Perp DEX token P/E ratio 2026: Hyperliquid, GMX, dYdX, GNS live

GNS posts the lowest p/e ratio at 3.20x (p50, 24h) on Perp DEX token P/E ratio 2026: Hyperliquid, GMX, dYdX, GNS live. FDV divided by annualized protocol revenue (30-day trailing average) for the major perp DEX tokens. Lower is cheaper relative to earnings. Updated hourly from DeFiLlama and CoinGecko.