GMX (GMX) Rug Check on Arbitrum

Arbitrumperp-dex

GMX (GMX)

Canonical address: 0xfc5A…ad0a0xfc5A1A6EB076a2C7aD06eD22C90d7E710E35ad0a
Chain: Arbitrum

Run live rug check on GMX →All Arbitrum rug patterns

About GMX (GMX)

GMX is Arbitrum's flagship perpetual DEX token and anchors the chain's derivatives ecosystem. Rug-check GMX to confirm the canonical contract and use as the reference baseline for authentic Arbitrum DeFi governance tokens.

How to rug-check GMX on Arbitrum

Step 1: Copy the canonical GMX contract address from a trusted source (the project's official website, CoinGecko, or CoinMarketCap). For GMX, the canonical Arbitrum address is 0xfc5A1A6EB076a2C7aD06eD22C90d7E710E35ad0a. Step 2: Paste the address into Sharpe's Rug Check — or click "Run live rug check" above to pre-fill the scanner. Step 3: Review the 0-100 risk score and the flagged patterns. A legitimate, mature token typically scores above 80; scores below 40 warrant caution. Step 4: Cross-reference with the chain-specific rug patterns on the Arbitrum overview — proxy upgrades, hidden fees, authority risks all differ by chain.

Common Arbitrum rug patterns to watch for

Arbitrum as an Ethereum-aligned optimistic rollup inherits EVM rug patterns with an additional dimension of cross-bridge liquidity considerations. The token mix on Arbitrum skews DeFi-native — GMX ecosystem, Radiant, Camelot, Dolomite, perpetual DEXes, yield aggregators — rather than pure memecoin launches, which mechanically reduces some categories of rug frequency. However, Camelot (the Arbitrum-native launchpad) and smaller DEXes do host new-token launches with real rug risk, and the ARB governance-token airdrop left a lasting ecosystem of copycat tokens. Key Arbitrum-specific concerns: (1) standard EVM rug mechanisms inherited from mainnet — tax tokens, honeypot functions, proxy upgrades, blacklist logic. (2) Bridge-wrapped token impersonation: non-canonical 'arbitrum-versions' of popular Ethereum tokens (fake ARB-UNI, fake ARB-LINK) that have no real ties to the source project — always verify contract addresses against the canonical bridge output. (3) Camelot and SushiSwap pool liquidity lock status — Camelot's launchpad offers locking but doesn't enforce it; many tokens launch with only the dev-controlled LP position. (4) L2 withdrawal-delay interactions: Arbitrum's 7-day optimistic-rollup withdrawal window doesn't create direct rug vectors but affects recovery timing and can complicate post-rug asset tracing. (5) Arbitrum Nova vs One confusion — tokens may share tickers across both chains, and scammers exploit the ambiguity. Sharpe's Rug Check covers Arbitrum tokens with a layered security scan — Uniswap V3 and Camelot sell simulation, proxy-implementation detection, and Arbiscan source verification. Paste any Arbitrum contract address to surface hidden risks before you size a position.

Frequently Asked Questions

What is the canonical GMX contract address on Arbitrum?: The canonical GMX (GMX) contract on Arbitrum is 0xfc5A1A6EB076a2C7aD06eD22C90d7E710E35ad0a. Any token on Arbitrum claiming to be GMX with a different contract address is almost certainly an impersonation rug. Always paste the address into Sharpe's Rug Check to verify authority state and liquidity lock.
Is GMX a honeypot?: Sharpe's Rug Check runs a simulated sell transaction against the GMX contract to detect honeypot behavior. Tokens that block selling are flagged pre-trade. Paste the GMX address into the scanner to get a live honeypot check plus a full 0-100 risk score.
How do I avoid fake GMX tokens on Arbitrum?: Always copy the contract address from the project's official website or a trusted aggregator (CoinGecko, CoinMarketCap, the project's pinned social post) — never from a random DEX pool. On Arbitrum, scammers deploy lookalike tokens with identical names and logos; the canonical GMX address is 0xfc5A1A6EB076a2C7aD06eD22C90d7E710E35ad0a.
What rug patterns apply to GMX on Arbitrum?: GMX inherits the chain-level rug risk profile of Arbitrum. The dominant patterns on this chain: Standard EVM patterns (tax, honeypot, proxy); Bridge-wrapped impersonation tokens; Camelot pool liquidity not locked. Sharpe's Rug Check evaluates the token against all 30+ patterns and surfaces anything flagged on the specific contract.

More Arbitrum tokens to rug-check

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Rug check any Arbitrum token

Paste any Arbitrum contract address into the free scanner for a 0-100 risk score.

Arbitrum rug check →

How to rug-check GMX on Arbitrum

Common Arbitrum rug patterns to watch for

Frequently Asked Questions

What is the canonical GMX contract address on Arbitrum?

The canonical GMX (GMX) contract on Arbitrum is 0xfc5A1A6EB076a2C7aD06eD22C90d7E710E35ad0a. Any token on Arbitrum claiming to be GMX with a different contract address is almost certainly an impersonation rug. Always paste the address into Sharpe's Rug Check to verify authority state and liquidity lock.

Is GMX a honeypot?

Sharpe's Rug Check runs a simulated sell transaction against the GMX contract to detect honeypot behavior. Tokens that block selling are flagged pre-trade. Paste the GMX address into the scanner to get a live honeypot check plus a full 0-100 risk score.

How do I avoid fake GMX tokens on Arbitrum?

Always copy the contract address from the project's official website or a trusted aggregator (CoinGecko, CoinMarketCap, the project's pinned social post) — never from a random DEX pool. On Arbitrum, scammers deploy lookalike tokens with identical names and logos; the canonical GMX address is 0xfc5A1A6EB076a2C7aD06eD22C90d7E710E35ad0a.

What rug patterns apply to GMX on Arbitrum?

GMX inherits the chain-level rug risk profile of Arbitrum. The dominant patterns on this chain: Standard EVM patterns (tax, honeypot, proxy); Bridge-wrapped impersonation tokens; Camelot pool liquidity not locked. Sharpe's Rug Check evaluates the token against all 30+ patterns and surfaces anything flagged on the specific contract.