DeepBook Protocol vs GMX — how do they compare? DeepBook Protocol trades at Rp250.58 (market cap Rp1,41T, Rp46,05M 24h volume), while GMX trades at Rp119,287 (market cap Rp1,25T, Rp36,56M 24h volume). The key difference: DeepBook Protocol and GMX are close in size by market cap, and DeepBook Protocol's circulating supply is 5,6B / 10B DEEP (57%) versus 10,5M / 13,3M GMX (79%) for GMX. Which is the better fit depends on your goals — on Pluang, investors hold DeepBook Protocol for 14 Days and GMX for 46 Days on average.
| DEEP | GMX | |
|---|---|---|
Market Cap | Rp1,41T | Rp1,25T |
Volume (24h) | Rp46,05M | Rp36,56M |
Circulating Supply | 5,6B / 10B DEEP (57%) | 10,5M / 13,3M GMX (79%) |
Typical Hold Time | 14 Days | 46 Days |
What Pluang investors did over the last 30 days
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DeepBook is a decentralized central limit order book (CLOB) on the Sui blockchain, offering high performance and low latency. It operates entirely on-chain, enhancing programmability and liquidity in the DeFi ecosystem. By providing tighter liquidity and greater control for liquidity providers compared to traditional models, DeepBook serves as the key wholesale liquidity venue for diverse financial services.
Read more on DEEP →GMX is a decentralized exchange (DEX) for trading perpetual cryptocurrency futures with up to 50X leverage on popular cryptocurrencies like BTC, ETH and more. The platform launched in September 2021 as Gambit Exchange. To date, GMX has a total trading volume of over $130B and 283K total users, making it the leading derivatives DEX on Arbitrum and Avalanche.
Read more on GMX →