GMX Logo

GMX

GMX

Rank #206

$44.66

-11.24%
24H Low$45.12
$50.7524H High
24H Volume
$33.7 M
All-Time High(ATH)
$91.07
All-Time Low(ATL)
$11.53
Market Cap
$429.32 M
Fully Diluted Valuation
$429.32 M
Market Cap/FDV
100%
Circulating Supply
9.51 M GMX
Total Supply
9.51 M GMX
Max Supply
13.25 M GMX
Market Sentiment
Positive
* Data from 3rd parties

GMX (GMX) Price Trends

Time period
Change amount
% Change
1H
$-0.3171
-0.71%
24H
$-5.02
-11.24%
7D
$-10.37
-23.21%
30D
$+0.1429
+0.32%
1Y
$-19.95
-44.68%

Credibility Indicators

40.76

Reliability Score

Rank #1

# 10121

Percentile

BTM 15%

Team Members

Vippineth

Vippineth

Xhiroz

Xhiroz

X

X

Investors

Arbitrum Foundation

Arbitrum Foundation

Live GMX (GMX) Price Update

GMX price today is $44.66 with a 24-hour trading volume of $33.7 M, and as such GMX has a market cap of $429.32 M, giving it a market dominance of 0.016%. The GMX price moved -11.24% in the last 24 hours.

GMX reached its highest price on 2023-04-18 when it was trading at its all-time high of $91.07, while its lowest price was recorded on 2022-06-15 when it was trading at its all-time low of $11.53. The current lowest price since the last cycle high was $11.53, and the highest price since the last cycle low was $91.07. The social sentiment of GMX is currently Positive.

The current circulating supply of GMX is $9.51 M GMX. In terms of market cap, GMX is currently ranked 206.

About GMX (GMX)

GMX is a decentralized and sustainable exchange. The GMX token is a public utility and governance token, which should also be included in 30% of the costs incurred by the platform.

FAQs

1. What determines the price movement of GMX?

There are two schools of thought in determining the price of GMX.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of GMX, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of GMX from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of GMX on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for GMX as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for GMX and the cryptocurrency market as a whole.

GMX Tokenomics

Next Unlock Events

Next Unlock Events

GMX --

(--% Total Supply)

$--

(--% Market Cap)

Unlock Rounds --

--

D

0

--

Unlock Rounds --

--

D

0

--

GMX --

(--% Total Supply)

$--

(--% Market Cap)

Vesting Info

Links to official documents

Allocations

Name
Total
Unlocked
Locked

XVIX & Gambit Migration

45.28%

45.28%

--

Liquidity

15.1%

15.1%

--

Reserve

15.1%

--

--

Floor Price Fund

15.1%

--

--

Marketing & Partnerships

7.54%

7.54%

--

Contributors

1.88%

1.88%

--

Vesting Info

Links to official documents

Vesting Schedule

Round
Token Allocation
TGE Unlock
Cliff

Unlocked

Locked

Next Unlock
Summary

6.000M

100%

--

GMX 6 M

--

Sep 13, 2021

Sep 13, 2021

--

100.0% TGE,

250000

0%

1M

GMX 250020

--

Oct 13, 2021

Sep 13, 2023

--

1 months-cliff,then 4.167% months for 23 months

2.000M

100%

--

GMX 2 M

--

Sep 13, 2021

Sep 13, 2021

--

100.0% TGE,

1.000M

100%

--

GMX 1 M

--

Sep 13, 2021

Sep 13, 2021

--

100.0% TGE,

2.000M

0%

--

--

--

--

--

2.000M

0%

--

--

--

--

--

Total
Token Allocation
Next Unlock
Summary
Total
GMX 9.000M

GMX 9.250M

69.81% of Supply

GMX Analysis

Date
Market Cap
Volume
Open
Close
2024-03-19
$449.55 M
13.73 GMX
$47.29
N/A
2024-03-18
$468.81 M
128.92 GMX
$49.32
$47.29
2024-03-17
$457.81 M
593.32 GMX
$48.17
$49.32
2024-03-16
$506.79 M
139.75 GMX
$53.33
$48.17
2024-03-15
$541.6 M
226 GMX
$57
$53.33
2024-03-14
$574.05 M
877.17 GMX
$60.42
$57
2024-03-13
$552 M
106.3 GMX
$58.11
$60.42
2024-03-12
$557.89 M
55.6 M GMX
$58.75
$58.11