Liquidity in the GM pools of GMX V2 now far exceeds that of the GLP pool of GMX V1.
06 Jan 2024, 15:28
Liquidity in the GM pools of GMX V2 now far exceeds that of the GLP pool of GMX V1.
Total Value Locked stands at 284 million USD in the $GM pools, versus 219 million in $GLP.
And 102,280 users have already traded on GMX V2, a testament to the model's Product-Market Fit.
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Same news in other sources
106 Jan 2024, 15:30
The GM pools offer a better Open Interest balance, due to incentives for LPs and Traders and an Adaptive Funding mechanism.
The isolated GM asset pools are also significantly more scalable than the GLP model.
GLP Migration Incentives are live until Jan 30, see:…
The GM pools offer a better Open Interest balance, due to incentives for LPs and Traders and an Adaptive Funding mechanism.
The GM pools offer a better Open Interest balance, due to incentives for LPs and Traders and an Adaptive Funding mechanism.
The isolated GM asset pools are also significantly more scalable than the GLP model.
GLP Migration Incentives are live until Jan 30, see:…