GMX vs PayPal USD — how do they compare? GMX trades at Rp119,459 (market cap Rp1,25T, Rp38,08M 24h volume), while PayPal USD trades at Rp17,867 (market cap Rp49,95T, Rp3,28T 24h volume). The key difference: PayPal USD is far larger — about 40× GMX's market cap, and GMX's supply is capped (10,5M / 13,3M GMX (79%)) while PayPal USD's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold GMX for 46 Days and PayPal USD for 26 Days on average.
| GMX | PYUSD | |
|---|---|---|
Market Cap | Rp1,25T | Rp49,95T |
Volume (24h) | Rp38,08M | Rp3,28T |
Circulating Supply | 10,5M / 13,3M GMX (79%) | 2,8B PYUSD |
Typical Hold Time | 46 Days | 26 Days |
What Pluang investors did over the last 30 days
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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 →PayPal USD is a stablecoin that is fully backed by U.S. dollar deposits and short-term U.S. Treasuries. It can be redeemed 1:1 for U.S. dollars and is issued by Paxos Trust Company.
Read more on PYUSD →