GMX is a decentralized exchange (DEX) and liquidity provider built on Arbitrum and Avalanche, offering low-fee, high-speed trading with deep liquidity. As interest in decentralized finance (DeFi) continues to grow, GMX has emerged as a notable player, attracting traders and investors seeking exposure to innovative yield-generating protocols. This article provides a comprehensive overview of the current GMX price, market performance, historical trends, and key insights for 2025.
GMX Price Statistics (2025)
As of today, the live GMX price stands at $14.0822**, with a 24-hour trading volume of **$6,427,152. The cryptocurrency has surged 6.21% over the past day, indicating renewed market interest. Here’s a detailed snapshot of GMX’s current market metrics:
- Current Price: $14.0822
- 1-Hour Change: +1.05%
- 24-Hour Change: +6.21%
- 7-Day Change: +2.21%
- 30-Day Change: -14.52%
- Market Cap: $141,448,485
- Circulating Supply: 10,044,469 GMX
- Total Supply: 10,044,469 GMX
- Max Supply: 13,250,000 GMX
- 24-Hour High/Low: $14.00 / $13.03
- All-Time High (ATH): $91 (April 18, 2023)
- All-Time Low (Recent): $11.53 (June 15, 2022)
GMX currently ranks #298 by market capitalization, reflecting its niche but growing presence in the DeFi ecosystem.
Recent Price Movement and Market Trends
Over the past week, GMX has traded between $13 and $14, showing moderate volatility. Despite a 30-day decline of 14.52%, the recent 6.21% gain in 24 hours suggests potential bullish momentum. The 90-day price range reveals a low of $11 and a high of $18, indicating that current prices are near the lower end of recent trends.
The drop from its all-time high of $91 means GMX is still down approximately 84.54% from its peak. However, such corrections are common in volatile crypto markets, especially for tokens tied to DeFi protocols that experience cyclical interest.
Market analysts suggest that sustained volume above $6 million and positive sentiment around layer-2 solutions like Arbitrum could support a gradual recovery in GMX’s valuation throughout 2025.
GMX Price History (June–July 2025)
Here’s a look at GMX’s daily performance over the past week:
- July 1, 2025: Opened at $13.96, closed at $13.16
- June 30, 2025: Traded between $13.76 and $14.45, closed at $13.96
- June 29, 2025: Closed at $14.28 after reaching a high of $14.32
- June 28, 2025: Steady climb from $13.64 to $14.00
- June 27, 2025: Low of $13.35, closed at $13.68
- June 26, 2025: Volatile session with a high of $14.34 and low of $13.61
- June 25–24, 2025: Prices hovered around $14.00–$14.50
- June 23, 2025: Significant surge from $12.89 to $14.07 on high volume ($8.5M)
The spike on June 23 suggests strong buying pressure, possibly driven by protocol updates or broader DeFi sector momentum.
Where to Buy GMX in 2025
GMX is available on several major cryptocurrency exchanges, allowing users to trade using stablecoin pairs like USDT. While specific exchange data may vary, platforms supporting GMX typically offer deep liquidity and advanced trading tools.
Popular options include global exchanges that support Arbitrum and Avalanche-based tokens. When selecting a platform, consider factors like trading fees, security, withdrawal limits, and available order types.
👉 Access real-time GMX price data and start trading with advanced charting and analytics tools.
Global GMX Pricing in Major Currencies
GMX is globally traded and priced across various fiat and digital currencies:
- 1 GMX = ¥100.80 CNY
- 1 GMX = €11.93 EUR
- 1 GMX = £10.24 GBP
- 1 GMX = ₹1,204.71 INR
- 1 GMX = ¥2,019.15 JPY
- 1 GMX = $14.08 USD
These conversions help international investors assess value and manage cross-border transactions efficiently.
Frequently Asked Questions (FAQs)
What is the current price of GMX?
As of July 2025, the live GMX price is $14.0822, with active trading across decentralized and centralized exchanges.
What was GMX’s all-time high?
GMX reached its highest price of $91 on April 18, 2023. The token remains significantly below this peak but shows signs of stabilization in mid-2025.
How much GMX is in circulation?
The circulating supply of GMX is 10,044,469 tokens, which is also the total current supply. The maximum supply is capped at 13,250,000, meaning about 76% of tokens are already in circulation.
Is GMX built on Ethereum?
GMX operates natively on Arbitrum and Avalanche, leveraging these layer-2 and layer-1 networks for fast, low-cost transactions rather than relying solely on Ethereum mainnet.
What factors influence GMX’s price?
Key drivers include DeFi adoption rates, trading volume on GMX’s native platform, liquidity mining incentives, broader crypto market trends, and macroeconomic conditions affecting investor risk appetite.
How can I store GMX securely?
GMX tokens can be stored in compatible wallets such as MetaMask, Trust Wallet, or Ledger devices. Always ensure you’re using the correct network (Arbitrum or Avalanche) when sending or receiving tokens to avoid loss.
Key Milestones in GMX’s Development
Since its launch, GMX has achieved several important milestones:
- September 13, 2021: GMX launched publicly, introducing its unique zero-price impact trading model.
- January 16, 2022: Reached an early peak of $62.10 amid growing DeFi enthusiasm.
- June 15, 2022: Hit a cycle low of $11.53 during the broader crypto market downturn.
- November 19, 2022: Announced as a launch partner with Camelot, enhancing its visibility in the ecosystem.
These events highlight GMX’s resilience through market cycles and its strategic positioning within the DeFi space.
On-Chain Activity and Transparency
To monitor real-time transactions and token movements, users can explore GMX activity via blockchain explorers such as:
These tools provide transparency into wallet balances, contract interactions, and transaction histories—essential for informed investment decisions.
Final Thoughts: Is GMX a Good Investment in 2025?
While GMX remains far from its all-time high, its foundational technology—offering spot and perpetual trading with no price impact—positions it uniquely in the DeFi landscape. With growing adoption on Arbitrum and Avalanche, combined with consistent trading volume and community engagement, GMX may present long-term potential for investors who believe in the future of decentralized exchanges.
As always, conduct thorough research and consider diversifying your portfolio when investing in volatile assets like cryptocurrencies.