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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.

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3.1%
Yield
30d APY
C
Risk
APY
Last 90d
Yield3.1%
30d APY
Base
3.1%
Reward
0%
.
TVL
$12.4M
3.93%
last 30d
Yield
3.1%
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
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 BTC.B on the Avalanche blockchain
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This pool has been receiving protocol incentives to encourage more user deposits
Investment Strategy
Asset icon 0
This pool serves as a yield-generating account for you to earn yield on your BTC, subject to market conditions
Risk Details
Pool Fundamentals
C

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