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GMX has launched on the Ethereum Mainnet, allowing users to trade directly or provide Liquidity.
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.