Size and Money Locked
BitFi has about $325 million locked in its protocol, while GMX holds roughly $227 million. Both platforms saw a slight decline in TVL over the past week, with BitFi down about 2.8% and GMX down about 2.1%.
Activity and Fees
GMX processes around $718 k of trading volume each day and users pay about $13 k in fees over 24 hours. BitFi reports no daily volume or fees in the available data, indicating lower on‑chain activity during the snapshot.
Networks and Reach
BitFi operates on eight chains, including BSC, Ethereum, Base, and others, giving it a broad multi‑chain footprint. GMX is available on five networks such as Arbitrum, Avalanche, and Solana, focusing on a smaller set of high‑throughput chains.
Who Each Platform Suits
BitFi may appeal to users who value a larger pool of locked assets and a wide range of supported blockchains. GMX is better suited for traders seeking active markets, measurable fee revenue, and deep liquidity on fewer, high‑performance chains.