DeFi Intel

GMX Vaults (GLP/GM) protocol

vault-platform · PageRank 0.0015

Also known as: GLP, GM, GMX-V2

Overview

GMX Vaults (GLP/GM) are liquidity pools that back the GMX decentralized perpetual exchange on Arbitrum and Avalanche. GLP is the multi-asset liquidity provider token from GMX V1, while GM tokens represent shares in individual pools from GMX V2. These vaults enable traders to execute leveraged trades while liquidity providers earn fees and rewards.

Within the DeFi Intel graph, GMX Vaults (GLP/GM) connects to 2 tracked entities, most strongly to Arbitrum, Avalanche.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).

RelationConnected entityConfidence
deployed_onArbitrum95%
deployed_onAvalanche95%

Frequently asked questions

What are GMX Vaults (GLP/GM)?

GMX Vaults (GLP/GM) are liquidity pools that back the GMX decentralized perpetual exchange on Arbitrum and Avalanche. GLP is the multi-asset liquidity provider token from GMX V1, while GM tokens represent shares in individual pools from GMX V2.

What chains are GMX Vaults deployed on?

GMX Vaults are deployed on Arbitrum and Avalanche.

How do GMX Vaults benefit liquidity providers?

GMX Vaults enable traders to execute leveraged trades while liquidity providers earn fees and rewards.