GMX Price

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GMX (GMX) price has declined today.

The price of GMX (GMX) is $51.68 today with a 24-hour trading volume of $16,455,025.72. This represents a -7.50% price decline in the last 24 hours and a -14.00% price decline in the past 7 days. With a circulating supply of 8.9 Million GMX, GMX is valued at a market cap of $459,140,923.

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.

Dynamic pricing is supported by Chainlink Oracles along with TWAP pricing from leading volume DEXs.

Read this article for a detailed guide to GMX.

Where can you buy GMX?

GMX tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade GMX is Bitget, where the most active trading pair GMX/USDT has a trading volume of $305,677.51 in the last 24 hours. Other popular options include BingX and Bitrue.

What is the daily trading volume of GMX (GMX)?

The trading volume of GMX (GMX) is $16,607,833.28 in the last 24 hours, representing a 87.90% increase from one day ago and signalling a recent rise in market activity.

What is the all-time high for GMX (GMX)?

The highest price paid for GMX (GMX) is $91.07, which was recorded on Apr 18, 2023 (3 months). Comparatively, the current price is -43.30% lower than the all-time high price.

What is the all-time low for GMX (GMX)?

The lowest price paid for GMX (GMX) is $11.53, which was recorded on Jun 15, 2022 (about 1 year). Comparatively, the current price is 347.60% higher than the all-time low price.

What is the market cap of GMX (GMX)?

Market capitalization of GMX (GMX) is $459,140,923 and is ranked #91 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of GMX tokens (8.9 Million tokens are tradable on the market today).

What is the fully diluted valuation of GMX (GMX)?

The fully diluted valuation (FDV) of GMX (GMX) is $684,599,120. This is a statistical representation of the maximum market cap, assuming the maximum number of 13 Million GMX tokens are in circulation today. Depending on how the emission schedule of GMX tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of GMX compare against its peers?

With a price decline of -14.00% in the last 7 days, GMX (GMX) is underperforming the global cryptocurrency market which is down -0.70%, while underperforming when compared to similar Avalanche Ecosystem cryptocurrencies which are up 5.80%.

What is the market sentiment of GMX today?

The community is bullish as more than 76% of users are feeling good about GMX (GMX) today.

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