Perp DEX volume share, live 24h notional ranked
TradingGMX
Trails$77.62M
- p99
- $100.40M
- rank
- #18
- samples
- 2,876
Pacifica
Leads$936.56M
- p99
- $958.49M
- rank
- #6
- samples
- 2,876
24h perp volume
GMXn/aPacifican/a
GMX vs Pacifica
GMX leads on 1 of 3 shared benchmarks, Pacifica on 2. GMX wins on Perp DEX volume to open interest (3.04x vs 8.11x). Pacifica wins on Perp DEX volume share, live 24h notional ranked ($936.56M vs $77.62M), Perp AMM volume share, live 24h notional ranked ($936.56M vs $77.62M). Data as of 2026-09-23 UTC.
GMX
Perp DEX on Arbitrum and Avalanche. Pool-based execution against GLP and GM vaults, oracle-priced trades with no orderbook.
Pacifica
Solana perp DEX optimized for high-frequency trading, oracle-anchored funding.
Side by side measurements
Perp AMM volume share, live 24h notional ranked
TradingGMX
Trails$77.62M
- p99
- $100.40M
- rank
- #2
- samples
- 2,876
Pacifica
Leads$936.56M
- p99
- $958.49M
- rank
- #1
- samples
- 2,876
24h perp volume
GMXn/aPacifican/a
Perp DEX price to fees ratio 2026: Hyperliquid, Aster, Lighter, GMX, GNS live
Trading| Provider | Fees 30d | Revenue 30d | Open interest | Fees / OI |
|---|---|---|---|---|
| GMX | $4.45M | $1.28M | $25.43M | 2.13x |
| Pacifica | $3.50M | $3.46M | $59.45M | 0.717x |
View
GMXn/aPacifican/a
P/F = circulating market cap (CoinGecko) / annualized fees (DeFiLlama dailyFees, trailing 30d x 365/30), on the DeFiLlama parent the token accrues from. Fees include the share paid to liquidity providers; P/S uses protocol revenue only. Low-float tokens show a much higher FDV/F than P/F. Pre-TGE venues are listed unranked with fees and OI, no ratio. A low multiple is not a recommendation.
Perp DEX volume to open interest: 24h turnover per dollar of OI, live
TradingGMX
Leads3.04x
- p99
- 3.94x
- rank
- #17
- samples
- 2,876
Pacifica
Trails8.11x
- p99
- 8.30x
- rank
- #20
- samples
- 2,876
Volume / OI (24h)
GMXn/aPacifican/a
The ratio is a screen, not a verdict. Both terms are the venue's own figures (24h volume and open interest as each API reports them, in USD), so a venue that counts both legs of a fill moves its ratio without changing anything real. A very low ratio (Ostium, 0.2x) means positions held for days on thin daily volume; a very high one (Kalshi, above 40x) means a day of trading dwarfs what stays open. The bands in the methodology say what each range usually means.
Frequently asked questions
GMX vs Pacifica: which one is better?
GMX and Pacifica are compared on 4 shared OpenChainBench benchmarks. GMX leads on Perp DEX volume to open interest. Pacifica leads on Perp DEX volume share, live 24h notional ranked. See the live table on this page for every metric.
Which has the lower volume / oi (24h), GMX or Pacifica?
On the Perp DEX volume to open interest benchmark, GMX leads at 3.04x versus Pacifica at 8.11x. Live measurement is updated continuously by the OpenChainBench harness.
Which has the higher 24h perp volume, GMX or Pacifica?
On the Perp DEX volume share, live 24h notional ranked benchmark, Pacifica leads at $936.56M versus GMX at $77.62M. Live measurement is updated continuously by the OpenChainBench harness.
How is the GMX vs Pacifica comparison measured?
Every benchmark on this page uses the same open methodology, published at https://openchainbench.com/methodology. Data is CC-BY-4.0. Measurement harnesses are MIT-licensed.
Related comparisons
How this pair was selected
Auto-generated pairs require: both providers in the same benchmark for seven consecutive days, at least 1000 samples per provider, observable third-party search demand, and a public /products/[slug] page on OCB. Editorially curated pairs (like this one) may publish early when search demand is high and data is accruing; panels with fewer than 100 samples are shown as provisional. The full pair ledger is versioned in the public repo.