Arbitrum blockchain icon
Arbitrum

GMX BTC-USD Market Making

This pool facilitates trades between WBTC 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 (WBTC) 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 WBTC-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.

19.2%
Yield
30d APY
C
Risk
APY
Last 90d
Yield19.2%
30d APY
.
TVL
$112M
-20.75%
last 30d
Yield
19.2%
APY 30d
Earnings
$2.1M
Last 30d
Protocol
Summary
Risk
Fundamentals
Risk of losing your entire investment due to systemic issues in the underlying chain, protocols, or assets
C
Yield Source
Geometric spirals as the background of the yield source card header
Percentage icon symbol
Your yield consists of trading fees from the buying and selling of WBTC and USDC on the Arbitrum blockchain
Medal award icon symbol
This pool has not been receiving any protocol incentives to encourage user deposits
Investment Strategy
Asset icon 0
Asset icon 1
This pool serves as a lower volatility portfolio by pairing your BTC and USD stablecoin together to earn yield over time
Risk Details
Pool Fundamentals
C
Discuss
Connect on Discord
Join our community of investors to discuss pool ratings, tips, and the latest DeFi news.
Join now
Custom Discord logo with chat bubble attached