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Scores/GMX V2

GMX V2

DAMASCUS

Perps DEX · Arbitrum + Avalanche · $500M+ TVL · 20 contracts

Official site: gmx.io

784
3004756508251000
Confidence64%
Z-Factor0.75
Updated 2026-06-12Public score

Security Profile

Access Ctrl
75
Economic
72
Oracle
78
Compos.
70
Govern.
55
Maturity
75
Resilience
60
Supply Ch.
82
OpSec
53
Cascade
87
Min
53
Avg
71
Max
87

Audit History

Sherlock Competition
2023-03Report
Guardian Audits
2023-07Report
Cyfrin
2024-01

Bug Bounty Program

$5,000,000
Max payout on Immunefi
View Program

Assessment

Mature perps protocol with V2 design improvements from V1 lessons. Oracle hardening from V1 exploit is a strength. Governance centralization (D5=55) and perps economic complexity (D2=72) are main drags.

Dimension Breakdown

Methodology
10 dimensions · Updated 2026-06-12

Top Score Drivers

Dimensions with the greatest marginal impact on BRI.

Operational Security
53+31.7 potential
Commit signing: 60% verified
Governance & Upgradeability
55+29.8 potential
Team multisig with no formal timelock on config changes
Access Control
75+25.7 potential
Complex order/position lifecycle with keeper execution
Adversarial Resilience
60+25.4 potential
Economic Soundness
72+21.1 potential
GM pool model isolates risk per market (improvement over V1 GLP)

Adversarial Risk Signals

Publicly verifiable security posture indicators.

Disclosure HistoryNot Assessed
Remediation VelocityNot Assessed
Bug Bounty ProgramNot Assessed
Audit CoverageNot Assessed
Incident HistoryNot Assessed
Deployed 2023-08-0410 dimensionsProvenance Ledger
methodology v2.1formula v1.1weights v1.1evidence sha256:sha256:6...

Score History & Verification

Score provenance tracking begins with the next reassessment.

On-Chain Data

Protocol Slug
"gmx-v2"
Oracle
BRORegistry (Base)
Evidence
IPFS (pinned)
Staleness Threshold
24 hours
Read Score
registry.getScore("gmx-v2")
Reduce exploitable risk

Continuous adversarial analysis, vulnerability detection, and verified reassessment.

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