GMX Benchmark
GMX is measured across 12 live OpenChainBench benchmarks: Perp DEX price to fees (ranks #2 of 13, 1.591x p50), Perp DEX token P/E ratio 2026 (ranks #2 of 9, 5.20x p50), Perp DEX cost invariance (ranks #2 of 8, 1.000x p50), Perp DEX mark price fidelity (ranks #2 of 6, 0.022% p50). Data as of 2026-10-06 UTC.
12 benchmarks · View on /perps
GMX v2
ArbitrumPerpetual DEX tracked by OpenChainBenchLive KPIs
Volume 30d, OpenChainBench total
$1.67B
Open interest, perps only
$53.33M
Fees 30d
$1.13M
All-in fee (ETH 10x)
6.0 bps
Tradable markets
114
Historical
Daily perp volume (UTC days, bench 266)
Daily Fees
All-time
Total Fees
$488.5M
OpenChainBench measurements
Other perp venues on the same benchmarks

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9 shared benchmarks
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dYdX v4
9 shared benchmarks

Paradex
8 shared benchmarks
Aster
7 shared benchmarks
Gains
6 shared benchmarks
Extended
6 shared benchmarks

Polymarket
6 shared benchmarks
Ondo Perps
6 shared benchmarks

EdgeX
5 shared benchmarks

Kalshi
4 shared benchmarks
Vest
4 shared benchmarks

StandX
4 shared benchmarks
ApeX Omni
4 shared benchmarks
Pacifica
3 shared benchmarks
Lighter RH
3 shared benchmarks
Nado
2 shared benchmarks
Aevo
2 shared benchmarks

GRVT
2 shared benchmarks

Jupiter Perps
2 shared benchmarks

trade.xyz
2 shared benchmarks

Ostium
1 shared benchmark

Orderly
1 shared benchmark

Backpack
1 shared benchmark
Perp DEX on Arbitrum and Avalanche. Pool-based execution against GLP and GM vaults, oracle-priced trades with no orderbook.
Last measured
Live benchmark results
- #2of 13
Trading
Perp DEX price to fees: what the market pays per dollar of trading fees
P/F ratio
1.591x
p50 · 24h
- #2of 9
Trading
Perp DEX token P/E ratio 2026: Hyperliquid, Lighter, GMX, dYdX, GNS live
P/E ratio
5.20x
p50 · 24h
- #2of 8
Trading
Perp DEX cost invariance: all-in bps at $1M vs $1k, live slope ranked
Cost slope ($1M / $1k)
1.000x
p50 · 24h
- #2of 6
Trading
Perp DEX mark price fidelity: deviation from CEX spot reference, live
Mark price deviation
0.022%
p50 · 24h
- #2of 5
Trading
Perp AMM volume share, live 24h notional ranked
24h perp volume
$26.05M
p50 · 24h
- #6of 22
Trading
Perp DEX volume to open interest: 24h turnover per dollar of OI, live
Volume / OI (24h)
0.495x
p50 · 24h
- #6of 6
Trading
Perp DEX security track record: days without a recorded exploit, live
Days since last exploit
454
p50 · 24h
- #7of 11
Trading
Perp DEX daily volume 2026: Hyperliquid, Aster, Lighter, GMX, Gains, dYdX by UTC day, backfilled
Daily perp volume
$34.04M
p50 · 24h
- #10of 11
Trading
Cheapest perp DEX, live all-in cost from $1k to $1M on ETH, BTC and SOL
All-in cost
0.060%
p50 · 24h
- #13of 15
Trading
Perp DEX asset breadth: non-crypto markets live, stocks + indices + forex + commodities
Non-crypto markets
8
p50 · 24h
- #17of 65
Trading
Price to fees across DeFi: what the market pays per dollar of protocol fees
P/F ratio
1.436x
p50 · 24h
- #18of 23
Trading
Perp DEX volume share, live 24h notional ranked
24h perp volume
$26.05M
p50 · 24h
Compare GMX to alternatives
Pick a head to head pair to see GMX and a competitor side by side across every benchmark they share.
Gains
11 shared benchmarks

Hyperliquid
11 shared benchmarks
Lighter
11 shared benchmarks
dYdX
10 shared benchmarks
Aster
8 shared benchmarks

Paradex
8 shared benchmarks
Extended
7 shared benchmarks
ApeX Omni
5 shared benchmarks

edgeX
5 shared benchmarks

Jupiter Perps
5 shared benchmarks
Ondo Perps
4 shared benchmarks

Ostium
4 shared benchmarks
Alternatives lists featuring GMX
Raw figures /api/citable