If had 's mcap →
GMX needs a 3.5Kx move to match ETH's valuation
GMX is a leading permissionless onchain exchange, enabling you to trade 70+ assets with up to 100x leverage from your self-custody wallet.
Ethereum is a global, open-source platform for decentralized applications.
FOR CONTEXT
$217.97B compared to the worldAbout this comparison
This page compares the market capitalizations of GMX (GMX) and Ethereum (ETH). With GMX currently at $5.96 per coin and a market cap of $62.15M, and Ethereum at $1,806.23 with a market cap of $217.97B, applying Ethereum's market cap to GMX's circulating supply produces a hypothetical GMX price of $20,894.58 — a 3.5Kx move from current.
GMX: GMX is a leading permissionless onchain exchange, enabling you to trade 70+ assets with up to 100x leverage from your self-custody wallet.
Ethereum: Ethereum is a global, open-source platform for decentralized applications.
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If GMX had Ethereum's market cap, what would the price be?
If GMX (GMX) had Ethereum's (ETH) current market cap of $217.97B, each GMX would be worth approximately $20,894.58 based on the circulating supply of 10,431,790 GMX. That is 3.5Kx the current GMX price of $5.96.
What is the current market cap of GMX?
GMX (GMX) currently has a market cap of $62.15M, ranking #385 by market capitalization. Each GMX trades at $5.96.
What is the current market cap of Ethereum?
Ethereum (ETH) currently has a market cap of $217.97B, ranking #2 by market capitalization. Each ETH trades at $1,806.23.
How does GMX compare to ETH?
GMX's market cap of $62.15M sits orders of magnitude beyond Ethereum's $217.97B. For GMX to reach ETH's current valuation, the price would need to move 3.5Kx from its current level.
Is this comparison financial advice?
No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming GMX's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.