GMX — price, funding and open interest
GMX/USDT perpetual on Binance · BingX · Hyperliquid · Bybit · OKX · Bitget · MEXC · HTX · KuCoin · Gate · Kraken: price 8.4190, 24h turnover $6.8M. Updated in real time.
What this is
Decentralised financeGMX — a perpetuals exchange where the counterparty to a trade is a shared pool rather than another trader.
Chart
Chart built from data of Bybit
GMX unlocks
Full unlock calendar →No upcoming unlocks scheduled.
Linear release of 63 tokens per day · Past unlocks: 4
GMX buybacks
All buybacks & burns →Sources: GMX Solana. Only market buybacks and burns — fee payouts to holders are not included. Amounts are in dollars at that day's price.
What the data shows
GMX trades at 8.4190. Over 365 days it ranged between 5.0380 and 10.54; the price now sits in the middle of that range — 60% of the way from the yearly low to the high.
All-time high is 91.68 (April 2023); the price is 91% below it now.
24-hour turnover is $6.8M — percentile 100 for the year: noticeably busier than usual.
The daily range is 11.4% and five-minute NATR is 0.54%. That range is at percentile 95 for the year — an unusually wide day.
Funding is +0.0100%: longs pay shorts, so positioning leans to buyers. For this coin that is an ordinary rate — percentile 30 for the month.
Traded on 11 venues: Binance, BingX, Hyperliquid, Bybit, OKX, Bitget, MEXC, HTX, KuCoin, Gate, Kraken — the price is cross-checked across several sources.
Open positions in GMX are worth $7.4M. Over the past hour open interest rose by 1.57%. That is an ordinary level for this coin — percentile 40.
GMX correlation with Bitcoin over 24 hours is 0.49 — it partly moves with the market.
Over the day -5.70%, over the hour +2.06%, over the last five minutes +0.11% — the pace is steady.
By turnover it ranks 424 of 2160 instruments in the screener.
By daily range it ranks 988 of 2160.
NATR is 0.39% on the minute and 1.62% on the hour — the move is even, without sharp excursions inside the hour.
Built from current numbers and the coin's own year of history. Updates with the data.
How GMX behaved before
Tracked since October 2022 — 49 full months. 22 of 49 closed higher, median month -4.0%.
In November the instrument rose 3 times out of 4, median +12.7%.
Best month — May 2024: +49.7%. Worst — April 2024: -45.0%.
Computed from our own minute history, month by month. The past promises nothing — but it shows what is ordinary for this instrument and what is not.
Our observations
KairoRight now GMX is within its usual range: volume, funding and open interest are all unremarkable.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — decentralised finance. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
Futures metrics
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.
How much money sits in open positions on each venue. The total spans every exchange listing the contract.