GMX

GMX Price

gmx

$8.16arrow-2.34%
24H
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$--
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Last updated: 2025-12-16 09:01:53

Price Statistics

Market Cap
84.73M
24H Volume
--
All-Time High
91.07
Circulating Supply
10.36M

How do you feel about GMX today?

Live GMX Price Summary

As of 2025年12月16日, the global cryptocurrency market cap is $84.73M with a -1.94% change in the last 24 hours. GMX's current price is $8.16, with a 24-hour trading volume of $--. GMX is -2.34% in the last 24 hours, with a circulating supply of 10.36M GMX coins and a maximum supply of 13.25M GMX coins. GMX ranks 470 by market cap. It has a 24H high of $8.65 recorded on 2025年12月16日, and its 24H low so far is $8.12, recorded on 2025年12月16日.

What Is the Highest Price of GMX?

GMX has an all-time high (ATH) of $91.07 , recorded on 2023年4月18日.

What Is the Lowest Price of GMX?

GMX has an all-time low (ATL) of $6.92, recorded on 2025年10月11日.

Price History (USD)

What Can You Do With GMX?

Trade on Our Spot Market

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Trade on Our Spot Market

Buy and sell crypto with real-time Spot prices—zero delays.

Trade in our Spot Market
Trade

Convert Your Crypto

Convert crypto at zero cost—fast, secure, and easy.

Convert Your Crypto
Convert

Earn Crypto Passively

Earn passive rewards—simply deposit your funds and watch them grow.

Earn Crypto Passively
Earn

Crypto Pre-Market Listings

Get early access to new tokens—trade them before they’re officially listed.

Crypto Pre-market Listings
Trade Now

Trade on Our Spot Market

Buy and sell crypto with real-time Spot prices—zero delays.

Trade in our Spot Market
Trade

Convert Your Crypto

Convert crypto at zero cost—fast, secure, and easy.

Convert Your Crypto
Convert

Earn Crypto Passively

Earn passive rewards—simply deposit your funds and watch them grow.

Earn Crypto Passively
Earn

Crypto Pre-Market Listings

Get early access to new tokens—trade them before they’re officially listed.

Crypto Pre-market Listings
Trade Now

About GMX (GMX)

What Is GMX (GMX)?

GMX is the utility and governance token for the GMX decentralized spot and perpetual exchange. 

As a platform, GMX capitalizes on decentralized finance (DeFi) to allow leveraged trading, market making, swapping tokens at low fees, and zero–price impact trading. It uses a unique, multi-asset automated market maker (AMM) model to provide liquidity for spot trading and derivatives. High-quality price feeds on GMX are supported by Chainlink oracles that source dynamic price data from various exchanges.

Its 30x extended perpetual futures trading, attractive rewards for liquidity providers and stakers, zero–price impact trades and low swap fees have made GMX particularly attractive to DeFi users.

What Is GMX Used For?

The two key roles of GMX tokens on the platform’s ecosystem are governance and staking.

GMX token holders can vote on various proposals designed to improve the GMX network. Additionally, you can stake GMX on Arbitrum or Avalanche to earn rewards. You can redeem your GMX staking rewards into your wallet, or compound them to increase the rewards that you receive. 

GMX Price

GMX has been performing fairly well since its September 2021 launch on Arbitrum at $15.73. After a slight drop to $11.97 that month, the token began a steady ascent, hitting its highest price of $62.10 in January 2022. 

In tandem with the bear market conditions that have persisted for most of 2022, the price gradually dropped to an all-time low of $11.53 in June. However, it bounced back remarkably well in the following months, and seems to be on a strongly bullish ascent. 

GMX Tokenomics

The maximum supply of GMX stands at 13.25 million tokens, but more can be minted through a governance vote with a 28-day time lock. The current GMX circulating supply is around 8 million (as of Sept. 2022), which can vary depending on the number of tokens that are vested. 

GMX is distributed as follows:

  • 7.5% to pre-sale participants 

  • 45.3% for absorption by token holders who decide to migrate to GMX following GMX’s rebranding from Gambit and the XVIV token merge 

  • 15.1% for the Floor Price Fund 

  • 30.2% divided equally for liquidity and reserve 

  • 1.9% for marketing and partnerships

Who Is the Founder of GMX? 

GMX was created following the merge of XVIX, XLGE, GMT and xGMT to form the GMX token. The network's roots can be traced to Gambit Protocol, which previously operated on BNB Chain (then Binance Smart Chain). However, Gambit’s community voted to migrate the protocol to Arbitrum, an Layer 2 solution on Ethereum. 

Two of the names that authorize the 2-of-3 multisig wallet associated with GMX are Benjamin Simon (co-founder and CEO of Stealth Crypto) and Krunal Amin (Founder and CEO of UniDex). 

Read more: GMX: Decentralized Spot and Perpetual Exchange

How to Store GMX

Since GMX is deployed on the Arbitrum and Avalanche blockchains, you can store GMX tokens in wallets compatible with them, such as Metamask and Trust Wallet. You can also safely store GMX in hardware wallets such as Ledger Nano X. 

Where to Buy GMX

You can buy GMX from any top crypto exchange, including Bybit. On Bybit, you can trade GMX/USDT on the spot market.

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Frequently Asked Questions (FAQ)

How much is GMX today?

As of 2025年12月16日, GMX (GMX) is trading at $8.16.

In the last 24 hours, the lowest price is $8.12, and the highest price is $8.65, with a trading volume of $--.

The market cap is $84.73M, ranking it #470 among all cryptocurrencies.

How much is one GMX ?

One GMX is $8.16.

The price may change throughout the day due to market volatility.

How to invest in GMX ?

Start by checking the price of GMX, see the 24 hour trading price from $8.12 to $8.65 and the total market cap of $84.73M. To start trading, create a Bybit account and complete Identity Verification Lv.1. Deposit via fiat or crypto. Once done, go to the GMX trading page to place an order.

Where to buy GMX?

You can buy GMX on Bybit. Sign up, fund your account, and start trading. You can also click the buy/trade button above.

How to buy GMX?

Sign up on Bybit and complete Identity Verification Lv.1. Deposit funds via fiat or crypto. Go to the trading page and search for GMX or GMX. Place a market order to buy at the current price of $8.16, or set a limit order of your targeted price. Once done, GMX will appear in your Bybit wallet.

How to sell GMX?

Log in to your Bybit account and go to the trading page. Type GMX into the search bar. Choose the trading pair you would like to transact. Place a market order to sell instantly, or set a limit order at your targeted selling price. Once sold, the funds will appear in your account. You can withdraw them or convert to another crypto.

Is GMX a good investment?

Determining if GMX is a suitable investment depends on several factors, including your risk tolerance, market research, and long-term financial goals. With a current price of $8.16 and a market capitalization of $84.73M (ranking it at #470), GMX has demonstrated significant activity. Its 24-hour trading range—from $8.12 to $8.65—and historical performance, highlighted by an all-time high of $91.07 on 2023年4月18日 and an all-time low of $6.92 on 2025年10月11日, provide valuable context. While these metrics are promising, it is essential to conduct your own research and consider professional financial advice to determine if this asset fits into your portfolio strategy.

How many GMX are there?

There are currently 10.36M GMX in circulation. The max supply is capped at 13.25M.

 

Disclaimer

Investments in cryptocurrencies, including but not limited to purchasing GMX and other digital assets through Bybit, carry significant market risk. Should the digital asset you are seeking not be currently available on Bybit, please be advised that it will be introduced in the near future. Bybit disclaims all liability for any results or outcomes of such investments. The information regarding pricing and other relevant data presented herein is derived from publicly available sources. This content does not reflect the official stance of Bybit and should not be construed as investment advice, a recommendation, or an offer to buy, sell, or hold any form of digital assets.

Investors are urged to thoroughly evaluate their financial capacity for trading or holding digital assets and are advised to seek consultation from qualified legal, tax, or investment professionals based on individual circumstances.

For comprehensive details, please review Bybit’s Terms of Service.

GMX Resources