Derivatives
GMTrade
Total TVL
$36.71M
Active pools
74
Chains supported
1
Official site: https://gmtrade.xyz ↗
Overview
GMTrade is a derivatives protocol that enables users to trade various financial instruments with leverage and margin capabilities. Participants can open long or short positions, generate trading fees, and access liquidity pools for collateralized trades.
The protocol holds $42M in TVL across 67 active pools on one chain: Solana dominates entirely at 100%. This concentration suggests a single-chain risk profile with no diversification across multiple networks.
Audit posture is light, with only one audit reference available. Token economics data is unavailable, making it difficult to assess the relationship between market capitalization and total value locked.
Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.
TVL by chain
| Chain | TVL on chain |
|---|---|
| Solana | $36.71M |
TVL history
Top pools
| Chain | Symbol | TVL | APY |
|---|---|---|---|
| Solana | XAU-USDC | $3.62M | 100.72% |
| Solana | XAG-USDC | $2.60M | 99.15% |
| Solana | WTI-USDC | $2.25M | 40.80% |
| Solana | SOL-USDC | $2.24M | 181.85% |
| Solana | USDCHF-USDC | $2.12M | 25.81% |
| Solana | NZD-USDC | $2.09M | 19.62% |
| Solana | BTC-USDC | $2.02M | 87.80% |
| Solana | USDCAD-USDC | $2.02M | 8.69% |
| Solana | AUD-USDC | $1.89M | 23.64% |
| Solana | GBP-USDC | $1.87M | 26.70% |
FAQ
› What is GMTrade?
GMTrade is a perpetual DEX built on Solana that supports both crypto and RWA markets. The protocol utilizes isolated liquidity pools combined with a cross-pool coordination system that optimizes liquidity utilization. It aims to provide a seamless trading experience with fast execution and low fees while maintaining security and decentralization.
› How much TVL does GMTrade have?
GMTrade has $36.71M in total value locked across all supported chains as of the last refresh.
› How many active pools does GMTrade have?
We currently track 74 active pools for GMTrade.
› Is GMTrade audited?
DefiLlama lists 1 audit for GMTrade. Audits reduce smart-contract risk but do not eliminate it.
See our methodology for how this data is collected.