GMX Drawdown History
Daily-close data from 5 October 2022 to 12 October 2026 (48 months). Last updated 12 October 2026.
Quick answer
GMX Drawdown History — GMX's maximum drawdown is -94.1%; it currently sits -90.8% below its all-time high
As of 12 October 2026 · Source: GMXUSDT daily closes (Binance)
Max drawdown
-94.1%
Current vs ATH
-90.8%
Major crashes (>50%)
1
| Peak | Trough | Depth | Recovered |
|---|---|---|---|
| 2023-04-18 | 2026-06-25 | -94.1% | not yet |
| 2022-10-05 | 2022-11-09 | -48.6% | 2022-12-02 |
| 2022-12-12 | 2023-01-03 | -32.2% | 2023-01-29 |
| 2023-02-17 | 2023-03-11 | -25.7% | 2023-03-17 |
| 2023-03-17 | 2023-03-26 | -16.5% | 2023-04-14 |
About this metric
A drawdown is the decline from the highest price reached to the current price. Maximum drawdown is the worst such loss in the full history — the number that tells you what holding this asset through a crash has actually felt like. The peak-to-recovery duration matters as much as depth: an asset that takes years to reclaim its peak demands a different holding strategy than one that recovers in weeks.
Methodology
- Data: daily closes from the GMXUSDT market on Binance (public REST API).
- Window: 5 October 2022 — 12 October 2026; pages recompute at most every 6 hours.
- All figures are calculated by CoinCrypTick from that raw data — nothing is quoted from third parties.
- Not financial advice. Crypto assets are volatile; read the drawdown page before the returns page.
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Frequently asked questions
What was GMX's biggest crash?
The deepest drawdown ran -94.1%, peaking 18 April 2023 and bottoming 25 June 2026 — that level has not been reclaimed since.
How far is GMX from its all-time high?
As of 12 October 2026, GMX is -90.8% below its all-time high of $89.15 (set 18 April 2023).
How is drawdown calculated?
We track the running peak of daily closes; drawdown at any day is (price − peak) / peak. The table lists every drawdown deeper than the five largest by depth, with peak-to-trough-to-recovery dates.