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Open interest in GMX — how much money sits in open futures positions on GMX and how it flows between exchanges. OI rising together with price means inflow; rising against price is a risk of reversal. The data ticks in real time across every exchange.

About GMX

GMX is a leading permissionless onchain exchange, enabling you to trade 70+ assets with up to 100x leverage from your self-custody wallet. The DEX is live on Arbitrum, Avalanche, and Solana, and in the process of enabling multichain access from all popular EVM blockchains. Trading on GMX is facilitated by isolated GM pools and capital-efficient GLV vaults, enabling anyone to provide liquidity and earn fees.

Decentralized Finance (DeFi), Derivatives, Perpetuals, Avalanche Ecosystem

Open interest in GMX — $5.1M

GMX arbitrage right now

News about GMX

About GMX open interest

What does open interest in GMX show?

The total of all open futures contracts on GMX. Rising — new money is entering the market; falling — positions are being closed. A sharp jump often precedes a strong move or a squeeze.

Why watch GMX OI?

OI diverging from price signals a possible reversal; overheating (too much leverage) raises the risk of cascading liquidations. OI migrating between exchanges shows where the interest is concentrating.

How do I get GMX OI alerts?

Add an Open Interest condition in the the builder with the mode you want (inflow / overheating / divergence) and a threshold — the notification arrives as a Telegram direct message.