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crypto0.5 %GMX, pioneer of decentralized perps, now holds only 0.5% of the market

GMX, pioneer of decentralized perps, now holds only 0.5% of the market

GMX, a historic decentralized derivatives platform, is losing ground to Hyperliquid.

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The fact

Its market share has collapsed to 0.5%, according to a recent sector analysis.

The protocol's survival is now being questioned by industry players.

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Why it matters

La chute de GMX à 0,5 % du marché des perps décentralisés pourrait accélérer sa marginalisation, incitant les utilisateurs et investisseurs à migrer vers des plateformes concurrentes comme Hyperliquid.

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Auto-synthesis from 1 media source · identified on August 5, 2026
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