GMX
- Total value locked
- $246.2M+0.2% 24h
- TVL, 7 days
- +0.6%
- TVL, 30 days
- +15.5%
- Fees, 24h
- $11.14K
- Fees / TVL, annualised
- 1.7%
- Token price
- $8.150-0.8% 24h
- Market cap / TVL
- 0.35
GMX holds $246.2M in total value locked across 4 chains, with its largest deployment on Arbitrum, which ranks it #128 among the DeFi protocols we track. In derivatives it ranks #2 of 51; the largest is Lighter with $767.7M. Its value locked is up 0.6% over seven days and up 15.5% over 30 days. Users paid $11.14K in fees over the last 24 hours; at that pace a year of fees would equal 1.7% of its TVL. Its governance token is valued at $85.17M, 35% of its TVL.
Deployed on
Value the protocol holds on each chain, largest first.
Largest derivatives protocols
Full sector| # | Protocol | TVL | 7d | 30d | Fees 24h |
|---|---|---|---|---|---|
| 1 |  Lighter | $767.7M | +4.1% | +20.9% | $68.26K |
| 2 | GMX | $246.2M | +0.6% | +15.5% | $11.14K |
| 3 |  Derive | $194.6M | -4.7% | +15.0% | $20.51K |
| 4 |  Extended | $122.1M | -3.6% | -6.1% | $18.93K |
| 5 |  dYdX | $108.1M | -1.9% | -2.2% | $1.07K |
| 6 |  edgeX | $61.39M | -5.7% | -11.5% | $31.61K |
| 7 |  AZverse | $52.10M | +0.2% | – | $75.42K |
| 8 |  Arcus | $37.96M | +15.6% | – | $34.84K |
TVL, fees and categories from DefiLlama, collected by the BitcoinValues data desk. Updated 4 Oct 2026, 18:23 UTC. Methodology