GMX
Governance process: https://docs.gmx.io/docs/community/governance
as of 19 October 2026
Verdict
Quieter than it was: decisions are still being made, but less often than over the past year.
Key figures
Health breakdown
Participation
This sub-score could not be computed, so the remaining weights were adjusted to add up to 100%.
SnapshotTreasury diversification
79% of the treasury is held in assets other than the organization's own token.
DefiLlamaVote decentralization
This sub-score could not be computed, so the remaining weights were adjusted to add up to 100%.
SnapshotWhat moved the score
- Activity0
- Treasury diversification79
What changed
- 22 Sept 2026Health score fell from 52 to 36.
Treasury
| Own token | $5.8m | 21% |
|---|---|---|
| Stablecoins | $3.3m | 12% |
| Other major assets | $12.4m | 44% |
| Other | $6.6m | 24% |
Treasury values move with token prices. See the daily history for how this figure has changed.
Governance activity
Proposals per month
Text version of this chart
| 2025-10 | 1 |
|---|---|
| 2025-12 | 1 |
| 2026-01 | 2 |
| 2026-02 | 5 |
| 2026-03 | 1 |
| 2026-06 | 1 |
Health score over the last year
Text version of this chart
| Date | Value |
|---|---|
| 1 Sept 2026 | 53 |
| 2 Sept 2026 | 53 |
| 3 Sept 2026 | 53 |
| 4 Sept 2026 | 53 |
| 5 Sept 2026 | 53 |
| 6 Sept 2026 | 53 |
| 7 Sept 2026 | 53 |
| 8 Sept 2026 | 52 |
| 9 Sept 2026 | 52 |
| 10 Sept 2026 | 53 |
| 11 Sept 2026 | 53 |
| 12 Sept 2026 | 53 |
| 13 Sept 2026 | 53 |
| 14 Sept 2026 | 53 |
| 15 Sept 2026 | 53 |
| 16 Sept 2026 | 53 |
| 17 Sept 2026 | 53 |
| 18 Sept 2026 | 53 |
| 19 Sept 2026 | 53 |
| 20 Sept 2026 | 52 |
| 21 Sept 2026 | 52 |
| 22 Sept 2026 | 36 |
| 23 Sept 2026 | 36 |
| 24 Sept 2026 | 36 |
| 25 Sept 2026 | 36 |
| 1 Oct 2026 | 36 |
| 2 Oct 2026 | 36 |
| 3 Oct 2026 | 36 |
| 4 Oct 2026 | 36 |
| 5 Oct 2026 | 36 |
| 6 Oct 2026 | 36 |
| 7 Oct 2026 | 36 |
| 8 Oct 2026 | 36 |
| 9 Oct 2026 | 36 |
| 10 Oct 2026 | 36 |
| 11 Oct 2026 | 36 |
| 12 Oct 2026 | 36 |
| 13 Oct 2026 | 36 |
| 14 Oct 2026 | 34 |
| 15 Oct 2026 | 34 |
| 16 Oct 2026 | 34 |
| 17 Oct 2026 | 32 |
| 18 Oct 2026 | 32 |
| 19 Oct 2026 | 32 |
Recent proposals
GMX Team Long-Term Incentive Program
23 Jun 2026GMX Security Committee Season 4
16 Mar 2026GMX Labs Leadership Update
24 Feb 2026A Strategic Plan to Neutralize CEX Supply Overhang and Restore GMX Price Discovery (Revised)
19 Feb 2026Staker-Driven Trading Fee Discounts & Performance-Based Leaderboard Incentives
10 Feb 2026Dynamic BB&D Adjustment: 5-15% APR Band with Buffer (1-Year Trial)
9 Feb 2026GMX Marketing & Trader Incentive Program
2 Feb 2026GMX Labs Funding Proposal (2026-2027)
23 Jan 2026PROPOSAL of BURNING
20 Jan 2026GMX V2 Deployment on MegaETH
24 Dec 2025
Participation and power
Top voters in recent votes
- 10xD5BB…9c0a56%
- 20x004c…7fAC16%
- 30x38e0…A7667.2%
- 40x31Fb…3a352.1%
- 50x761F…9Eed1.8%
- 60x8929…eD691.0%
- 70x00cb…67870.9%
- 80x35c2…63760.8%
- 90x6ade…03ac0.8%
- 100x8172…15560.7%
Addresses are shown as the source publishes them. daohaus.com makes no attempt to identify the people behind them.
Snapshot · 19 Oct 2026Sources and verification
Every figure on this page was read from one of these. Each row links to the page a person can check.
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Something wrong?Comparing organizations side by side is planned for a future update.
A classification of how much control software agents hold is planned for a future update.