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GMX Price

GMX Price (GMX)

Contract Address: 9wX6Qz...kmYUSX
$8.71+0.44% in the past 24 hrs
Page last updated: 10/17/26, 1:21 AM (UTC)

GMX Market Stats

Popularity
#198
Market Cap
$93M
Volume (24hours)
$7.2M
Circulation Supply
10.7M•80.6%
Total Maximum Supply
13.3M
Fully Diluted Market Cap
$115.4M
Issue Date
Sep 1, 2021
GMX Resources
Official GMX Website
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GMX Price
GMX
You Spend
Rate
1 GMX ≈ USD 8.7123145
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Price of GMX Today

The live price of GMX is $8.71 per (GMX / USD) with a current market cap of $93M USD. 24-hour trading volume is $7.2M USD. GMX to USD price is updated in real-time. GMX is +0.44% in the last 24 hours with a circulating supply of 10.7M.

GMX Price History

24H
7D
1M
3M
1Y

All Time High

$90.89

Current

$8.71

24H High

$9.12

24H Low

$8.55

24H Change

+0.44%

Crypto Market Sentiments

Fear & Greed Index

49
Fear
Extreme Fear
Fear
Greed
Extreme Greed

How do you feel about GMX today?

0%
0%
Note: This information is for reference only.
In the past 24 hours, Binance clients bought 0 GMX worth $0
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Why Is GMX (GMX) Up Today?Powered by AI
an hour ago

GMX rose 0.8% over 24h, retracing from a $9.04 high as overbought conditions met steady capital outflows.

What's Driving GMX's Price?

  • Derivatives narrative momentum (High): Ongoing interest in decentralized perpetual exchanges supported token accumulation and sector exposure.
  • Impulsive volume surges (Medium): Targeted volume spikes exceeding $140K–$166K drove a rapid breakout attempt toward $9.04 → price rejected upper Bollinger Band resistance.
  • Trendline support defense (Medium): Pullback stabilized as EMA 99 ($8.57) and middle Bollinger Band cushioned the drop → RSI rebounded above 55.
Not advice. Information provided on an “as is” basis, without endorsement representation or warranty. Please DYOR.

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Why Use Binance to Track GMX Price?

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Track live GMX price movements, market cap, trading volume, and other key metrics to stay informed about GMX market activity.

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Why KYC Verification is Important for Buying and Selling GMX

KYC (Know Your Customer) verification is required to buy, sell, and trade GMX securely on Binance. KYC standards are required to protect your account against fraud, corruption, money laundering, and terrorist financing. Binance requires users to complete Identity Verification to increase their account security. Learn more about how to verify your account on Binance.

People Also Ask: Other Questions About GMX

How is the price of GMX (GMX) calculated on Binance?

The price of GMX (GMX) on Binance is based on live market data from active trading pairs involving GMX. Prices may reflect recent trades, available liquidity, order book activity, and market demand across supported pairs such as GMX/USDT, GMX/USDC, or other available markets. The displayed price is updated in real time to help users track the latest price of GMX.

Why does the price of GMX (GMX) change?

The price of GMX (GMX) goes up and down because it is traded in an open market where buyers and sellers constantly place orders at different prices. If demand for GMX increases, the price may rise. If selling pressure increases, the price may fall. Broader crypto market trends, news, liquidity, investor sentiment, macroeconomic conditions, and token-specific developments can also influence price movements.

What factors affect the price of GMX (GMX)?

The price of GMX (GMX) can be affected by supply and demand, trading volume, liquidity, market sentiment, news, adoption, token utility, network activity, regulatory developments, and broader crypto market conditions. For some assets, tokenomics such as circulating supply, maximum supply, token unlocks, burns, or staking activity may also influence how the market values GMX over time.

Why does the price of GMX (GMX) differ across crypto exchanges?

The price of GMX (GMX) may differ across exchanges because each exchange has its own order books, liquidity, trading volume, user demand, spreads, and available trading pairs. Prices usually stay close across major exchanges, but short-term differences can happen when market activity is high, liquidity is lower, or when deposits and withdrawals vary across platforms.

What is the market capitalization of GMX (GMX), and why does it matter?

Market capitalization, or market cap, is commonly calculated by multiplying the current price of GMX by its circulating supply. It is used to estimate the total market value of the asset and compare it with other cryptocurrencies. A higher market cap may indicate broader market adoption or liquidity, but it does not guarantee price stability or future performance.

How does circulating supply affect the price of GMX (GMX)?

Circulating supply refers to the number of GMX tokens currently available in the market. If demand stays the same but circulating supply increases, it may put pressure on price. If demand grows faster than supply, prices may rise. For some cryptocurrencies, maximum supply, token unlocks, emissions, burns, or staking mechanisms can also affect market expectations.

Can I set price alerts for GMX (GMX) on Binance?

Yes, Binance users can set price alerts for supported cryptocurrencies on the web and through the Binance app. Logged-in users can set their price target on the GMX price page and get notified when the target is reached.

Is GMX (GMX) a better investment than gold or silver?

GMX (GMX), gold, and silver are different types of assets with different risk profiles. Gold and silver are traditional commodities with long-established markets, while GMX is a digital asset that may be more volatile. The Crypto Time Machine can help compare historical returns, but past performance should not be used as a guarantee of future results.

What Is the Current Price of GMX (GMX)?

The current price of GMX (GMX) is $8.71. Top cryptocurrency prices are updated in real-time on Binance’s price directory.

What is GMX Token Used For?

The GMX token is primarily used within the GMX decentralized exchange for staking. Holders earn rewards in multiple forms, including ETH and AVAX. The token also facilitates fee payments for trading operations and grants holders governance rights, allowing them to participate in decision-making processes regarding the development of the GMX platform.

How Do Network Consensus and Validation Work On GMX?

On the Arbitrum network, consensus is achieved through Ethereum's layer-2 solutions. On the other hand Avalanche employs a DAG-based protocol where transactions are validated through random polling among nodes. These systems are ensuring rapid and secure transaction processing on the GMX platform.

Who Is The Founder Of GMX?

The founder details of GMX are not prominently disclosed, aligning with the decentralized ethos of the platform which focuses more on collective governance and community-driven development.

What is the Maximum and Circulating Token Supply of GMX?

The total count of GMX tokens is set to top off at 9,450,194 tokens. At the moment the circulating supply sits at 9,450,194 GMX tokens.

What Makes GMX Different From Others?

GMX aims to stand out by eliminating impermanent loss for liquidity providers and leveraging an AMM system that integrates leverage and futures trading directly into the liquidity pool, fostering a self-sustaining trading ecosystem.

How To Buy GMX (GMX)?

GMX (GMX) can be purchased directly from Binance. GMX (GMX) can also be traded for other cryptocurrencies. Live GMX (GMX) price is updated in real-time on Binance. Additionally, GMX token price and purchase information is available for users to read on our How To Buy GMX (GMX) guide.

How Much Will GMX Be Worth in Future?

Check out our GMX Price Prediction page — when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

About GMX (GMX)

GMX is a decentralized perpetual exchange tailored for cryptocurrency futures trading. According to the protocol, it boasts minimal swap fees and zero price impact. It also offers traders the flexibility to leverage up to 50x on major cryptocurrencies like BTC, ETH, among others. GMX is operating on the Arbitrum and Avalanche blockchains. The integration is made possible through the cross-chain bridge called Synapse. This solution is enhancing the platform's connectivity and efficiency.

In contrast to traditional decentralized exchanges which use order books, GMX employs a different type of automated market maker (AMM) system. This system is backed by its native liquidity pool, GLP, which also serves to stabilize pricing through its integration with Chainlink oracles. Unlike typical liquidity pools, GLP users experience no impermanent loss and benefit directly from trading fees and leveraged trading outcomes, as per the protocol.

GMX is underpinned by using both Arbitrum and Avalanche networks. These blockchains enhance transaction efficiency and security. Arbitrum is leveraging Ethereum's layer-2 solutions for scalability, and Avalanche using a DAG-based consensus protocol for rapid transaction finality.

The GMX token serves as a utility and governance token. It enables staking, fee payments, and participation in DAO governance within the GMX decentralized exchange platform. The live price of GMX is updated and available in real time on Binance.

Disclaimer

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Risk warning: Digital Asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance Kazakhstan Kazakhstan is not liable for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance Kazakhstan's control. Binance Kazakhstan is not responsible for the reliability and accuracy of such third-party sites and their contents.
Reminder:
Users must exercise sufficient risk management and DYOR (do your own research) to fully understand the digital asset before opting to trade.