GMX (GMX)

GMX (GMX) Price

Rank 299

$8.671
+$0.748(+9.45%)

Market Cap

$88.88M

24h High

$9.028

24h Low

$7.908

24h Turnover

$18.24K

Total Supply

10.38M

Market Sentiment

Neutral

Price of GMX (GMX) Today in USD

View GMX (GMX) Price Prediction

The live price of GMX (GMX) today is $8.671, with a 24h change of +9.45%. Over the same period, the low was $7.908, the high was $9.028, and the 24h trading volume was $18.24K. The current market cap is approximately $88.88M. It ranks #299 by market cap and accounts for 0.0016% of the total crypto market cap. The all-time high was $91.070 (⁦2023-04-18⁩); the current price is -90.48% from the all-time high.

GMX (GMX) Price History

  • 7 Days

    +3.86%

    Low
    $7.503
    High
    $9.028
  • 30 Days

    +8.94%

    Low
    $7.503
    High
    $9.121
  • 90 Days

    +41.68%

    Low
    $5.853
    High
    $9.121
  • 1 Year

    -14.73%

    Low
    $5.008
    High
    $11.760

Fear & Greed Index

0 Extreme Fear100 Extreme Greed
Yesterday
48
Normal
Last Week
63
Greed
Last Month
74
Greed

The Fear & Greed Index is currently 51/100, in the Normal zone; change from yesterday: +3, from last week: -12, and from last month: -23. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.

Why Did GMX (GMX) Rise in the Last 24 Hours?

GMX moved staking to new contracts on Arbitrum and Avalanche, with a 180-day exit waiting period. This may reduce the immediate willingness to trade staked tokens, but does not mean that all circulating supply is locked. A buyback and “解除质押锁定” have also been mentioned, which conflicts with the new waiting period; the buyback’s size, funding source and execution remain unspecified, limiting the support these expectations provide. An order-book snapshot dated 2026-10-28 showed shallow near-market depth on both sides, estimated at about $1,546 and $300, with a single large order concentrated in the top five bid levels. One snapshot does not establish sustained buying support, and volume data was unavailable. That day, hourly moving averages were bullish and RSI was overbought, while indicators on other timeframes were neutral. This points to stronger short-term momentum but does not confirm a medium- or long-term trend reversal.

About GMX (GMX)

GMX is a decentralized and sustainable exchange. The GMX token is a public utility and governance token, which should also be included in 30% of the costs incurred by the platform.

Use Cases and Features

GMX is the utility and governance token of the GMX platform. The GMX platform provides on-chain perpetual trading and liquidity services; holders can stake GMX to participate in governance and, according to their staking status, take part in the distribution mechanism funded by protocol-fee buybacks. Staking rewards are currently paused, and repurchased GMX accumulates in the treasury until it is distributed to stakers after specified conditions are met.

Supply and Issuance Mechanism

GMX has a projected maximum supply of 13.25 million tokens; minting beyond this cap requires approval by GMX holders through a governance vote. Historical allocations included XVIX and Gambit community migrations, ETH-paired liquidity, esGMX vesting, the treasury, integrations and community developer incentives, and a two-year linear distribution to contributors.

How to Buy and Use GMX (GMX)

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Frequently Asked Questions About GMX (GMX)

What is GMX?

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How do GMX protocol fees connect to the token mechanism?

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What is the purpose of staking GMX?

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Will staking GMX now provide rewards immediately?

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How is GMX supply controlled?

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How was GMX initially allocated?

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What should I note when transferring GMX across chains?

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Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

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