GMX (GMX) Price Analysis and Comprehensive Guide

Current GMX Price Overview

The live price of GMX is $13.73**, with a 24-hour trading volume of **$5,687. Over the past day, GMX surged +1.55%, though its weekly performance shows a decline of -2.41%. With a circulating supply of 10,196,092 GMX, its market cap stands at $140.59M, ranking #166 globally.

Key GMX Resources

• Website: gmx.io
• Documentation: docs.gmx.io

• Blockchain Explorers:

  • Arbiscan
  • Snowtrace
• Contract: Avalanche C-Chain 0x62edc0...661

Price Performance Summary

| Period | Price Change | Change (%) |
|--------------|--------------|------------|
| Today | +$0.21 | +1.55% |
| 7 Days | -$0.46 | -3.17% |
| 30 Days | -$0.97 | -6.53% |
| 3 Months | -$0.64 | -4.38% |

👉 Track GMX’s real-time price

GMX Use Cases

1. Staking Rewards: Earn 30% of GMX DEX fees.
2. Governance: Vote on platform upgrades.
3. Trading/HODLing: Trade GMX or hold long-term.

GMX DEX Features

• Token Swaps: Zero price impact for supported assets (e.g., BTC, ETH).
• Perpetual Trading: Up to 50x leverage.
• Liquidity Provision: Stake GLP tokens for fee sharing.

How to Stake GMX

1. Connect a wallet to GMX’s app.
2. Navigate to Earn > GMX.
3. Enter stake amount and confirm.

FAQs

1. Is GMX a good investment?

GMX’s value hinges on DeFi adoption and GMX DEX’s growth. Diversify portfolios cautiously.

2. What’s GMX’s all-time high?

$90.88 (currently 84.89% below ATH).

3. How to convert GMX to cash?

Sell GMX for USDT on exchanges, then use P2P services for fiat.

Market Predictions

• Adoption: More users → higher GMX demand.
• Services: New features could boost prices.
• Sentiment: Bullish crypto trends favor GMX.

👉 Explore GMX trading strategies

Note: Prices and data are dynamic. Verify metrics before trading.