GMX is a decentralized spot and perpetual exchange offering up to 100x leverage on BTC, ETH, SOL and 70+ assets across Arbitrum, Avalanche, Botanix, MegaETH and Solana, settled against Chainlink oracle prices.
Traders take positions against a shared GM liquidity pool. Open interest tilts a balance beam that sets funding.
Your $1.0k Longs position is added to that side, tilting the beam
Live signals detected by Sentinel monitors across all five risk classes.
See each alert's affected component, root-cause analysis, and recommended action. Pro members get the full risk breakdown for every protocol.
Centralized perpetual exchanges hold user funds in custody and can be censored, frozen, or hacked at the venue level; existing decentralized perps either rely on thin AMM order books or lack deep liquidity for size.
GMX settles trades against shared liquidity pools (GM/GLV) priced by Chainlink oracles, letting users open up to 100x positions from a self-custody wallet with on-chain margin and no order book.
Category definer for pool-vs-trader on-chain perps. Largest perp DEX on Arbitrum by integration depth with ~$300B cumulative volume, isolated GM market design, and Chainlink Data Stream pricing.
GMX is a DEX protocol operating on Arbitrum, Avalanche, Solana, Botanix, MegaETH. GMX is a decentralized spot and perpetual exchange offering up to 100x leverage on BTC, ETH, SOL and 70+ assets across Arbitrum, Avalanche, Botanix, MegaETH and Solana, settled against Chainlink oracle prices.
DeFi Sentinel rates GMX AA with a safety score of 82/100, indicating very low risk. The score reflects five risk dimensions: smart contract & technical risk, economic design & market risk, governance & centralization, sustainability & competitive position, and reputation & social trust. GMX has 5 audits on record. As with all DeFi protocols, residual risk remains and users should review the full risk breakdown before depositing.
GMX has a DeFi Sentinel safety score of 82/100 (rating AA), last updated May 21, 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%).
GMX is deployed on Arbitrum, Avalanche, Solana, Botanix, MegaETH.
Yes. GMX has 5 audit reports on record from firms including Guardian Audits, Dedaub, Sherlock. Audit reports and dates are linked under the Resources tab on this page.
