GMX vs Synapse — how do they compare? GMX trades at Rp119,481 (market cap Rp1,24T, Rp35,11M 24h volume), while Synapse trades at Rp1,928 (market cap Rp450,03M, Rp185,75M 24h volume). The key difference: GMX is far larger — about 2755.4× Synapse's market cap, and GMX's circulating supply is 10,5M / 13,3M GMX (79%) versus 233,9M / 250M SYN (94%) for Synapse. Which is the better fit depends on your goals — on Pluang, investors hold GMX for 46 Days and Synapse for 18 Days on average.
| GMX | SYN | |
|---|---|---|
Market Cap | Rp1,24T | Rp450,03M |
Volume (24h) | Rp35,11M | Rp185,75M |
Circulating Supply | 10,5M / 13,3M GMX (79%) | 233,9M / 250M SYN (94%) |
Typical Hold Time | 46 Days | 18 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 →Synapse is an interoperability protocol designed to safely and securely send arbitrary data between blockchains. Users can transfer and swap their assets across many chains, including layer 1, layer 2, and sidechain ecosystems. The project aims to improve inter-blockchain compatibility by helping users move their assets between networks more efficiently.
Read more on SYN →