AprScope

Derivatives

GMTrade

Total TVL

$32.47M

Active pools

76

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 $32.47M

TVL history

TVL over time

Top pools

Chain Symbol TVL APY
Solana USDCAD-USDC $2.98M 42.74%
Solana SOL-USDC $2.24M 147.65%
Solana XAU-USDC $2.20M 58.87%
Solana USDJPY-USDC $1.82M 47.43%
Solana GBP-USDC $1.80M 45.02%
Solana USDMXN-USDC $1.75M 39.16%
Solana XAG-USDC $1.68M 124.82%
Solana AUD-USDC $1.64M 50.15%
Solana EUR-USDC $1.58M 37.40%
Solana BTC-USDC $1.57M 166.91%

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 $32.47M in total value locked across all supported chains as of the last refresh.

How many active pools does GMTrade have?

We currently track 76 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.