GMX price
in EUR€12.3166
+€0.38596 (+3.23%)
EUR
We can’t find that one.
Check your spelling or try another.
Check your spelling or try another.
Market cap
€126.03M #150
Circulating supply
10.24M / 13.25M
All-time high
€78.4024
24h volume
€15.18M
3.6 / 5


About GMX
GMX is a cryptocurrency that powers a decentralized trading platform designed for users who want more control over their investments. Unlike traditional exchanges, GMX operates on blockchain technology, meaning trades happen directly between users without relying on a central authority. This approach enhances transparency and security. GMX is primarily used for trading cryptocurrencies with low fees and no intermediaries, making it appealing to both beginners and experienced traders. Additionally, GMX holders can participate in the platform’s ecosystem by earning rewards or contributing to its growth. Whether you're new to crypto or exploring advanced tools, GMX offers a user-friendly way to engage with decentralized finance (DeFi) while maintaining ownership of your assets. It’s a step toward a more open and accessible financial system.
AI-generated
GMX’s price performance
Past year
-35.06%
€18.96
3 months
-7.78%
€13.35
30 days
+34.96%
€9.13
7 days
+16.55%
€10.57
GMX’s biggest 24-hour price drop was on Jan 3, 2024, (UTC+8), when it fell by €18.3634 (-33.19%). In Mar 2023, GMX experienced its biggest drop over a month, falling by €29.1361 (-39.14%). GMX’s biggest drop over a year was by €54.0951 (-69.00%) in 2023.
GMX’s all-time low was €8.1996 (+50.20%) on Apr 7, 2025, (UTC+8). Its all-time high was €78.4024 (-84.30%) on Apr 18, 2023, (UTC+8). GMX’s circulating supply is 10,239,331 GMX, which represents 77.27% of its maximum circulating supply of 13,250,000 GMX.
GMX in the news

Attackers earlier this week exploited a re-entrancy flaw in the OrderBook contract, allowing the attacker to manipulate short positions on BTC, inflate GLP’s valuation, and redeem it for outsized profits.

A portion of the stolen funds has already been bridged from Arbitrum to Ethereum.

One of the top decentralized perpetual exchanges, GMX, appears to have fallen victim to an...
GMX on socials

Chainlink launches on-chain strategic LINK reserve to boost long-term network saustainability
Chainlink has introduced the Chainlink Reserve, a new onchain treasury designed to accumulate its native token LINK using revenue from both enterprise clients and blockchain services.
The initiative aims to support the long-term sustainability of the Chainlink Network by converting off-chain and on-chain payments into LINK through its recently expanded Payment Abstraction infrastructure.
In its early launch phase, the Reserve has already amassed over $1 million worth of LINK.
Chainlink said it expects the Reserve to continue growing with no withdrawals planned for several years, positioning it as a long-term asset base to fund future development and network incentives.
Growing the reserve
Chainlink’s Payment Abstraction allows users to pay for services in a variety of tokens, including gas tokens, stablecoins, or even fiat, with all payments programmatically converted into LINK.
This system now extends to large-scale enterprise integrations, enabling corporations to pay off-chain while still contributing to the LINK economy. The mechanism facilitates conversions using Chainlink’s own infrastructure, CCIP, Automation, and Price Feeds, alongside Uniswap V3.
As demand for Chainlink’s services rises, particularly among major banks and capital markets institutions building tokenized asset infrastructure, the volume of converted payments is expected to increase.
The Chainlink Reserve operates as an Ethereum smart contract and includes a multi-day timelock for added security. A public dashboard is available at reserve.chain.link, offering transparency into its holdings and activity.
Strengthening the economic model
The Chainlink Reserve complements the protocol’s broader economic framework, which includes usage-based fees, staking-secured revenue sharing, and a Build program that supports early-stage projects in exchange for token commitments.
Protocols like Aave and GMX already contribute to LINK demand through MEV-sharing and data stream fees.
On the cost side, Chainlink is rolling out the Chainlink Runtime Environment (CRE), which consolidates redundant infrastructure across blockchains and reduces operational overhead. These improvements are designed to increase capital efficiency while maintaining high service reliability.
With over $80 billion in value secured across over 60 blockchains and more than 2,000+ oracle feeds, Chainlink remains the dominant provider of decentralized data infrastructure.
The Chainlink Reserve is intended to ensure this position strengthens as the next wave of blockchain adoption, driven by tokenized real-world assets and stablecoins, unfolds.
The post Chainlink launches on-chain strategic LINK reserve to boost long-term network saustainability appeared first on CryptoSlate.

Why I put @Aptos in the Crab category:
- Strong tech and high TPS
Aptos uses the Move VM and parallel execution, giving it a theoretical throughput of over 100k TPS; it has reached a max TPS of 12,993 already. Infrastructure-wise, it’s top-tier.
- Small ecosystem
Despite the tech, developer, and user activity is lagging. It has a TVL of just ~$1b, and low DEX volume, few transactions, and a conservative stablecoin supply.
- No killer app
Aptos lacks a flagship application, nothing equivalent to a GMX, Uniswap, Pumpfun, Zora, etc. Without a product market fit that retains users daily or defines the chain, it remains a “build-first, hope later” environment.


With $1.1m accumulated in 24 hours, the switch is on for $LINK, here is what this means:
1. Perpetual, protocol backed buy ups
Every dollar of off-chain enterprise revenue and on-chain service fees are automatically swapped into the $LINK token and locked into a multi year reserve.
2. First of its kind, reserve -> accrual model
The functionality of buy-back and burn funded by speculative activity shall be outmatched by ongoing revenue streams systematically getting swapped into the $LINK token.
3. Blue chip enterprise demand fueling growth
Hundreds of millions in revenue have already flowed into Chainlink from leading banking and capital-markets firms alongside cutting-edge DeFi protocols like GMX (which shares 1.2% of its trading fees) and Aave (35% of recaptured MEV fees). As these institutions continue to integrate Chainlink’s oracle, cross-chain, and data-stream services, that steady enterprise spend directly bolsters the on-chain reserve.
4. Compounding utility and tokenomics synergy
Chainlink’s modular services (Price Feeds, CCIP, Automation, Functions, etc.) drive network usage and every usage event can funnel back into LINK via the Reserve. This creates a virtuous cycle: more services -> more fee revenue -> more LINK accumulation -> stronger token economics, reinforcing long-term value.
5. Alignment of incentives across stakeholders
By design, the Reserve benefits every LINK holder, node operator, and staker. As adoption grows, the size of the locked-up pool swells, reducing circulating supply pressure and signaling to the market that real-world demand is underpinning price support. This kind of transparent, revenue-backed alignment simply doesn’t exist with any other oracle or “used token” in crypto.

Chainlink
We're excited to announce the launch of the Chainlink Reserve, a new upgrade centered on the creation of a strategic onchain reserve of LINK tokens.
The Chainlink Reserve is designed to support the long-term growth and sustainability of the Chainlink Network by accumulating LINK tokens using offchain revenue from large enterprises that are adopting the Chainlink standard and from onchain service usage.
The Chainlink Reserve is being built up by using Payment Abstraction to convert offchain and onchain revenue into LINK, using a combination of Chainlink services and decentralized exchange infrastructure.
Demand for Chainlink has already created hundreds of millions of dollars in revenue, substantially from large enterprises that have paid offchain for access to the Chainlink Platform.
With increasing demand from a number of the world’s largest banking and capital markets institutions, this form of paying for the Chainlink standard is expected to grow into the future as the industry grows.
The Reserve has already accumulated over $1M worth of LINK from this early stage launch phase, which is expected to gradually grow in the coming months as more revenue is converted into LINK and placed into the Reserve.
We do not expect any withdrawals from the Reserve for multiple years and thus it is expected to grow over time. We believe that as the industry demand for Chainlink’s unique capabilities increases, that adoption of Chainlink services will enable the Reserve to grow further.
🧵👇
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.

GMX on OKX Learn
Crypto Hacks Surge in 2025: GMX Exploit Highlights DeFi Vulnerabilities
GMX Exploit and the Rise of Crypto Hacks in 2025 Introduction The cryptocurrency industry in 2025 has witnessed an alarming surge in hacking incidents, with July alone recording $142 million in losses

Hyperliquid vs. GMX: Exploring Market Dominance, Innovations, and Challenges in Decentralized Futures Trading
Introduction to Hyperliquid and GMX in Decentralized Futures Trading The decentralized derivatives market has experienced explosive growth, with Hyperliquid and GMX emerging as key players in the spac

GMX V1 Exploit: $42M Lost in DeFi Attack, Highlighting Security Flaws
GMX V1 Exploit: A Comprehensive Analysis of the $42 Million Hack Overview of the GMX V1 Exploit and Its Impact On July 9, 2025, the decentralized exchange GMX V1 experienced a devastating exploit, res

GMX: Revolutionizing Decentralized Trading Amid Security Challenges
Overview of GMX as a Decentralized Exchange (DEX) GMX is a decentralized exchange (DEX) that has rapidly gained prominence in the cryptocurrency space for its innovative approach to trading. Launched

GMX FAQ
Currently, one GMX is worth €12.3166. 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.
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
€126.03M #150
Circulating supply
10.24M / 13.25M
All-time high
€78.4024
24h volume
€15.18M
3.6 / 5

