GMX
GMX
GMX-PERP on Hyperliquid
$7.1735-4.27%

Auto-refreshes every 30s · Max leverage: 3x

24h Volume
$173.5K
Open Interest
$366.6K
51,111.08 GMX
Funding Rate (1h)
-0.0044%
Annualized: -38.82%
Mark vs Oracle
-0.0571%
Premium

Trade GMX (GMX) on Hyperliquid

GMX pioneered the GLP model for decentralized perpetual trading on Arbitrum and Avalanche. As a Hyperliquid competitor, trading GMX-PERP here lets you play the perp DEX sector.

Hyperliquid's GMX perpetual tracks the GMX/USD price using an oracle-based mark price system. Funding rates are calculated hourly and settle continuously, keeping the perpetual price anchored to spot.

Key Market Facts

Contract TypePerpetual Future
Max Leverage3x
SettlementUSDC
Taker Fee0.045%
Maker Rebate0.015%
Funding IntervalHourly (continuous)
Market TypeNative (Validator Perp)

Frequently Asked Questions

What leverage is available for GMX on Hyperliquid?

You can trade GMX perpetual futures with up to 3x leverage on Hyperliquid. Start with lower leverage (2-5x) if you are new to the platform.

What are the trading fees for GMX on Hyperliquid?

Base taker fee is 0.045% and maker rebate is 0.015%. Fees decrease with higher volume tiers and HYPE staking. Sign up with our referral code for a 4% discount.

How does GMX funding work on Hyperliquid?

Funding is calculated hourly and settles continuously. When the rate is positive, longs pay shorts. When negative, shorts pay longs. The rate reflects the premium between mark and oracle prices.

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