GMTrade
AuditedVerifiedGMTrade is a Solana-native perpetual DEX built on the GMX V2 model, offering up to 500x leverage on crypto and RWA markets (equities, forex, commodities) with GLV and GM liquidity pools. Formerly GMXSOL; rebranded November 2025.
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The Problem
Solana lacked a GMX-style perpetual DEX with deep cross-margined liquidity pools and access to real-world asset markets (forex, equities, commodities) at high leverage — Solana-native perp venues were primarily orderbook-based and crypto-only.
The Solution
GMTrade ports the GMX V2 GM/GLV pool model to Solana, layers Chainlink Data Streams for sub-second oracle pricing, and adds RWA markets (forex, equities, commodities) with up to 500x leverage during market hours. A GT trade-to-mint flywheel incentivises participation.
Why it Matters
The first Solana-native perp DEX to combine the GMX V2 isolated/coordinated liquidity model with RWA equity/forex/commodity markets, backed by the GMX DAO and now the #1 Solana perp DEX by 30-day volume.
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View allFrequently asked questions about GMTrade
What is GMTrade?+
GMTrade is a DEX protocol operating on Solana. GMTrade is a Solana-native perpetual DEX built on the GMX V2 model, offering up to 500x leverage on crypto and RWA markets (equities, forex, commodities) with GLV and GM liquidity pools. Formerly GMXSOL; rebranded November 2025.
How does GMTrade work?+
GMTrade ports the GMX V2 GM/GLV pool model to Solana, layers Chainlink Data Streams for sub-second oracle pricing, and adds RWA markets (forex, equities, commodities) with up to 500x leverage during market hours. A GT trade-to-mint flywheel incentivises participation.
Is GMTrade safe?+
DeFi Sentinel rates GMTrade BB with a safety score of 62/100, indicating elevated risk. The score reflects five risk dimensions: smart contract & technical risk, economic design & market risk, governance & centralization, sustainability & competitive position, and reputation & social trust. GMTrade has 9 audits on record. DeFi Sentinel's analysis flagged 10 medium, 4 low risk alerts across Smart Contract & Technical Risk, Economic Design & Market Risk, Governance & Centralization, Sustainability & Competitive Position and Reputation & Social Trust. As with all DeFi protocols, residual risk remains and users should review the full risk breakdown before depositing.
What is the safety score of GMTrade?+
GMTrade has a DeFi Sentinel safety score of 62/100 (rating BB), last updated May 22, 2026. The score is computed across smart contract & technical risk (30%), economic design & market risk (25%), governance & centralization (20%), sustainability & competitive position (15%), and reputation & social trust (10%).
Which chains does GMTrade support?+
GMTrade is deployed on Solana.
Has GMTrade been audited?+
Yes. GMTrade has 9 audit reports on record from firms including Sherlock, Zenith, Zenith. Audit reports and dates are linked under the Resources tab on this page.