Skip to content
PerpFinder
Live Data

GMX Perpetual Futures

GMX Perpetual Futures — Live Data

Market Overview

GMX is a decentralized perpetual futures and spot exchange on Arbitrum and Avalanche, known for its GLP/GM liquidity model. GMX perpetual futures are available on centralized exchanges. GMX perps offer direct exposure to one of the most successful DEX derivatives platforms, with token value linked to platform fee revenue distributed to stakers.

GMX Perps Data — DeFi Category

This page presents perpetual futures analytics for DeFi protocol tokens, covering trading volume, open interest, funding rates, and liquidation data across major exchanges. DeFi perp data is particularly valuable when cross-referenced with on-chain TVL metrics — tokens with rising open interest but declining TVL often face mean-reversion pressure. Funding rate divergences between DeFi governance tokens can signal which protocols are attracting speculative positioning ahead of governance votes or fee-switch proposals. Volume spikes in DeFi perps frequently coincide with yield farming rotations and liquidity mining events.

Trading Tips for GMX Perps

GMX revenue is distributed to stakers weekly, making fee data a real-time fundamental indicator. Track GMX platform trading volume and fee generation — sustained volume increases translate directly to higher GMX staking yields, which tends to drive buying pressure.

Where to Trade GMX Perpetual Futures

GMX perpetual futures are available on 9 exchanges. Compare fees, leverage, and features below to find the best platform for trading GMX perps.

Hyperliquid logo
Hyperliquid
Hyperliquid L1
Maker Fee
0.015%
Taker Fee
0.045%
Max Leverage
50x
Rating
9.2/5
dYdX logo
dYdX
dYdX Chain (Cosmos)
Maker Fee
0.010%
Taker Fee
0.050%
Max Leverage
100x
Rating
9.0/5
Kwenta logo
Kwenta
Base, Optimism
Maker Fee
0.020%
Taker Fee
0.060%
Max Leverage
100x
Rating
8.4/5
Gains Network logo
Gains Network
Arbitrum, Polygon, Base
Maker Fee
0.080%
Taker Fee
0.080%
Max Leverage
1000x
Rating
8.0/5
Apex Omni logo
Apex Omni
Ethereum, Arbitrum, BSC, Polygon
Maker Fee
0.020%
Taker Fee
0.050%
Max Leverage
100x
Rating
8.0/5
Maker Fee
0.010%
Taker Fee
0.020%
Max Leverage
100x
Rating
7.8/5
Orderly Network logo
Orderly Network
NEAR, Arbitrum, Optimism, Base, Polygon, Ethereum, Mantle, Avalanche, Solana, SEI
Maker Fee
Free
Taker Fee
0.030%
Max Leverage
50x
Rating
7.8/5
DESK logo
DESK
Arbitrum, Base
Maker Fee
-0.010%
Taker Fee
0.017%
Max Leverage
1000x
Rating
7.8/5
Aevo logo
Aevo
Aevo L2
Maker Fee
0.050%
Taker Fee
0.080%
Max Leverage
20x
Rating
7.5/5

Frequently Asked Questions — GMX

What is the current GMX perpetual futures funding rate?
The live GMX funding rate is shown above, updated every 2 minutes. Funding rates are displayed as annualized percentages for each exchange listing GMX perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest GMX perp trading fees?
The cost comparison table above estimates total trading costs (maker/taker fees plus slippage) for a $100,000 GMX perpetual futures trade across all major exchanges. Compare fees for GMX perps on both centralized and decentralized platforms to find the most cost-effective venue.
How does GMX open interest compare across exchanges?
GMX open interest is broken down by exchange in the chart above, showing the total value of outstanding GMX derivative contracts on each platform. Rising open interest indicates new capital entering the market, while declining OI suggests positions are being closed.
What does the GMX long/short ratio indicate?
The GMX long/short ratio shows the balance between traders betting on price increases (longs) versus decreases (shorts) across exchanges. An extreme ratio in either direction can signal potential reversals as crowded positioning often leads to liquidation cascades.
Where can I trade GMX perpetual futures?
GMX perps are currently listed on 9 exchanges. See the "Where to Trade" section above for a full comparison of fees, leverage limits, and direct trading links for each platform.

Category: DeFi · Data updates every 2 minutes · All rates shown are annualized