GMTrade
A GMX V2-style perpetual DEX on Solana for crypto and real-world-asset markets, offering up to 500x leverage from your own wallet.
Overview
GMTrade is a decentralized perpetual futures exchange on Solana that brings the GMX V2 liquidity-pool model to the network. Originally launched in March 2025 as GMXSOL after a GMX DAO vote, it rebranded to GMTrade in November 2025 to establish an independent identity. Traders interact directly with on-chain liquidity pools from self-custodial wallets, with no deposits, sign-ups, or KYC required.
The exchange specializes in real-world-asset perpetuals, listing more than 50 markets that span crypto, forex, commodities, equities, and indices, with leverage up to 500x on select assets. A multi-pool architecture isolates risk at the pool level and coordinates liquidity through a GLV-style vault system, while a GT-based trade-to-mint model rewards activity and offsets trading costs. GMTrade has grown into one of the largest perp DEXs on Solana by volume.
GMTrade fits traders who want leveraged exposure to both crypto and traditional markets without leaving Solana or surrendering custody. Connect a Solana wallet, choose a market, and trade or provide liquidity to a GM pool. Platform mechanics, contracts, and the GT points program are documented at docs.gmtrade.xyz.
The Problem
Most on-chain perp venues limit traders to crypto markets and orderbook depth that thins out for large or exotic positions. Accessing forex, commodities, or equity exposure usually means leaving DeFi for a centralized broker.
The Solution
Key Features
Real-World-Asset Markets
Trade 50+ perpetual markets spanning crypto, forex, commodities, equities, and indices on Solana.
Up to 500x Leverage
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Resources
GMTrade documents its architecture, supported markets, and GT points program at docs.gmtrade.xyz, with open-source work under the gmsol-labs GitHub organization and updates on X. Trading runs directly from a connected Solana wallet at gmtrade.xyz.
