GMX price
in TRY₺539.20
+₺16.2043 (+3.09%)
TRY
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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


About GMX
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
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

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

Guides
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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.
OKX TR 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 TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR 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 TR 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 TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR 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
₺5.51B #166
Circulating supply
10.22M / 13.25M
All-time high
₺3,703.09
24h volume
₺273.24M
3.6 / 5

