what's GMTrade?
GMTrade is a decentralized perpetuals exchange built on Solana, enabling users to trade crypto futures with up to high leverage directly from their wallets without intermediaries. Liquidity providers can deposit into pools to earn a share of trading fees, then stake LP tokens for additional rewards in the native GT token. Longer staking durations amplify GT yields, incentivizing stable liquidity provision in a dynamic DeFi environment.
GMTrade achieved $372M in 7-day perpetual volume; GT points program ongoing.
Links
x.com/gmx_solAchieved $595M in weekly trading volume and $2.1B in 30-day trading volume.
Recorded $2.415 billion in cumulative trading volume over 30 days and $700M in the last 7 days.
Reached $15 million in open interest (all-time high).
Achieved over $100 million in 24-hour trading volume on 2026-02-10.
GLV Vault offers 34% APY on USDC deposits.
Ranks #3 by volume among Solana perpetual futures platforms, and #4 overall as of February 2026.
GT token mint price increases 2.1% every 210,000 GT minted, currently at Cycle 168 with a mint cost of $0.3283 (from an initial $0.01) and 35.2M total GT minted.
Reached $600M in perpetual trading volume over 30 days, with $372M in the last 7 days, and $502M in January 2026.
Runs GT points program where points serve as TGE credentials, provide fee rebates and protocol rewards, earned through trading fees, liquidity provision, staking, and referrals.
Launched Forex perpetuals feature with initial support for GBP/USD, EUR/USD, AUD/USD, and NZD/USD pairs, utilizing Solana network for settlement.
Integrated Chainlink Data Streams to provide pricing data for newly launched commodity perpetual futures products, starting with gold and silver.
The mobile app launches, enabling trading on GMX on Solana network.
The project officially rebrands from GMXSOL to GMTrade and announces the upcoming launch of a mobile APP for mobile-optimized trading.