GMX vs SynFutures

GMX leads on 2 of 3 shared benchmarks, SynFutures on 1. GMX wins on Perp DEX token P/E ratio 2026 (5.15x vs 12.2x), Perp DEX price to fees (1.419x vs 6.19x). SynFutures wins on Perp AMM volume share, live 24h notional ranked ($85.71M vs $27.29M). Data as of 2026-10-06 UTC.

Read methodology Last measured Window: rolling 24h3 shared benchmarks
GMX logo
GMX

Perp DEX on Arbitrum and Avalanche. Pool-based execution against GLP and GM vaults, oracle-priced trades with no orderbook.

SynFutures logo
SynFutures

SynFutures is an oAMM-based (Oyster AMM) perpetuals DEX on Base and Arbitrum. Traders open positions against a concentrated liquidity pool rather than a matching engine; any ERC-20 can be listed permissionlessly.

Side by side measurements

Perp DEX token P/E ratio 2026: Hyperliquid, Lighter, GMX, dYdX, GNS live

Trading

GMX

Leads

5.15x

p99
5.15x
rank
#2
samples
2,880

SynFutures

Trails

12.2x

p99
12.2x
rank
#3
samples
2,880
P/E ratio
GMXn/aSynFuturesn/a

P/E = fully diluted valuation (CoinGecko) divided by annualized protocol revenue (DeFiLlama dailyRevenue, 30-day trailing average x365). Protocol revenue = fees accruing to the treasury or token holders, not total user fees. Tokens without a CoinGecko listing show no P/E. FDV reflects total supply at current price, not circulating supply; tokens with large unvested allocations will show inflated FDV-based P/E. Updated hourly.

Perp DEX price to fees: what the market pays per dollar of trading fees

Trading
ProviderP/F ratioFDV / feesP/SFees 30dRevenue 30dFloatOpen interestFees / OI
GMX1.419x1.419x5.15x$5.28M$1.46M100.0%$54.09M1.188x
SynFutures6.19x12.2x6.19x$225.3K$225.3K50.8%$1.04M2.63x
View
GMXn/aSynFuturesn/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.

Frequently asked questions

GMX vs SynFutures: which one is better?

GMX and SynFutures are compared on 3 shared OpenChainBench benchmarks. GMX leads on Perp DEX token P/E ratio 2026. SynFutures leads on Perp AMM volume share, live 24h notional ranked. See the live table on this page for every metric.

Which has the lower p/e ratio, GMX or SynFutures?

On the Perp DEX token P/E ratio 2026 benchmark, GMX leads at 5.15x versus SynFutures at 12.2x. Live measurement is updated continuously by the OpenChainBench harness.

Which has the higher 24h perp volume, GMX or SynFutures?

On the Perp AMM volume share, live 24h notional ranked benchmark, SynFutures leads at $85.71M versus GMX at $27.29M. Live measurement is updated continuously by the OpenChainBench harness.

How is the GMX vs SynFutures 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.

Live data refreshes via ISR within 60 seconds of a new run. Sources are the same Prometheus queries surfaced on the parent benchmark pages.