Price change (24h):
2.49%
High (24h):
$5.98
Low (24h):
$5.73
Volume (24h):
$3.61M
Market Cap:
$61.90M
All Time High:
93.48% $91.07
Apr 18, 2023
All Time Low:
17% $5.07
Jun 5, 2026
GMX
GMX57.47 %(1Y)
$5.93
About GMX
GMX (GMX) is a cryptocurrency launched in 2021 that powers the GMX decentralized exchange—a permissionless venue for trading over 70 assets with leverage up to 100x directly from self-custody wallets. The protocol categorizes squarely within decentralized finance, specializing in perpetual futures and spot derivatives across multiple blockchains.
The exchange removes counterparty risk inherent to centralized venues by maintaining full onchain custody of collateral at all times. Traders execute leveraged positions of up to 100x, while liquidity providers supply capital to isolated GM pools and GLV vaults, earning fees from the trading activity.
GMX operates on the Arbitrum One network. Token contracts also exist on Avalanche and Solana, establishing multichain access and cross-ecosystem liquidity routing.
The exchange’s settlement layer employs isolated liquidity pools—branded GM pools—and generalized liquidity vaults (GLVs) that consolidate capital to boost depth and reduce slippage. All order matching and position management executes through these immutable smart contracts, eliminating any central order book.
GMX launched in September 2021, originally on Arbitrum, before expanding to Avalanche and Solana. The protocol’s multichain roadmap targets comprehensive EVM integration, and its open-source codebase resides in the gambit-contracts repository on GitHub, subject to public audit.
The project’s long-term aim is to deliver a noncustodial trading environment that matches centralized exchanges in execution quality while preserving user sovereignty over assets. It pursues a permissionless marketplace where traders never cede control of their collateral.
Mechanically, the GMX token is the native digital asset of the exchange, tradable across 80 active pairs and 65 platforms. It serves as the benchmark unit for the protocol’s economic flywheel, representing a transferable stake in the ecosystem’s fee generation potential.
Market participants can acquire GMX on spot and derivatives markets to gain exposure to the DEX’s growth trajectory. Liquidity providers, meanwhile, deposit stablecoins or base assets into GM pools and GLV vaults, capturing a percentage of trading fees proportional to their contribution.
GMX has a maximum supply of 13,250,000 tokens. Currently, 10,385,589.39 GMX are in circulation. With a market capitalization of $71,767,937, GMX ranks #373 among all cryptocurrencies.
GMX Historical Price Data
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 07/07/2026 | $5.88 | $5.92 | $5.98 | $5.84 |
| 06/07/2026 | $5.89 | $5.89 | $6.01 | $5.73 |
| 05/07/2026 | $5.97 | $5.89 | $5.98 | $5.83 |
| 04/07/2026 | $6.01 | $5.97 | $6.08 | $5.87 |
| 03/07/2026 | $5.79 | $6.02 | $6.13 | $5.79 |
| 02/07/2026 | $5.71 | $5.79 | $5.80 | $5.57 |
| 01/07/2026 | $5.38 | $5.75 | $5.79 | $5.26 |
| 30/06/2026 | $5.52 | $5.38 | $5.68 | $5.38 |
Why is manual trading GMX a bad idea?
Manual gmx trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
-
AI trades 24/7 automatically Catch every opportunity
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Zero-emotion algorithm Disciplined strategy
-
Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
in cumulative assets under management since inception
2015
year of company foundation
FAQ
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GMX (GMX) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live GMX price, market cap, and 24-hour trading volume at the top of this page.
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The current price of GMX (GMX) is $5.93. Over the last 24 hours, it has moved 2.49%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy GMX on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.
The smartest way to manage your GMX investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading. -
GMX's price is influenced by overall crypto market trends, trading volume, investor sentiment, regulatory news, and macroeconomic events. High volatility is common - GMX can move 5-15% in a single day. This makes timing the market extremely difficult for manual traders but creates opportunities for systematic, data-driven strategies.
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We can’t provide investment advice. Whether GMX is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
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Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
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Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. GMX can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
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You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.
