GMX V1 (GMX)

Total Value Locked$56.71m
Chain Breakdown
Arbitrum$47.82m
Avalanche$8.89m
Include in TVL (optional)
$89.6m
Staked$89.6m
$9.77m
$1.81m
$1.97m
$589,614
$589,614
25

Protocol Information

GMX is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades. Trading is supported by a unique multi-asset pool that earns liquidity providers fees from market making, swap fees, leverage trading (spreads, funding fees & liquidations) and asset rebalancing.

Category:Derivatives

Audits:

Token Information

Address:0xfc5A1A...35ad0a

Methodology

Fees: Fees from open/close position (0.1%), swap (0.2% to 0.8%), mint and burn (based on tokens balance in the pool) and borrow fee ((assets borrowed)/(total assets in pool)*0.01%)

Revenue: Revenue is 30% of all collected fees, which goes to GMX stakers

Addresses: This only counts users that interact with protocol directly (so not through another contract, such as a dex aggregator), and only on arbitrum, avax, bsc, ethereum, xdai, optimism, polygon.

Hacks

Date:9/18/2022 (34 months ago)

Amount:$565,000

Classification:Ecosystem

Technique:Price Oracle Attack

Chain:Arbitrum

Returned Funds:$0

Source