Arbitrum

Beefy GLP Market Making

GLP

This pool facilitates trades between ETH, WBTC, LINK, UNI, USDC, USDT, DAI and FRAX. Your yield is generated from swap fees paid by traders when an exchange happens. This pool also facilitates liquidity to leveraged traders to earn margin lending fees and serves as the counterparty to traders' profits and losses. The strategy auto-compounds all ETH rewards in order to maximize yield for depositors.

16.7%

Yield

30d APY

Risk

APY

Last 90d

Editor's Take

Investment Rationale

This pool is well suited for investors seeking exposure to a portfolio consisting of BTC, ETH and USD while earning real yield from platform-generated fees.

Risk Perspective

This pool acts as the opposite side of the trades on the GMX platform, so it needs to earn enough fees to offset the losses from traders who make profits.

Pool Performance

This pool performs similarly to a crypto market index, but with less volatility than holding BTC and ETH alone since it also contains stablecoins.

Yield16.7%

30d APY

TVL

$1.9M

-4.97%

last 30d

Yield

16.7%

APY 30d

Earnings

<$0.1M

Last 30d

Protocol

Beefy

Summary

Risk

Fundamentals

Risk of losing your entire investment due to systemic issues in the underlying chain, protocols, or assets

Yield Source

Your yield consists of trading fees from the buying and selling of ETH, WBTC, LINK, UNI, USDC, USDT, DAI and FRAX on the Arbitrum blockchain

This pool has not been receiving any protocol incentives to encourage user deposits

Investment Strategy

This pool serves as a rebalancing index fund that automatically swaps between BTC, ETH, LINK, UNI and USD to earn yield over time

Risk Details

Pool Fundamentals

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