HostGMX vs DAI — price, size and safety, side by side
GMX (Arbitrum) vs DAI (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-09-27 / 2026-09-27.
GMX vs DAI — normalized performance, 2026-09-21 to 2026-09-27T18:22:06
| GMX | DAI | |
|---|---|---|
| Price | $8.47 | $1.00 |
| Market cap | $88.56M | $4.62B |
| 24h volume | $174.01K | $2.79M |
| Liquidity | $2.61M | $73.15M |
| FDV | $93.01M | $4.62B |
| Holders | 297,779 | 707,548 |
| Age (days) | 194 | 1,526 |
| Safety grade | D | B |
Where they differ
- DAI measures ~52× the market cap of GMX
- DAI measures ~28× the liquidity of GMX
- DAI measures ~16× the 24h volume of GMX
- DAI measures ~2.4× the holder count of GMX
What the data says
GMX
GMX at 0xfc5a1a6eb076a2c7ad06ed22c90d7e710e35ad0a is the governance and fee-share token of the GMX perpetuals exchange on Arbitrum — the asset whose stakers earn a cut of the venue's real trading revenue rather than emissions-funded yield. The September 27, 2026 snapshot prices an $88.6 million market cap on the 11.0 million local units, with the $93.0 million fully-diluted figure sitting barely above the cap — a supply nearly fully emitted, the designed scarcity of a hard-capped exchange token.
The local book at this deployment — 194 days into its recorded history — holds $2.6 million of workable tracked depth on $73.4 thousand of daily volume: a book that does its real turnover across the venue's own GLP markets and sister deployments rather than this slice of pools.
DAI
DAI answered a question the other stablecoins on this site don't ask: can a dollar exist on-chain without a company behind it? Since 2019, the contract at 0x6b175474e89094c44da98b954eedeac495271d0f has held near a dollar not because anyone promises redemption at a bank, but because every DAI is minted against locked crypto collateral worth more than it, with interest rates and liquidations — governed by MakerDAO, now rebranded Sky — doing the work a treasurer would. No single company can freeze your DAI or pause the contract; that censorship-resistance is the property its holders are actually paying for.
The honest complications have grown over the years. A large share of DAI's backing has long included centralized stablecoins and real-world assets, which reimports a slice of the issuer risk the design was born to escape — the March 2023 weekend when USDC's depeg dragged DAI to roughly $0.89 alongside it made that dependency visible. And the 2024 rebrand to Sky, with its upgrade path to the newer USDS token, means DAI is now the legacy branch of its own ecosystem: still enormous, still redeemable through the same machinery, but no longer where its creators' roadmap points. Neither fact is a defect; both belong in the price of holding it.
FAQ
Which is bigger, GMX or DAI?
By tracked market cap: GMX (Arbitrum) measures $88.56M and DAI (Ethereum) measures $4.62B — dated snapshots, not a live feed.
Which is safer, GMX or DAI?
On the contract checks we publish: GMX (Arbitrum) grades D and DAI (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have GMX and DAI performed over the shared window?
Between 2026-09-21 and 2026-09-27T18:22:06, the measured snapshots show GMX at +5.49% and DAI at +0.63%.
More comparisons
GMX vs SYRUPUSDCGMX vs NVDABHYUSD vs GMXKMNO vs GMXDAI vs PYUSDDAI vs BTCBDAI vs CBBTCUSDC vs DAI
The grade column is the one CMC's compare page cannot print — our grade is computed from the contract itself (mint/freeze authority, liquidity, holder concentration). Changes are measured over the shared window stated on the chart, 2026-09-21→2026-09-27T18:22:06; a token with fewer measured points measures a shorter span inside it.
Figures are dated on-chain snapshots, not a live feed. Safety grades are structural checks — not investment advice. Free · no signup · a NexFlow product.