Loading...
- Volume 24h
- $73.8M▼5.94%
- Open Interest
- $56.4M
- Fees 24h
- $41.5K
- Pairs
- 102
- Max Leverage
- 200x
Asset Categories
- Commodities
- Crypto
- Metals
- Stocks
Deposit Networks
Arbitrum One
Arbitrum OneProtocol Info
Launch Date
Sep 1, 2021
Open Source
Fully Open Source
Last Audit
Jan 1, 2026
Supported Wallets
W
WalletConnectSupported Languages
EnglishSpanishChinese SimplifiedChinese TraditionalKoreanRussianJapaneseFrenchGerman
Restricted Regions
No Restrictions
Trading and orders
Markets, leverage and the controls available before you enter a position.
- Order Matching Model
- Oracle Priced Vault
- Max Leverage
- 100
- Margin Modes
- Isolated Margin
- Supported Order Types
- Limit Orders, Market Orders, Stop Orders, TWAP
- Position Hedge Mode + Isolation Level
- No
- Subaccount Support
- Yes
More about trading and orders
- TP/SL on Entry
- Yes
- Market Hours
- Continuous 24 7
Costs and funding
Trading charges, discounts and the cost of keeping a position open.
- Trading fee model
- Open/Close
- Maker Fee (Base)
- 0.040%
- Taker Fee (Base)
- 0.060%
- Funding Rate Interval
- Hourly
- Liquidation Fee / Penalty
- 0.2000%
- Fee Discount Mechanism
- Referral, Volume Tiers
More about costs and funding
- Variable Pair-Fee Schedule
- Yes
- Funding Rate Calculation
- Dynamic
- Funding Rate Cap
- 300.0000%
- Gas Fees — Order Management
- Quoted live per order on the ticket as a 'Network fee' in USD (keeper execution fee): -$0.28 to -$0.52 observed on BTC/USD [BTC-USDC] within a few minutes. Settings exposes a 'Max network fee buffer' (default 30%) that caps how far above the quote the app will pay, and unused gas is refunded. With Express or Express + One-Click trading mode the network fee is paid from a 'Gas payment token' balance (USDC, WETH or USDT) rather than native ETH.
- Fee Inclusion Notes
- Liquidation fee is separate from and additional to the position open/close fee: 0.20% of position size for standard (non-synthetic) markets, 0.30% for single-token or synthetic markets, 0.45% for high-volatility newly listed markets, charged on notional size (not collateral), and deducted only when the position is actually closed.
- Zero-Fee Promotion
- No
Collateral and exits
What you can deposit, where funds are held and how you get them back.
- Accepted Collateral Types
- USDC, ETH
- Account Model
- Wallet-Based
- Withdrawal Fee
- Percentage
- Withdrawal Settlement Time Median
- Under 1 Min
- Cross-Chain Deposit Method
- GMX Account with bridge routing
- Multi-Collateral Support
- Yes
More about collateral and exits
- Yield on Idle Collateral / Equity
- No Yield
Security and risk
Audits, liquidation rules and who can change the system.
- Audit Firms
- Guardian, ABDK, Certora, Dedaub, Sherlock
- Most Recent Audit Date
- Jan 1, 2026
- Oracle Provider(s)
- Chainlink, Chainlink Data Streams
- Open Source Code
- Fully Open Source
- Mark vs Last Price Liquidation
- Index Price
Token and rewards
Token utility, points and referral programmes available to traders.
- Native token lifecycle
- Launched
- Ticker/Token Symbol
- GMX
- Has Points Program
- No
- Referral Program Exists
- Yes
- Referee Discount %
- 5
- Rewards Programs
- Referrals, Token Staking
More about token and rewards
- Token Use Cases
- Governance, Staking Rewards, Buyback Target
Access and experience
Regional restrictions, wallet requirements and ways to use the venue.
- Native Chain
- Arbitrum
- Mobile App
- Browser App
- Gas Abstraction
- Fee Token Settlement
Venue notes
GMX staking rewards (distribution of bought-back GMX to stakers) are currently suspended pending GMX reaching a $90 price target; bought-back GMX accumulates in the Treasury in the meantime. V1 contracts are fully sunset (no trading/liquidity since July 2025) -- V2 is the only live production version. Position Hedge Mode + Isolation Level: yes, at the position-key level: a long and a short position in the same market with the same collateral token are distinct, independently held positions (position key = account:marketAddress:collateralAddress:isLong), so a user can hold both simultaneously; isolation is per (market, collateral token, direction), not per-pair-only and not per-subaccount Has Native Collateral: No GMX-issued stablecoin or LST; CONFIRMED FACT collateral list (WETH, USDC, USDe, wstETH) is entirely third-party assets. Variable (Non-USD-Quote) Pairs: No non-USD-quoted pairs found; every live market (BTC, ETH, SOL, and the TradFi assets GOLD, SILVER, WTIOIL, BRENTOIL, NATGAS, SPCX, SPY, QQQ) is quoted/traded against USD. Interest Rate: No fixed interest-rate component found live or in docs; funding is adaptive from OI imbalance and borrow fee uses per-market kink/linear/power utilization models (45-130% APR tiers typical per docs). Zero-Fee Promotion: No zero-fee promotion currently active; every live and documented fee line (position open/close, swap, borrow, funding) carries a nonzero rate.
