GMX is a permissionless onchain derivatives exchange offering up to 100x leverage on a curated set of assets. MYX Finance is the first perpetual market designed to support trading of any token. GMX is best suited for traders seeking high leverage on major cryptocurrencies, while MYX Finance caters to those wanting exposure to long-tail or niche tokens.
| Token Price | $6.69 | $0.0783 |
| 24h Change | ▲ 3.45% | ▼ 1.46% |
| Market Cap | $69.8M | $78.3M |
| TVL | $181.7MDefiLlama | $98.7KDefiLlama |
| MCap Rank | #346 | #964 |
| Total Raised | — | $5.0M |
| Founded | 2021 | 2023 |
| Stage | — | — |
| X / Twitter | 223K | 123K |
| GitHub Stars | — | — |
| Chains | arbitrumavalanchebotanix | arbitrumbnb-chainlinea |
| Tags | Derivatives, DeFi, Perp | Perp, Derivatives, DeFi |
GMX is a leading permissionless onchain exchange that enables trading of over 70 assets with up to 100x leverage from self-custody wallets. It operates on Arbitrum, Avalanche, and Solana, and is expanding multichain access. The platform facilitates trading through isolated GM pools and capital-efficient GLV vaults, allowing anyone to provide liquidity and earn fees.
MYX is a decentralized derivatives protocol that uses a unique Matching Pool Mechanism to offer permissionless perpetual trading across multiple blockchains. It provides leverage up to 15x on listed tokens with fast execution and low fees, catering to both mainstream and emerging memecoin markets.