GMX
2 placements on ChainChoice under GMX, each scored against its own category's pool and criteria — #1 in one of them. The placements are not averaged and not ranked against each other: a #1 exchange and a #6 crypto card are two different products in two different markets.
Perp House Vaults
GMX GM / GLV poolsRank#1 OverallScore81
Leads the published order
View verdictPerp DEXs
GMXRank#6 OverallScore60
#1 in this category: Gains Network (gTrade)
View verdictPerp House Vaults
How you can lose money here, and what the ranking scores
- Control failure (GMX GM / GLV pools 9/10): a key or vote changes the rules, freezes or mints.Scored by When one trader's win is bigger than the pool, who pulls the plug — a rule I can read, or a vote I'll never hear? · 28%
- Insolvency failure: the firm or issuer that owes you cannot pay.Scored by How much has this vault already lost when a trader won — and can I check that number myself, today, for free? · 32% (GMX GM / GLV pools 8/10)Scored by Who eats the loss before I do — and if I try to leave first, how much do they take? · 24% (GMX GM / GLV pools 6/10)
Not assessed by this ranking: Contract failure, Oracle failure, Regulatory failure, Execution failure, Exit failure. A high place says nothing about these; the Methodology tab says what each means. Also scored, as cost, quality or a summary of several families: Is the number they advertise what I actually earned, or does it quietly leave out what the traders took from me? (16%).
Perp DEXs
How you can lose money here, and what the ranking scores
- Contract failure: the code holding the funds is exploited.Scored by Security & track record · 60%
- Control failure: a key or vote changes the rules, freezes or mints.Scored by Decentralization & trust-minimization · 40%
Not assessed by this ranking: Oracle failure, Insolvency failure, Regulatory failure, Execution failure, Exit failure. A high place says nothing about these; the Methodology tab says what each means.