GMX Price
gmx
Price Statistics
GMX Live Price Summary
As of Jul 15, 2026, the total market cap is $61.21M with a change of +3.26% in the last 24 hours. The price of GMX today is $5.87. The 24 hour trading volume is $4.52M. The circulating supply of GMX is 10.44M with a maximum supply of 13.25M. GMX ranks 374 by market cap. The highest price in the last 24 hours is $5.97. The lowest price in the last 24 hours is $5.65.
GMX price analysis by TradeGPT
- GMX has recently established substantial bottom support within the $5.
- 3–$5.
- 5 range through large-scale DAO buybacks, reinforcing its long-term value center.
- In the short term, increased volatility is driven by macro geopolitical risks and liquidity contraction (such as the delisting of the USDC trading pair).
- The momentum for rebound has fluctuated.
- It is recommended to pay attention in batches when the price drops to the $5.
- 3 range; if it falls below this level, be alert to significant macro disruptions.
- If GMX stabilizes above $6.
- 0, a new round of valuation recovery could begin.
- Monitor liquidity restoration and changes in marginal sentiment in the North American market.
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GMX News
Crypto Market Rallies; US Inflation Data Shows First Decline Since 2020
Top Fed officials embrace cooler inflation reading, clamor for more
Fed’s Goolsbee: June CPI inflation data was “surprisingly benign”
Summary of key points from Federal Reserve Chairman Waller's hearing on July 14.
What Can You Do With GMX?
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 about GMX(GMX)
- As of Jul 15, 2026, GMX (GMX) is trading at $5.87.
- In the last 24 hours, the lowest price is $5.65, and the highest price is $5.97, with a trading volume of $4.52M.
- The market cap is $61.21M, ranking it #374 among all cryptocurrencies.
Disclaimer
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Price History (USD)
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