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Perp DEX review · Arbitrum · 100x
GMXGMXgmx.io · perp DEX

GMX review: fees, leverage and markets

Arbitrum Browser Wallet Non-custodial Crypto · Stocks · Gold & commodities · Indices

GMX offers leverage up to 100x across Arbitrum, Avalanche and MegaETH, listing crypto, commodities, US equities and indices.

On this pageKey numbersWhat is GMXPros & consvs CanborsaFAQ
GMX · ARBITRUMLive
GMXGMXPerp DEX · Crypto · Stocks · Gold & commodities · Indices
Max leverage
100x
Sign-up
Browser Wallet Non-custodial
Markets108
Funding intervalcontinuous
Maker / taker— / —
Compare vs Canborsa ›

GMX lists 108 perp markets and quotes leverage up to 100x on Arbitrum · Avalanche · MegaETH. The venue publishes no single maker/taker rate; the per-line schedule is on the fees page.

GMX fees · at a glance
100x
top marketMax leverage
108
perp marketsMarkets listed
Taker fee
maker —
Wallet
non-custodialSign-up
GMX
Platform facts · at a glance
GMX — key factsGMX — key facts
Website
gmx.io
Chain
Arbitrum · Avalanche · MegaETH
Funding
continuous
Status
Live

GMX — the key numbers

GMXGMXLivePerp DEX · Arbitrum
Max leverage100x
ChainArbitrum · Avalanche · MegaETH
Sign-up Browser Wallet Non-custodial
Markets108
Funding intervalcontinuous
Fee modelDynamic
Native tokenGMX
How the venue works

What is GMX?

GMX is a perpetuals exchange running across Arbitrum, Avalanche and MegaETH, listing crypto, commodity, US equity and index markets with leverage up to 100x.

Trading carries a position fee of 0.04% or 0.06% of position size, charged on opening, closing, increasing or partially decreasing a position. Funding adjusts continuously based on the ratio of long to short open interest, shifting gradually over time instead of resetting at fixed settlement points.

No KYC verification is required to trade, and there is no withdrawal limit. GMX is backed by its GMX token, and on its MegaETH deployment it also participates in the MegaETH Terminal points program. Its referral program pays affiliates 5% to 15% of a referred trader's opening and closing fees depending on tier, with traders using a referral code getting a 5% or 10% fee discount, paid out in the collateral token of each market.

GMX · platform review

Pros and cons

+Pros
+Up to 100x max leverage per the venue’s docs
+108 perp markets listed
+The venue runs a points program
−Cons
−No single venue-wide maker/taker rate published
−Identity checks can apply on this venue
GMX vs Canborsa

How GMX compares to Canborsa

GMXGMXArbitrum
CanborsaCanborsaCanton Network
VS
Markets
108
86
Asset classes
Crypto · Stocks · Gold & commodities · Indices
Crypto · Stocks · Gold & commodities · Indices · Pre-IPO
Max leverage
100x
up to 30x
Fees · maker / taker
— / —
0.07% / 0.07%
Funding interval
continuous
1h
Sign-up
Browser Wallet Non-custodial
Browser Wallet Non-custodial

Frequently asked questions

Does GMX require KYC?›

No, GMX does not require identity verification to trade, and there is no withdrawal limit.

What leverage does GMX offer?›

Up to 100x.

What are GMX's trading fees?›

GMX charges a position fee of 0.04% or 0.06% of position size on opening, closing, increasing or partially decreasing a position.

Which chains does GMX run on?›

GMX runs on Arbitrum, Avalanche and MegaETH.

How does GMX's referral program work?›

Affiliates earn 5% to 15% of a referred trader's opening and closing fees depending on tier, and traders using a referral code get a 5% or 10% discount on those fees.

Does GMX have a token?›

Yes, GMX's token is GMX.

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What GMX lists
Ondo Finance (ONDO)Crypto · perp›Pepe (PEPE)Crypto · perp›NEAR Protocol (NEAR)Crypto · perp›Pump.fun (PUMP)Crypto · perp›All 86 marketsindex›
GMX vs Canborsa · stocks · gold · pre-IPO

Trade what GMX doesn’t list — on Canborsa

86 marketsup to 30x0.07% per side
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