Total Value Locked$204.32m
TVL by Chain
Arbitrum$195.15m
Avalanche$8.56m
MegaETH$610,970.52
Botanix$0
Key Metrics
Fees 30d$1.89m
Fees 30d by chain
Arbitrum$1.79m
Avalanche$101,850
MegaETH$0
Fees 7d$229,982
Arbitrum$216,634
Avalanche$13,348
MegaETH$0
Fees 24h$25,345
Arbitrum$22,442
Avalanche$2,903
MegaETH$0
Cumulative Fees$163.19m
Arbitrum$152.53m
Avalanche$10.67m
MegaETH$0
Revenue 30d$700,540
Revenue 30d by chain
Arbitrum$662,857
Avalanche$37,683
MegaETH$0
Revenue 7d$85,093
Arbitrum$80,155
Avalanche$4,938
MegaETH$0
Revenue 24h$9,378
Arbitrum$8,304
Avalanche$1,074
MegaETH$0
Cumulative Revenue$60.38m
Arbitrum$56.43m
Avalanche$3.95m
MegaETH$0
Holders Revenue 30d$511,206
Holders Revenue 30d by chain
Arbitrum$483,707
Avalanche$27,499
MegaETH$0
Holders Revenue 7d$62,094
Arbitrum$58,491
Avalanche$3,603
MegaETH$0
Holders Revenue 24h$6,843
Arbitrum$6,059
Avalanche$784
MegaETH$0
Cumulative Holders Revenue$44.06m
Arbitrum$41.18m
Avalanche$2.88m
MegaETH$0
Perp Volume 30d$2.611b
Perp Volume 30d by chain
Arbitrum$2.505b
Avalanche$105.42m
MegaETH$171,574
Perp Volume 7d$276.78m
Arbitrum$263.47m
Avalanche$13.3m
MegaETH$10,109
Perp Volume 24h$32.98m
Arbitrum$29.23m
Avalanche$3.75m
Cumulative Perp Volume$189.426b
Arbitrum$182.077b
Avalanche$7.316b
MegaETH$26.77m
Botanix$6.03m
$45.86m
Protocol Information
GMX is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades. Trading is supported by a unique multi-asset pool that earns liquidity providers fees from market making, swap fees, leverage trading (spreads, funding fees & liquidations) and asset rebalancing.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fees from opening/closing perpetual positions, borrowing fees, swap fees, liquidation fees, and positive price impact distributed from the impact pool, decoded from EventEmitter logsView code on GitHubRevenue: 37% of all collected fees - split between protocol treasury (10%) and GMX token holders (27%)View code on GitHubHolders Revenue: 27% of all fees goes to GMX token stakersView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubYields
Pools Tracked136
Average Supply APY8.49%
Competitors
Frequently Asked Questions
What is GMX V2 Perps' TVL?
GMX V2 Perps currently has $204.32m in total value locked. TVL has increased 13.6% over the past 30 days.
What chains does GMX V2 Perps operate on?
GMX V2 Perps operates on 4 chains: Arbitrum, Avalanche, MegaETH, and Botanix. Arbitrum holds the largest share at 95.5%.
How much has GMX V2 Perps generated in fees and revenue?
Over the past 30 days, GMX V2 Perps generated $1.89m in fees. Of that, $700,540 was protocol revenue. Based on the trailing year, the annualized rate is $29.09m in fees and $10.76m in revenue.
How does GMX V2 Perps' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, GMX V2 Perps ranks #2 by TVL. The category holds $2.055b across 424 protocols, and GMX V2 Perps accounts for 10% of that total. Other leading protocols include Gains Network, MUX Perps, Contango V2, GMX V1 Perps, ApeX Pro, Jarvis Network, Voltz, Aboard Exchange, Vertex Perps, and RubyDex.
How much perpetual futures volume does GMX V2 Perps process?
GMX V2 Perps processed $2.611b in perpetual futures volume over the past 30 days.

