GMX Perpetual on Hyperliquid
GMX Perpetual on Hyperliquid — price $8.040 (+7.00% 24h), funding +0.0013%/1h, open interest $896.1K, 24h volume $312.0K. Annualized funding +11.0%. Source: Hyperliquid official · as of 2026-09-06 18:45 UTC
Daily closes spanning the full history since listing. Switch to 1M for finer hourly-snapshot detail (our moat, collected since 2026-06-14).
/api/hl/markets/gmx-perp/history?format=csv&from=2026-06-14&to=2026-09-06&granularity=dailyDaily/weekly/monthly rollups from D1. File header carries the attribution line.
Historical data is free to cite and reuse with attribution — link this page or hyperacademy.io.
Predicted funding (Binance/Bybit normalized to a 1h basis). Informational only — not investment advice.
GMX is the governance and fee-sharing token of a decentralized perpetual and spot exchange that predates Hyperliquid, originally built on Arbitrum and later expanded to additional chains, using a shared liquidity-pool model rather than a central limit order book to back trader positions. Stakers of GMX (and its escrowed variant) receive a share of the protocol's trading fees, which has made GMX one of the more closely watched "real yield" DeFi tokens whose value is tied directly to trading volume on the exchange. Because GMX sits in the same broad category as Hyperliquid itself — decentralized perpetuals trading — traders sometimes watch it as a bellwether for the sector's overall health rather than in isolation. Leverage here sits at a lower tier appropriate for GMX's mid-cap size. Funding on GMX-USD often reacts to the exchange's own trading-volume and fee-revenue trends alongside general DeFi sentiment.
How does Hyperliquid tier leverage for GMX?
3x is where Hyperliquid has GMX's leverage pegged.
How does GMX generate value for token holders?
Stakers of GMX receive a share of the underlying decentralized exchange's trading fees, tying the token's value directly to trading volume rather than speculative narrative alone.
Why do traders watch GMX as a sector indicator?
Since GMX operates in the same broad decentralized-perpetuals category as Hyperliquid itself, some traders use its price and volume trends as a rough gauge of overall sector health.
What is the GMX Perpetual funding rate on Hyperliquid?
As of the latest snapshot, GMX Perpetual funding is +0.0013%/1h (≈ +11.0% annualized). Hyperliquid settles funding every hour. As of 2026-09-06 18:45 UTC.
What are GMX Perpetual's 24h volume and open interest?
GMX Perpetual currently has $312.0K in 24h volume and $896.1K in open interest. As of 2026-09-06 18:45 UTC.
What is GMX Perpetual's all-time high on Hyperliquid?
GMX Perpetual's all-time high is $91.660 on 2023-04-18; the all-time low is $3.589 on 2025-10-10. The 52-week range is $3.589–$18.420. As of 2026-09-06 18:45 UTC.