Anichess provides a differentiated experience by combining the universal game rules of chess with elements of spells and magic among blockchain-based games. Users can enjoy the game directly in their browser without separate cryptocurrency knowledge, rapidly spreading with a user base of over 200 million. In-game rewards are provided through M8 points, which will later be converted to $CHECK tokens. The Base network serves as the main transaction layer, while Ethereum is used for advanced NFT issuance. In terms of economic structure, Rainbow generates approximately $2.16 million in annual revenue centered around swap fees and bridge fees. PARTI has not yet issued tokens, but operates its main reward system through points earned from streaming and NFT sales, with initial cross-chain activities reported at around $50 million. Anichess's token economy is not yet complete, but the community-based token distribution rate reaches 55%, with a fully diluted market cap expected to be around $35 million. The three platforms target different user bases. Rainbow primarily targets mobile-centric users such as DeFi users and NFT collectors, showing an annual growth rate of over 25%. PARTI focuses on Web3 creators and streamers, emphasizing the creator economy. Anichess targets strategy game users, particularly chess fans and esports participants. In terms of security, Rainbow is an open-source wallet based on GPL-3.0 that has undergone community audits and is compatible with hardware wallets. PARTI maintains a data protection system compliant with GDPR and the AI Act, while Anichess has passed a smart contract audit by OAK Security, with no security issues reported since its launch. Rainbow is pushing for market share expansion based on lower fees (0.85%) compared to MetaMask and mobile user-friendliness, with the upcoming launch of the $RNBW token in Q4 2025 expected to enhance platform competitiveness. PARTI presents an innovative model that returns all earnings to creators, breaking away from the structure where existing streaming platforms take more than half of the revenue. Anichess is leading the popularization of Web3 games through partnerships with industry leaders like Magnus Carlsen. Overall, Rainbow is at the most mature stage in terms of user experience and developer ecosystem, while PARTI shows a new attempt to technically address the income imbalance issue for content creators. Anichess exemplifies a natural fusion of blockchain economics with traditional gaming, demonstrating the potential of web3 gaming. All three projects showcase specific technical approaches to solving the structural limitations of existing web2, presenting various evolutionary directions for next-generation consumer-centric web3 infrastructure.
Artemis
Artemis
🫡
Andy
Andy
unofficial perp dex rankings: 1. hyperliquid 2. lighter 3. aster 4. edgeX 5. jupiter 6. ostium 7. paradex 8. backpack 9. gmx 10. dydx 11. variational 12. pacifica 13. extended 14. reya 15. hibachi 16. vest 17. gains network
Fiddius Maximus - privacy/acc 🦡
Fiddius Maximus - privacy/acc 🦡
$DIME szn 🔥

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.
Own GMX in 3 steps

Create a free OKX account

Fund your account

Choose your crypto

Trade a wide selection of crypto on OKX

GMX FAQ

Currently, one GMX is worth AED38.67. 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.
Market cap
AED398.87M
Circulating supply
10.33M / 13.25M
All-time high
AED335.7
24h volume
AED39.42M
Rating
3.6 / 5
GMXGMX
AEDAED
Kick-start your crypto journey with OKX