GMX Guide

Live protocol activity

GMX trading statistics

Normalized 24-hour volume, open interest and leading perpetual pools from GMX's official pair feeds across its direct-trading networks.

24h trading volume

$33.81M

Open interest

$71.94M

Perpetual pools

147

Network snapshot

Build snapshot · refreshes every 60 seconds

Arbitrum

24h volume
$31.65M
Open interest
$70.65M
Perpetual pools
127

Avalanche

24h volume
$2.15M
Open interest
$1.27M
Perpetual pools
16

MegaETH

24h volume
$102.61
Open interest
$18.17K
Perpetual pools
4

Most active GMX markets

PairNetworkLast price24h volumeOpen interest
BTC/USD [BTC-USDC]Arbitrum$64,766.42$11.49M$25.76M
ETH/USD [WETH-USDC]Arbitrum$1,920.45$9.3M$20.01M
UNI/USD [UNI-USDC]Arbitrum$3.87$1.1M$463.98K
ETH/USD [ETH-USDC]Avalanche$1,920.86$923.1K$241.02K
HYPE/USD [BTC-USDC]Arbitrum$58.97$856.46K$793.97K
AVAX/USD [WAVAX-USDC]Avalanche$6.67$831.99K$512.66K
SHIB/USD [WETH-USDC]Arbitrum$0.000005$826.6K$3.79K
ETH/USD [WETH]Arbitrum$1,920.45$791.98K$7.36M
TAO/USD [BTC-USDC]Arbitrum$197.23$701.86K$467.81K
DOGE/USD [WETH-USDC]Arbitrum$0.0727$547.77K$356.42K
SOL/USD [SOL-USDC]Arbitrum$75.57$516.04K$2.66M
ARB/USD [ARB-USDC]Arbitrum$0.0823$441.22K$485.36K
VVV/USD [WETH-USDC]Arbitrum$13.76$402.7K$264.17K
WLFI/USD [WETH-USDC]Arbitrum$0.0551$400.5K$195.22K
AVAX/USD [AVAX-USDC]Arbitrum$6.67$373.45K$319.48K

What 24-hour volume measures

Target volume is the pair feed's USD-denominated rolling activity measure. We sum perpetual-pool values by network and show the most active pools individually. Volume describes recent turnover, not deposited liquidity and not outstanding trader exposure.

A high-volume interval can come from directional volatility, liquidations, short holding periods or a concentrated market event. Compare volume with open interest instead of treating it as a standalone health score.

What open interest measures

Open interest is the current notional value of outstanding positions in the normalized pair record. It changes as positions are opened, reduced, closed or liquidated. High open interest can increase fee opportunity while also increasing imbalance and risk.

Use the GMX funding-rate page to see how the deepest pool for each asset is currently priced for funding and borrowing.

Why pool counts exceed symbols

GMX can list several markets for the same index token with different long or short collateral. Each market has its own token address, liquidity, open interest and rates. The pool count therefore should not be read as a count of unique assets.

The top-market table preserves the full ticker identifier and network. Developers should also preserve pool_id when storing the source response.

Data limits and freshness

The page is a snapshot, not an audited financial statement. Browser data refreshes every 60 seconds when the official endpoint responds, but upstream caching and network delays still apply. Totals can move between refreshes.

The source is the official network-specific /v1/pairs API. For implementation details, read our GMX API guide and the official API overview.