GLP (GMX V1 LP token) product
Overview
GLP is the liquidity provider token for GMX V1, a decentralized perpetual exchange. It represents a basket of assets (e.g., ETH, BTC, stablecoins) used to back leveraged trading positions. Holders earn fees generated from trading and can mint or burn GLP by depositing or withdrawing the underlying assets.
Within the DeFi Intel graph, GLP (GMX V1 LP token) connects to 2 tracked entities, most strongly to Jupiter Perps, GMX v2.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
inspired_by | Jupiter Perps | 90% |
replaced_predecessor | GMX v2 | 90% |
Frequently asked questions
What is GLP (GMX V1 LP token)?
GLP (GMX V1 LP token) is a single-pool-lp tracked in the DeFi Intel knowledge graph. It is connected to 2 other tracked entities, most strongly to Jupiter Perps, GMX v2.
What type of entity is GLP (GMX V1 LP token)?
GLP (GMX V1 LP token) is classified as a single-pool-lp (product) in the DeFi Intel knowledge graph.
What is GLP (GMX V1 LP token) connected to?
In the DeFi Intel knowledge graph, GLP (GMX V1 LP token) is linked to 2 other tracked entities, most strongly to Jupiter Perps, GMX v2.
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