Arbitrum

GMX LINK-USD Market Making

This pool facilitates trades between LINK and USDC. Your yield is generated from swap fees paid by traders when an exchange happens. GMX V2 features isolated pools consisting of a long (LINK) and short token (USDC), which serves as the counterparty for traders on GMX V2. The pool earns platform fees from leverage trading and swaps related to the LINK-USDC pair. The price of the pool depends on the price of the long/short tokens and the net pending PnL of traders' open positions.