GMX price

in TRY
₺539.20
+₺16.2043 (+3.09%)
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Market cap
₺5.51B #166
Circulating supply
10.22M / 13.25M
All-time high
₺3,703.09
24h volume
₺273.24M
3.6 / 5
GMXGMX
TRYTRY

About GMX

DeFi
Official website
Github
Block explorer
CertiK
Last audit: Jun 3, 2021, (UTC+8)

GMX’s price performance

Past year
-55.13%
₺1.20K
3 months
-13.35%
₺622.25
30 days
-2.99%
₺555.81
7 days
-1.49%
₺547.30
76%
Buying
Updated hourly.
More people are buying GMX than selling on OKX TR

GMX on socials

Abdul
Abdul
perps dex volumes hit a new all-time high of $900b in q2, with hyperliquid dominance peaking at 77% in may higher
Crypto Rand
Crypto Rand
The #DePIN landscape continues to evolve and showing good signs of bouncing back, currently up around 30% in the last 30 days. 👌 What DePIN projects are you looking at? I read you 👇
Tim哥
Tim哥
Arbitrum Weekly Data Observation and Interpretation As the most active Layer 2 on Ethereum, Arbitrum has shown strong ecological growth momentum in the past week. Not only are the numbers impressive, but more importantly, it has gradually transformed from a mere "scaling tool" into an ecological platform with an endogenous economic system and strong capital-raising capabilities. We analyze its performance from the following dimensions: 1. Timeboost: Turning "block sorting rights" into a cash cow for DAOs The Timeboost sorting mechanism launched by Arbitrum has generated a net income of $2.62 million for DAOs within 3.5 months, accounting for 96% of total revenue, all of which is pure profit. This mechanism essentially has users paying for "transaction priority." Through private mempool bidding, users can seize opportunities, while Arbitrum DAO profits from this. This not only optimizes user experience but also turns sorting rights into a monetizable resource. This is currently the most creative "on-chain native profit model" among all L2s. It shows that L2s do not have to rely on airdrops or financing to sustain themselves; Arbitrum is exploring a truly sustainable ecological self-circulation. And this is just the beginning; as trading activity increases, the earnings from Timeboost will only become more stable, ensuring long-term development for the DAO. 2. Perpetual Contract Ecosystem: Behind the $837 billion trading volume is a dual validation of liquidity and confidence Arbitrum has become the most active derivatives trading venue among Layer 2s, with a cumulative perpetual contract trading volume exceeding $837 billion, driven by major platforms like GMX, Gains, and Hyperliquid, forming a derivatives ecosystem with significant depth and activity. Among them: ▶️ GMX offers no-slippage trading + multi-asset GLP pools, with a TVL exceeding $100 million; ▶️ Gains Network and Hyperliquid continue to make strides in UI and market coverage. Derivatives are the advanced form of DeFi, and attracting institutions and high-frequency traders is the standard for measuring whether an L2 has "professional trading infrastructure." Arbitrum has clearly passed this test; additionally, the extremely high trading volume indicates that users not only come but also stay. 3. Spiko Finance: Using government bonds to make RWA a hot topic @Spiko_finance's EU government bond token launched on Arbitrum has surpassed $150 million in AUM, making it the fastest-growing among all deployed chains. There are two important supports behind this: DAO support: Arbitrum DAO invested $35 million in ARB to promote RWA projects; Technical adaptation: Arbitrum's high throughput and low gas characteristics perfectly match the high-frequency trading needs of RWA. The core of RWA is trust; if the chain is not chosen well, traditional asset parties will not participate. Spiko's explosive growth on Arbitrum is an important stepping stone for Arbitrum in "bridging traditional finance with DeFi." Don't forget that there may also be a large number of institutions participating quietly behind this. Arbitrum July Comprehensive Data Summary: TVL exceeds $2.5 billion, firmly ranking among the top L2s Stablecoin circulation reaches $6.6 billion, with strong capital activity DAO treasury reaches $1.2 billion, available for long-term ecological incentives Cross-chain bridge net inflow of $1.9 billion, far exceeding chains like Avalanche and Unichain. Arbitrum is everywhere 🫡 @arbitrum @arbitrum_cn #Arbitrum

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GMX FAQ

Currently, one GMX is worth ₺539.20. 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 TR.
Cryptocurrencies, such as GMX, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR 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 TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. 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.

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Market cap
₺5.51B #166
Circulating supply
10.22M / 13.25M
All-time high
₺3,703.09
24h volume
₺273.24M
3.6 / 5
GMXGMX
TRYTRY
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