Live GMX Price Analysis
The current real time GMX price is $28.67, and its trading volume is $10,167,767 in the last 24 hours. GMX price has grew by
0.89%
in the last day, and decreased by
22.94%
in the last 7 days. It's important to note that current GMX market capitalization is $283,504,002, Talking about circulating supply, GMX has 9,888,700 coins. Currently, GMX rank on the market is #193.
GMX price today is
68.81%
below
all time high, and it is
195.72%
above
all time low.
All data and prices are updated in real-time. The most active and popular exchanges for buying or selling GMX are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.
What is GMX?
GMX is the native token of a decentralized spot and perpetual exchange that goes by the same name. With up to 50x leverage, users can trade popular cryptocurrencies like Bitcoin, Ethereum, Avax, and others right from their wallets. The exchange offers trades with no price impact and low-cost swap fees. As of writing this, GMX is available on Arbitrum and Avalanche networks.
A distinctive multi-asset pool that supports trading on GMX generates fees for liquidity providers through swap fees, leverage trading, asset rebalancing, and market making. Also, note that the GMX crypto exchange utilizes Chainlink Oracles that support dynamic pricing and determines when liquidations occur. This helps to safeguard trading positions from temporary wicks and liquidation risks.
Besides, the GMC crypto exchange has a dual token system. Apart from the aforementioned GMX token, it also has the GLP token. The latter is a liquidity provider token, which produces 70% of the platform's revenue.
What's GMX trading volume in the last 24 hours?
GMX has a trading volume of $10,167,767 in the last 24 hours.
What's GMX highest price ever?
GMX has a highest price of $91.92, which was reached on Apr 19, 2023 (1 year 8 months ago).
What's GMX lowest price ever?
GMX has a lowest price of $9.69, which was reached on Dec 11, 2022 (2 years 1 week ago).
What are the best exchanges for buying and selling GMX?
What are the safest hardware wallets for keeping GMX?
According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping GMX. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.
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