GMX

Not active

Pioneering pool-based perp DEX with a live GMX token and real-yield model.

7.2 /10
Trade on GMX
24h Volume $89.2M → 0.00%
Open Interest $43.5M
Maker / Taker 0.04% / 0.06%
Airdrop Not active high confidence

GMX is a mature pool-based perp DEX on Arbitrum and Avalanche. It is useful as a comparison point against newer orderbook venues because its execution and liquidity model are structurally different.

Score note

Long-running pool-based perp DEX with live token and established liquidity model.

Pros

  • One of the longest-running pool-based perp DEXs
  • Live GMX token and established vault/liquidity model
  • Available on Arbitrum and Avalanche

Cons

  • Pool/vault model behaves differently from a central orderbook
  • Token already launched, so airdrop upside is low
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