Avalanche

GMX BTC Market Making

This pool facilitates trades between BTC.B. 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 (WBTC), which serves as the counterparty for traders on GMX V2. The pool earns platform fees from leverage trading and swaps related to WBTC. The price of the pool depends on the price of WBTC and the net pending PnL of traders' open positions.

2.8%

Yield

30d APY

Risk

APY

Last 90d

Yield2.8%

30d APY

Base

2.8%

Reward

TVL

$12.4M

18.14%

last 30d

Yield

2.8%

APY 30d

Earnings

<$0.1M

Last 30d

Protocol

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 BTC.B on the Avalanche blockchain

This pool has been receiving protocol incentives to encourage more user deposits

Investment Strategy

This pool serves as a yield-generating account for you to earn yield on your BTC, subject to market conditions

Risk Details

Pool Fundamentals