6/26/2023 - GMX Crypto Market Making has a 30d APY of 20.75%, a TVL of 59,190,864, and an Exponential Risk Rating of C. This pool facilitates trades between ETH, WBTC, LINK, UNI, USDC, USDT, DAI and FRAX.

GMX Crypto Market Making on Arbitrum (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.

GLP is the liquidity provider token for the GMX protocol that allows traders to long or short crypto assets with leverage. It is composed of a basket of crypto assets including BTC, ETH and stablecoins. GLP floats freely based on the value of the underlying basket of assets and serves as the counterparty for traders' wins and losses.

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

Investment Strategy

Fundamentals

Risk

Risk of losing your entire investment due to systemic issues. Based on chain, protocols and assets.

Reflects how much principal is at risk due to the nature of the pool`s economic design

GMX Crypto Market Making

Pool Design

Reflects how liquid the asset is, collateralization level, dependency risks, and reliance on centralized entities

Asset Strength

Reflects the economic design of the asset and convex relationships

Asset Tokenomics

Code quality of the underlying smart contracts

Protocol Code Quality

Reflects how long the protocol has been around, the value of the assets deposited in the protocol and its level of decentralization

Protocol Maturity

Protocol’s systemic risks or ponzi like dynamics that can lead to loss of principal

Protocol Design

Reflects how long the blockchain has been running and the total value of assets on the network

Arbitrum

Chain Maturity

Reflects the blockchain’s fundamental risks, total value invested, and level of decentralization

Chain Design

Reliability of the underlying blockchain from network congestion or halts

Chain Reliability

Pool Fundamentals

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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

There are short-term incentives to encourage more deposits into the pool

GMX Crypto Market Making

Get more from your crypto -earn 15% yield or more

Get more from your crypto -
earn 15% yield or more