GMX (GMX)

Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.

Price, market cap, supply and all-time high from CoinGecko, fetched 6 Aug 2026. The 25 scores come from the research pass dated 11 Jun 2026 and don't move with price.

These are the closest matches to GMX measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.

• [aixbt/X/DeFiLlama] 24/7 gold/silver perps: $1.18B volume, $790K fees in week 1. Protocol rev ~$14M (not $42M total fees)
• [CoinGecko/GMX Substack] $20.86M in buybacks (1.33M GMX, 12.9% of supply)
• [GMX Substack] March 2026 governance overhaul: rewards locked until GMX hits $90
• [CoinMarketCap] Hard cap 13.25M supply, 78.5% already circulating

What is the Early Thunder score for GMX (GMX)?

GMX scores 143 out of 250 on the 25-variable framework, ranking 28th of 251 rated tokens (top quartile). The framework verdict is HOLD.

What are GMX's strongest fundamentals?

GMX ranks highest on Insider Selling 8/10, 2nd of 251, Catalyst Calendar 8/10, 3rd of 251, Supply Inflation 8/10, 8th of 251 and P/S Multiple 7/10, 9th of 251. Ranks are measured against all 251 tokens in the same scoring pass.

What are the weakest parts of the GMX thesis?

GMX scores in the bottom third of the universe on Real Staking Yield 1/10, 226th of 251. The single risk carried on the scorecard is: Sub-3% perp DEX share vs HYPE 70%, $90 reward open at $6.80 price, revenue was 3x overstated

How much GMX supply is still to enter circulation?

78.9% of eventual GMX supply is circulating today, leaving 1.27x the current float still to arrive. At a flat price per token that is 21.1% of fully diluted value ahead of current holders.

How far is GMX from its all-time high?

GMX trades 93% below its all-time high of $91.07. Returning to that high requires a 14.3x move from the level used in this scoring pass.

Which tokens have a similar profile to GMX?

Measured on the shape of all 25 scored variables rather than on price, the closest matches to GMX are ACH (97), COW (167), IOTA (78) and KNC (110). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.

What catalyst was GMX scored against?

24/7 commodity perps (gold/silver/oil) live April 2026, $1.18B first-week volume, RWA expansion This was written as forward-looking when the scoring pass ran. The April 2026 item has since passed, so read that part as history. Anything else listed may still be ahead.