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Is GMX safe?

#313D

GMX·GMX·Arbitrum

$8.91+7.03% (24h, feed)+0.67% (1h, feed)0.00% Change (3h)

GMX (GMX) · Arbitrum · on-chain safety read, grade D (49/100)

Data snapshot: 2026-10-16 · source: live token feeds + on-chain flags · refreshed weekly · not financial advice

DD · see the safety checks › Swap GMX safely →

GMX price and market data

Market cap
$88.38M
Liquidity
$2.34M
FDV
$92.72M
Holders
297,710
Age
212 days
24h volume
$132.72K DEX
Volume / Mcap
0.15%
Circulating supply
10,470,861 GMX (95.3%)
Total supply
10,985,596 GMX
Max supply
Uncapped
Low measured
$7.74 · 09-28
High measured
$8.91 · 10-16
Top-10
81.37%

Official links

Explorer arbiscan.io

Live candles — most active pool via GeckoTerminal · our dated on-chain measurements are the other tabs

GMX markets — tracked pools

Most active tracked pools — read live.

PoolVenueLiquidity24h volumeVolume %
GMX / ETH 0.05%Uniswap V4 (Arbitrum)$1.03M$146.55K50.4%Trade
GMX / WETH 0.3%Uniswap V3 (Arbitrum)$141.63K$73.78K25.4%Trade
USDC / GMX 0.3%Uniswap V3 (Arbitrum)$68.22K$30.43K10.5%Trade
GMX / WETH 0.612%Camelot V3$93.56K$27.57K9.5%Trade
USDC / GMX 1%Uniswap V3 (Arbitrum)$238.95K$12.57K4.3%Trade

Trade GMX

Live quote and wallet connect open in the app — free, non-custodial.

GMX to USD converter

GMX=$8.91USD

Global GMX prices

GMX to EURGMX to GBPGMX to JPYGMX to AUDGMX to CADGMX to CHFGMX to CNYGMX to BRLGMX to INRGMX to KRW
⚠ Can mint✓ Cannot freeze

HostDeFi score: higher = safer (0–100)

Flags to weigh
  • the contract can mint new supply — holders can be diluted at will contract red flags
  • the contract owner can change balances — it could zero a holder out holder distribution
  • the contract owner is hidden — control exists but is obscured
Clean checks
  • the contract cannot pause or blacklist transfers
  • contract source code is verified
  • liquidity is workable for the token's size liquidity locks
  • the creator wallet holds under 5% of supply (<0.01%) dev-wallet flags

Re-scan GMX live before you trade

On-chain state changes — verify the current read, then swap non-custodially if it clears.

Swap GMX safely →Scan & trade in Telegram

What the data says about GMX

GMX at 0xfc5a1a6eb076a2c7ad06ed22c90d7e710e35ad0a is the governance and fee-share token of the GMX perpetuals exchange on Arbitrum — the asset whose stakers earn a cut of the venue's real trading revenue rather than emissions-funded yield. The October 9, 2026 snapshot prices an $88.4 million market cap on the 11.0 million local units, with the $92.7 million fully-diluted figure sitting barely above the cap — a supply nearly fully emitted, the designed scarcity of a hard-capped exchange token.

The local book at this deployment — 194 days into its recorded history — holds $2.3 million of workable tracked depth on $73.4 thousand of daily volume: a book that does its real turnover across the venue's own GLP markets and sister deployments rather than this slice of pools.

Graded B. For a revenue-token the unmeasurable part is fee flow; the measurable part — the cap-to-FDV gap closing, the pool depth, the contract — is printed measured above.

Figures dated October 9, 2026; the live scan refreshes them.

Balance concentration: the 10 largest token accounts hold 81.37% of GMX's supply as of 2026-09-27 — a heavily concentrated distribution — a handful of accounts can move or exit this market at will. Note these are token accounts: liquidity pools, exchange wallets and lockers count among them, so read this together with liquidity, not instead of it.

Price and safety history of GMX

Every dated snapshot we hold for GMX — price, market structure and grade, as measured, with nothing interpolated between them.

DatePriceMarket capLiquidityHoldersGrade
2026-10-16$8.91$95.16M$2.06M297,710D
2026-10-15$8.33$87.26M$2.04M297,710D
2026-10-14$8.44$88.41M$1.98M297,710D
2026-10-13$8.69$90.95M$2.07M297,710D
2026-10-12$8.25$86.42M$2.40M297,710D
2026-10-11$8.39$87.85M$2.38M297,710D
2026-10-10$8.47$88.73M$2.38M297,710D
2026-10-09$8.44$88.38M$2.34M297,710D
2026-10-08$8.23$86.15M$2.43M297,779D
2026-10-07$8.18$85.62M$2.43M297,779D
2026-10-06$8.82$92.30M$2.58M297,739D
2026-10-05$8.53$89.26M$2.57M297,779D
2026-10-04$8.60$90.03M$2.57M297,779D
2026-10-03$8.17$85.44M$2.56M297,779D
2026-10-02$7.86$82.20M$2.54M297,779D
2026-10-01$7.90$82.59M$2.58M297,779D
2026-09-30$7.84$81.96M$2.55M297,779D
2026-09-28$7.74$80.97M$2.56M297,779D
2026-09-27$8.47$88.56M$2.61M297,779D
2026-09-26$8.36$91.86M$2.60M297,779D
2026-09-21$8.03$83.94M$2.60M297,779D

Contract

0xfc5a1a6eb076a2c7ad06ed22c90d7e710e35ad0a

Verify GMX by this address, never by name or ticker.

Put the GMX grade on your site

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Linked shield · click to copy<a href="https://hostdefi.com/token/arbitrum/gmx/" target="_blank" rel="noopener"><img src="https://hostdefi.com/api/badge/arbitrum/0xfc5a1a6eb076a2c7ad06ed22c90d7e710e35ad0a.svg" alt="GMX safety grade D on HostDeFi"></a>
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Markdown (READMEs) · click to copy[![GMX safety grade](https://hostdefi.com/api/badge/arbitrum/0xfc5a1a6eb076a2c7ad06ed22c90d7e710e35ad0a.svg)](https://hostdefi.com/token/arbitrum/gmx/)
Page link (carries your ref) · click to copyhttps://hostdefi.com/token/arbitrum/gmx/

FAQ

Is GMX a safe token?

As of the 2026-10-09 snapshot, GMX scores 49/100 (grade D) on HostDeFi's on-chain read — based on a contract that can mint new supply, cannot freeze or blacklist transfers, liquidity of $2.34M and 297,710 holders, with the creator wallet holding <0.01% of supply. That grades contract and market structure, not price direction — a clean read is not a guarantee, so re-scan before trading, since on-chain state can change.

Can you sell GMX, or is it a honeypot?

The 2026-10-09 contract read found no sell-blocking controls on GMX — no honeypot flag, no transfer pause, no blacklist — and every honeypot GoPlus positively flags is dropped from this index outright. That clears the contract side; how cleanly an exit fills still depends on your size against the $2.34M of measured depth.

Who holds most of GMX?

The wallet that created GMX holds <0.01% of the supply as of 2026-10-09 — a small stake, under the 5% the scanners flag. That sits alongside a holder base of 297,710; a broad base lowers the odds that any one seller can steer the price, but the creator's share is the number to watch first.

Can GMX's supply be inflated?

Yes — the contract can still mint new supply as of the 2026-10-09 snapshot, so the deployer or a minter role can dilute holders. Treat the circulating figure as a floor, not a cap.

What is the GMX contract address?

The GMX contract address on Arbitrum is 0xfc5a1a6eb076a2c7ad06ed22c90d7e710e35ad0a. Always verify a token by its contract address, not its name or ticker — scam clones copy tickers, but the address is unique.

Where can you buy GMX safely?

Run the live on-chain scan at the top of this page first; if GMX clears, you can swap it here directly. Whatever venue you use, match the contract address (0xfc5a1a6eb076a2c7ad06ed22c90d7e710e35ad0a) exactly before trading — copying the ticker is how clone scams catch buyers, and the address is the one field they can't fake.

More Arbitrum tokens

DORY$2.24MDAI$2.01MARB$2.84MPENDLE$3.11MLINK$1.35MUSDAI$1.19M
Compare: GMX vs DORYGMX vs DAIARB vs GMXPENDLE vs GMXGMX vs LINKGMX vs USDAI

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HostDeFi is an educational risk tool, not financial advice. Figures are a dated on-chain snapshot and can change; a clean read is not a guarantee. Always do your own research. Free · no signup · a HostDeFi product