Full GMX tokenomics breakdown: GMX token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Key questions and answers about GMX tokenomics.
GMX token distribution allocates 13,250,000 GMX across 3 primary stakeholder groups:
GMX uses variable cliffs and vesting schedules that change depending on the allocation:
83% of the total supply (11,002,800 GMX) is unlocked at TGE, with the tokens split between Community and Foundation.
GMX has a total supply of 13,250,000 GMX, of which 11,251,896 GMX (84.9% of total) is currently circulating.
Total length of the full GMX emission schedule is 2 years, with 84.76% released in Year 1, while the remaining 0.16% is released over the following 1 year.
52.8% of the GMX supply is allocated to community focused pools such as XVIX & Gambit Migration and Marketing & Partnerships.
GMX is a dual-utility and governance token at the heart of a decentralized perpetual exchange platform. With $GMX, token holders benefit from a strong revenue-sharing model, accruing 30% of platform-generated fees, which are distributed to stakers as a reward, aligning incentives between stakeholders and the platform's growth. This revenue comes from trading fees on spot and perpetual swaps, ensuring a consistent and sustainable reward structure for participants. As a governance token, $GMX empowers its holders with the ability to actively influence the platform's development and operational decision-making. Voting rights ensure a decentralized approach to protocol evolution, giving users the power to shape the future of the exchange. Additionally, the token is seamlessly integrated into the platform's ecosystem, allowing users to stake $GMX for esGMX (escrowed GMX) rewards and multiplier points, further boosting their yield potential. GMX's tokenomics model is also designed with long-term growth in mind. The capped token supply ensures value retention over time, while incentive mechanisms drive user engagement and platform adoption. The ecosystem provides innovative features like low-cost swaps, zero price-impact trades, and competitive leverage trading of up to 50x, supported by a robust liquidity pool that caters to traders, stakers, and liquidity providers alike. By holding $GMX, users tap into a high-utility ecosystem with sustainable revenue and governance returns, making it a critical asset in the world of decentralized finance. Whether for staking, earning, or driving the platform's future decisions, $GMX aligns its tokenomics with user needs and the platform's overall growth. Explore the GMX platform to unlock the full potential of $GMX tokenomics.