LIVE
BTC$64,214.00 0.56%ETH$1,806.23 0.49%USDT$0.9994 0.03%BNB$588.07 0.64%USDC$0.9999 0.02%XRP$1.15 0.97%SOL$82.25 0.64%TRX$0.3292 0.14%FIGR_HELOC$1.04 0.52%HYPE$70.94 0.50%DOGE$0.0770 1.74%USDS$0.9998 0.00%RAIN$0.0151 0.24%LEO$9.39 1.40%ZEC$455.03 2.30%ADA$0.1846 3.08%XLM$0.2008 1.56%WBT$57.70 0.36%XMR$323.60 1.46%LINK$8.06 0.49%CC$0.1384 2.01%BCH$245.52 0.87%GRAM$1.79 0.27%LAB$15.49 6.99%DAI$0.9997 0.01%USD1$0.9988 0.02%USDE$0.9988 0.02%LTC$45.16 1.87%HBAR$0.0731 4.60%USDG$0.9999 0.01%BTC$64,214.00 0.56%ETH$1,806.23 0.49%USDT$0.9994 0.03%BNB$588.07 0.64%USDC$0.9999 0.02%XRP$1.15 0.97%SOL$82.25 0.64%TRX$0.3292 0.14%FIGR_HELOC$1.04 0.52%HYPE$70.94 0.50%DOGE$0.0770 1.74%USDS$0.9998 0.00%RAIN$0.0151 0.24%LEO$9.39 1.40%ZEC$455.03 2.30%ADA$0.1846 3.08%XLM$0.2008 1.56%WBT$57.70 0.36%XMR$323.60 1.46%LINK$8.06 0.49%CC$0.1384 2.01%BCH$245.52 0.87%GRAM$1.79 0.27%LAB$15.49 6.99%DAI$0.9997 0.01%USD1$0.9988 0.02%USDE$0.9988 0.02%LTC$45.16 1.87%HBAR$0.0731 4.60%USDG$0.9999 0.01%
G.MARKETS/PAIR ANALYSIS·GMX logoGMXEthereum logoETH· LIVE· as of 23:15 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

GMX WOULD BE
$0.00000000
currently $5.96 · target mcap $217.97B
MULTIPLIER
0.00x

GMX needs a 3.5Kx move to match ETH's valuation

COIN PROFILES·GMX vs ETH
GMX logoSOURCE

GMX is a leading permissionless onchain exchange, enabling you to trade 70+ assets with up to 100x leverage from your self-custody wallet.

PRICE$5.96
24H CHANGE 0.55%
MARKET CAP$62.15MFDV $62.15M · Fully circulating
RANK#385
SUPPLY10.4M GMX
DOMINANCE<0.01%
VS
Ethereum logo
ETHVerified by G.MARKETS
Ethereum
TARGET

Ethereum is a global, open-source platform for decentralized applications.

PRICE$1,806.23
24H CHANGE 0.49%
MARKET CAP$217.97BFDV $217.97B · Fully circulating
RANK#2
SUPPLY120.7M ETH
DOMINANCE7.27%
7d 1.58%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
3.5Kx bigger
GMX$62.15M
ETH$217.97B
THE CLIMBGMX logoGMXEthereum logoETHMULTIPLIER 3.5KxGAP$217.91B
$100.00M$1.00B$10.00B$100.00B
GMX logo
SOURCEGMX$62.15M
Ethereum logo
TARGETETH$217.97B
GALA logo
GALA$110.46M
CASH logo
CASH$126.55M
Theta Network logo
THETA$144.80M
EigenCloud (prev. EigenLayer) logo
EIGEN$171.01M
Tradable NA Rent Financing Platform SSTN logo
PC0000031$202.50M
DoubleZero logo
2Z$253.80M
Grass logo
GRASS$350.22M
Arbitrum logo
ARB$512.25M
ADI logo
ADI$735.99M
Pepe logo
PEPE$1.15B
PAX Gold logo
PAXG$1.88B
Gram (prev. Toncoin) logo
GRAM$4.87B
log scale · mcap in USDJul 6, 2026
GMX logo
GMXGMX
$62.15MSOURCE
GALA logo
GALA
$110.46M
CASH logo
CASH
$126.55M
Theta Network logo
THETA
$144.80M
EigenCloud (prev. EigenLayer) logo
EIGEN
$171.01M
Tradable NA Rent Financing Platform SSTN logo
PC0000031
$202.50M
DoubleZero logo
2Z
$253.80M
Grass logo
GRASS
$350.22M
Arbitrum logo
ARB
$512.25M
ADI logo
ADI
$735.99M
Pepe logo
PEPE
$1.15B
PAX Gold logo
PAXG
$1.88B
Gram (prev. Toncoin) logo
GRAM
$4.87B
Ethereum logo
ETHEthereum
$217.97BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF GMX HIT ETH MCAP·TARGET $20,894.58
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 GMX$596.00$2,089,457.72+$2,088,861.72
Coffee money1K GMX$5,960.00$20,894,577.25+$20,888,617.25
Small bag10K GMX$59,600.00$208,945,772.45+$208,886,172.45
Real bag100K GMX$596,000.00$2,089,457,724.52+$2,088,861,724.52
Whale bag1M GMX$5,960,000.00$20,894,577,245.21+$20,888,617,245.21
Generational10M GMX$59,600,000.00$208,945,772,452.14+$208,886,172,452.14
$217.97B compared to the world
UnitedHealthUNH
$450.00B
ETH mcap is 48.4% of UnitedHealth
NetflixNFLX
$380.00B
ETH mcap is 57.4% of Netflix
UberUBER
$160.00B
ETH mcap is 1.36× Uber
NikeNKE
$130.00B
ETH mcap is 1.68× Nike
StarbucksSBUX
$100.00B
ETH mcap is 2.18× Starbucks
SpotifySPOT
$90.00B
ETH mcap is 2.42× Spotify

About 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.