defirisk.co
rubric v1.7.0

TVL concentration (top-10 wallet share)

GMX v2 (GMX Synthetics)'s assessment for RD-F-064 — scored gray on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

GM pool LP token concentration across GMX v2 markets is not enumerable from available public sources. stats.gmx.io returned ECONNREFUSED on 2026-05-05. Dune Analytics queries are not accessible via WebFetch (JS-rendered SPA). No subgraph query was executed. Governance token (GMX) whale context exists from search results (Blocktower ~336K GMX, Arthur Hayes ~200K GMX per CryptoNewsNavigator) but this reflects governance token concentration, not GM LP pool concentration. LP pool concentration for individual GM market tokens cannot be confirmed. Gray: data source inaccessible.

Sources #

Methodology #

Compute the percentage of protocol TVL held in the top-10 depositor addresses.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol gmx-v2 factor RD-F-064 score gray collected_at 2026-05-05 11:15:06