GMX price
in AEDAED58.4
-- (--)
AED
We can’t find that one.
Check your spelling or try another.
Check your spelling or try another.
Market cap
AED601.93M
Circulating supply
10.33M / 13.25M
All-time high
AED335.74
24h volume
AED52.28M
3.6 / 5


About GMX
GMX is a decentralized trading platform that allows users to trade cryptocurrencies with leverage directly from their wallets, without needing to deposit funds into a centralized exchange. It operates on blockchain technology, offering transparent and secure trading with minimal counterparty risk. GMX's native token is used for governance, fee discounts, and earning rewards by providing liquidity to the platform. Traders can access deep liquidity and low fees, while liquidity providers earn a share of trading fees. GMX stands out for its user-friendly approach to decentralized finance (DeFi), making advanced trading tools accessible to everyone.
AI insights
GMX’s price performance
Past year
-27.90%
AED80.99
3 months
+12.44%
AED51.94
30 days
+10.72%
AED52.74
7 days
-5.36%
AED61.71
GMX on socials

The significance of the phrase "buy more as it drops before the end of September" will become apparent in October. Here are some suggestions regarding detailed operations:
1. No rotation, only chase the leaders:
The definition of leaders here is not determined by fundamentals or market capitalization, but by capital. If you ask me what the main theme of this round of market is, my answer is "running alongside and fishing in troubled waters." Currently, the market's capital does not support large-scale rallies of stocks within the same sector, so there will not be a situation where funds circulate within the same sector due to price deviations from fundamentals. Therefore, buying strong stocks instead of weak ones has become a rule. The explosive rise of aster did not ignite gmx, snx, or dydx. Similarly, the recent surge of zec has not revitalized the entire privacy sector's tokens. I can see zec reaching 300+, but I don't have the courage to hold zen or dash at the bottom with a 5x+ expectation; the strong will remain strong.
2. Increase positions on breakthroughs, widen stop losses:
The current market has completed several stages of evolution, from a violent drop (starting in August, with a bear market atmosphere inflating funding rates) → false breakthroughs to deceive liquidity (concentrated in September, tricking those who are overly optimistic about myx and m bio into false breakthroughs to deceive liquidity in high consensus areas) → true breakthroughs that explosively break through resistance levels (starting in October). After the conditioning in September, the market has formed muscle memory; when facing resistance levels, one should run and not chase more. The entire chain is coherent, similar to what started in September 2023, from violent drops → deceiving liquidity → true breakthroughs where people are afraid to jump in. This is a complete set of methods to numb market perception and muscle memory.
3. Timely switch vehicles, chase hotspots:
Whether it's project parties, institutions, or retail investors, there is a strong consensus—this round's cycle is the last wave of a bull market. Therefore, rushing to exit has become the main theme, which requires timely switching of vehicles. In a market with insufficient liquidity, value investing is ineffective; to sell chips, one can only attract following orders with large bullish candles. Most stocks will complete their main stage of gains within a week. When seeing stocks with three consecutive days of large bullish candles, the first thought should not be to write a small essay about this narrative or how great the project is, but rather to reduce positions and look for the next potential undervalued area that is favored by capital.
So, let's start making money.

发牌大师 书童
Before the end of the month, buy altcoins more as they drop. It doesn't matter what others say about the favorable news leading to a big drop; the time window threshold is approaching. It's simple to understand: the market always extends in despair. The signal for the bottom of the myx short-term 300x market is that the premise for playing such a volatile coin is that most people do not believe in the market. When they see a surge, they keep shorting, which allows the whales to manipulate contracts and data. The extremely negative funding rates lower the trading costs while trapping the short sellers.
This is similar to August-September 2023, where the first two months saw a crazy transition between bulls and bears led by TRB in the BSC ecosystem. The bull market started in October, with the ordinals and Solana ecosystems taking the lead as the main characters in the market. There have been quite a few short squeezes in the last two months, right? Myx 300x, bio 5x, m 5x, nmr ath... These targets were all mentioned in the early channels. However, the short squeeze drama is gradually coming to an end, and the short sellers are slowly shifting from shorting to holding cash. The next few months will see a resonance between the spot and futures markets. Our strategy is transitioning from short-term to medium-term, from speculation to value.
Prioritize large coins with good liquidity. In the next few days, we will release a medium-term observation list. The cost-effectiveness of Bitcoin and Ethereum is decreasing, and we can see many people on-chain switching their Ethereum profits after understanding the situation. Funds are rotating, believing in cryptocurrency and believing in cycles.
Guides
Find out how to buy GMX
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Predict GMX’s prices
How much will GMX be worth over the next few years? Check out the community's thoughts and make your predictions.
View GMX’s price history
Track your GMX’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.

GMX on OKX Learn
GMX vs Hyperliquid: Exploring Decentralized Derivatives and Innovative Risk Management
Introduction to GMX and Hyperliquid The decentralized finance (DeFi) ecosystem has experienced rapid innovation, particularly in the realm of derivatives trading platforms. Among the most prominent pl
Crypto Hacks Surge in 2025: GMX Exploit Highlights DeFi Vulnerabilities
GMX Exploit and the Rise of Crypto Hacks in 2025 Introduction The cryptocurrency industry in 2025 has witnessed an alarming surge in hacking incidents, with July alone recording $142 million in losses
Hyperliquid vs. GMX: Exploring Market Dominance, Innovations, and Challenges in Decentralized Futures Trading
Introduction to Hyperliquid and GMX in Decentralized Futures Trading The decentralized derivatives market has experienced explosive growth, with Hyperliquid and GMX emerging as key players in the spac
GMX V1 Exploit: $42M Lost in DeFi Attack, Highlighting Security Flaws
GMX V1 Exploit: A Comprehensive Analysis of the $42 Million Hack Overview of the GMX V1 Exploit and Its Impact On July 9, 2025, the decentralized exchange GMX V1 experienced a devastating exploit, res
GMX FAQ
Currently, one GMX is worth AED58.4. 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.
Cryptocurrencies, such as GMX, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX 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 does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. 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 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 and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX 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 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 and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX 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
AED601.93M
Circulating supply
10.33M / 13.25M
All-time high
AED335.74
24h volume
AED52.28M
3.6 / 5

