GMX is a permissionless onchain derivatives exchange offering up to 100x leverage, focused on decentralized, non-custodial trading. Perpetual Protocol is an AI-powered decentralized perpetuals exchange that leverages machine learning for dynamic fee and liquidity management. GMX suits traders seeking high leverage and a proven onchain model, while Perpetual Protocol appeals to those interested in AI-enhanced trading mechanics.
| Token Price | — | — |
| 24h Change | — | — |
| Market Cap | — | — |
| TVL | $180.3MDefiLlama | $429.6KDefiLlama |
| MCap Rank | #346 | #2520 |
| Total Raised | — | $1.8M |
| Founded | 2021 | 2019 |
| Stage | — | — |
| X / Twitter | 223K | 86K |
| GitHub Stars | — | — |
| Chains | arbitrumavalanchebotanix | arbitrumbnb-chainethereum |
| Tags | Derivatives, DeFi, Perp | DeFi, Derivatives, Perp |
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.
Perpetual Protocol is a decentralized exchange (DEX) for perpetual contracts, offering AI-powered, institution-ready derivatives trading. It provides a modular liquidity layer and supports tokenized and synthetic perpetual markets across multiple ecosystems.