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.

13.8%

Yield

30d APY

Risk

APY

Last 90d

Yield13.8%

30d APY

TVL

$75.9M

-39.75%

last 30d

Yield

13.8%

APY 30d

Earnings

$1.3M

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 WBTC and USDC on the Arbitrum blockchain

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

Investment Strategy

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