Foresight News reports that GMX has announced the integration of the Ethereum Mainnet, allowing users to trade or provide liquidity directly from the mainnet. Ethereum users can earn automatic compound interest from three income sources: perpetual trading fees (Enter a Position / Close Position / lending / liquidation), exchange fees, and the minting / burning fees of these LP Tokens. The currently available cross-chain LP Tokens are: GM: BTC/USD [BTC/USDC], GM: ETH/USD [ETH/USDC], GLV [BTC-USDC], GLV [WETH-USDC]. The unilateral liquidity pools for BTC and ETH will also be enabled soon. The GM liquidity pool provides risk-isolated exposure to a single trading pair. The GLV vault offers dynamically optimized returns by automatically adjusting its liquidity across multiple GM markets based on trader demand.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Vitalik Buterin Sells 4,326 ETH for $8.12M in Past Four Days
Gate News bot message, Vitalik Buterin (@VitalikButerin) continues selling ETH. Over the past four days, he sold 4,326 ETH for $8.12 million. Since February 2nd, he has sold a total of 11,284 ETH for $22.78 million at an average price of $2,027. The transactions were conducted through address 0xfeb0
GateNewsBot22m ago
Data: If ETH drops below $1,756, the total long liquidation strength on major CEXs will reach $951 million.
ChainCatcher reports that, according to Coinglass data, if ETH drops below $1,756, the total liquidation strength of long positions on major CEXs will reach $951 million. Conversely, if ETH breaks above $1,938, the total liquidation strength of short positions on major CEXs will reach $647 million.
GateNewsBot23m ago
ETH Rebounds From $1.8K as Price Metrics Signal Prolonged Weakness
Ether has faced renewed selling pressure, with traders watching a price drift toward a critical support zone as bearish sentiment deepens. A roughly 14% slide over the past 10 days culminated in a notable surge in leveraged liquidations, underscoring the fragility of near-term demand for the
CryptoBreaking1h ago