GMGN vs BullX
One number settles the size question and it is public: how much each protocol collected in trading fees over the last 30 days. GMGN took $26.6M. BullX took $413.
| GMGN | BullX | |
|---|---|---|
| Fees, last 30 days | $26.6M | $413 |
| Fees, last 7 days | $6.65M | $146 |
| Change vs prior 30 days | +43.5% | +81.9% |
| Peak 30-day window | $44.4M ended 2025-10-31 | $55.3M ended 2025-02-14 |
| Percent off its own peak | 40% | 99.9% |
| Fees, all time | $272.3M | $203.0M |
| Chains | Solana, Ethereum, Base, BSC and more | Solana |
| Type | Web + Telegram | Web terminal |
| Tracked since | 2023-12-31 | 2024-04-07 |
| Verdict | Growing | Dead or abandoned |
| 14-month shape | ||
| Site | gmgn.ai | bullx.io |
All figures as of August 23, 2026 (UTC). Sources: DefiLlama › GMGN and DefiLlama › BullX.
GMGN
GMGN took $26.6M in fees over the last 30 days, up +43.5% on the 30 days before that. It is one of the few names in this category still growing.
Multi-chain scanner and trading front end with a Telegram bot attached. Runs on Solana, Ethereum, Base, BSC and more. Tracked by DefiLlama since 2023-12-31.
BullX
BullX took $413 in fees over the last 30 days, against a peak 30-day window of $55.3M. That is 99.9% off peak. On the numbers, it is finished.
Web terminal that was one of the biggest fee earners on Solana in early 2025. Runs on Solana. Tracked by DefiLlama since 2024-04-07.
One thing we will not guess at
BullX's tracked fees fell from $50K in May 26 to $647 in Jun 26. A drop that vertical has two possible causes and we cannot tell them apart from the outside: the product stopped earning, or the team moved fee collection to a wallet DefiLlama's adapter does not watch.
Either way the widely repeated peak-era number for BullX is not what is happening now. If you know which of the two it is, the adapter methodology is public.
What this comparison does not tell you
Fee take is a size and direction signal. It does not tell you what either product charges you per trade, how fast either fills, whether either has ever lost user funds, or whether anyone trading through them is up. Read each product's own fee page before you deposit, and assume the marketing number is the best case.
Questions
GMGN vs BullX: which is bigger?
GMGN, by a clear margin. Over the trailing 30 days GMGN collected $26.6M in protocol fees and BullX collected $413, 64324x the fee take. Figures as of August 23, 2026 from DefiLlama.
Which one is still growing?
GMGN is up +43.5% month over month and BullX is up +81.9%. Direction matters more than size when you are picking something to build a habit on.
Does bigger mean better?
No. It means more people are currently routing trades through it, which usually correlates with liquidity coverage and support responsiveness. It is not a claim about fees charged to you, feature quality, or whether you will make money. You will need to check the fee schedule on each product yourself.
Are these numbers current?
They were pulled from DefiLlama's public fees API on August 23, 2026 (UTC) and this page is regenerated on a schedule. Both protocol pages are linked so you can check the live series yourself: GMGN and BullX.