# GMX (GMX) — crypto price, market cap and strength versus Bitcoin

> GMX trades at $6.66 with a market capitalisation of $61.7M (rank 385). Its 90-day reading against Bitcoin is unavailable, so relative strength is not called here. Perps/Derivatives as a theme is -16.1% against Bitcoin over 13 weeks. Price readings run through 2026-07-31.

## Agent research brief

- What this coin is: GMX (GMX), a Perps/Derivatives token of $61.7M at market-cap rank 385. No protocol activity data is published for it.
- What the tape says: No 90-day Bitcoin-relative reading is available; no 200-day average on file. Perps/Derivatives as a theme is -16.1% against Bitcoin over 13 weeks.
- What the evidence supports: 49/100 inside Perps/Derivatives on 12% evidence (0% of it native activity). Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.
- What is missing: There is no valuation band for any coin on this site: historical market capitalisation is not held, so no PE-style range can be built. GMX publishes no fee, revenue, TVL or user series at all.

Theme: Perps/Derivatives (/mla/crypto/sector/perps-derivatives). Price 2026-07-31; market-cap snapshot 2026-07-04.

## Price, returns and risk

GMX's one-year return is withheld because the series is incomplete. Its deepest fall from a high inside the last 90 days is 24%.

- Price: $6.66
- Market cap: $61.7M (rank 385)
- Returns: 7d —; 30d —; 90d —; 180d —; 1y —
- RS versus Bitcoin, 90d: —
- 30-day volatility: unavailable; deepest 90-day fall 24%
- 200-day average: unavailable

## Protocol economics

No protocol fee, revenue, TVL, user, DEX-volume or transaction series is published for GMX, so this page shows none rather than inventing one. That is the normal case in crypto: fewer than one coin in seven has any of it.


## Research score

GMX: 49/100 — Illiquid · research only; 17.5 + 15.0 + 10.0 + 6.5 = 49.0; evidence 12%; native evidence 0%; rank 2 of 8 rated Perps/Derivatives coins
Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.
This weakens if: The read weakens if 90-day RS versus BTC falls below zero with two weekly closes below the 200-DMA, or native activity contracts for two complete calendar quarters.

No valuation band exists for any coin on this site: historical market capitalisation is not held, so no company-style valuation range can be built.

## Perps/Derivatives scorecard

GMX is one of 12 Perps/Derivatives coins here, 8 of which carry enough evidence to be rated and ranked. GMX ranks 2 of those 8 on 12% evidence. The table below is the theme's own scorecard, in its own order, with this coin marked.

- 1. Gains Network (GNS): score 52.2; evidence 91%; Illiquid · research only
- 2. GMX (GMX) [this coin]: score 49; evidence 12%; Illiquid · research only
- 3. Fulcrom (FUL): score 48.7; evidence 50%; Illiquid · research only
- 4. Genius (GENIUS): score 48.4; evidence 43%; Tape-led · on-chain proof incomplete
- 5. Avantis (AVNT): score 45.1; evidence 81%; Mixed · market gate closed
- 6. Mango (MNGO): score 44.8; evidence 50%; Illiquid · research only
- 7. ETHGas (GWEI): score 38.5; evidence 43%; Tape-led · on-chain proof incomplete
- 8. SynFutures (F): score 37.5; evidence 50%; Illiquid · research only

## Limitations

- Crypto network activity is not company earnings. Protocol revenue does not automatically accrue to token holders.
- Market capitalisation is a dated snapshot, not a point-in-time historical supply series, so yields computed against it inherit that lag.
- No valuation band exists for any coin: historical market capitalisation is not held at all.
- Funding rates, open interest, liquidations, exchange flows, unlock schedules and developer activity are not held and are not inferred.
- The research score is relative to this coin's own theme only. It is not comparable across themes and is not an entry signal.

## FAQs

### What is GMX (GMX)?

GMX is a Perps/Derivatives cryptocurrency tracked here by price, market capitalisation and strength against Bitcoin, with no protocol activity data published for it. It is one of 12 Perps/Derivatives coins on this site. Readings are as of 2026-07-31.

### What is the market cap of GMX?

GMX's market capitalisation is $61.7M, ranking it 385 in the top-1,000 crypto universe. That figure is a dated snapshot from 2026-07-04, refreshed separately from the daily price series, so it can lag the price shown above.

### Is GMX beating Bitcoin?

GMX has no usable 90-day reading against Bitcoin at present, so this page does not call its relative strength. Perps/Derivatives as a whole is -16.1% against Bitcoin over 13 weeks.

### Does GMX have a P/E ratio?

No. There is no company-style P/E or PEG for a crypto token, and no valuation band is shown on this page because the data to build one honestly does not exist: historical market capitalisation is not held, only a current snapshot. Where a protocol publishes fees or revenue, this page shows the yield against that dated snapshot instead.

### What is GMX's research score?

49/100 within Perps/Derivatives, ranked 2 of 8 rated Perps/Derivatives coins, on 12% evidence: 17.5 + 15.0 + 10.0 + 6.5 = 49.0. It is labelled “Illiquid · research only”. The score ranks research attention inside one theme, never portfolio action.

### How much GMX history does this page show?

Five years of weekly closes where they exist, plus 20 complete calendar quarters of on-chain activity for the metrics GMX actually publishes. No protocol fee, revenue, TVL or user series is published for this token, so none is shown.