Kalcrypto
@Kalcrypto1
GLV Performance Analysis 📈 🔥Earn >20% APR by providing liquidity to GLV(ETH-USDC) and GLV(BTC-USDC) and still have 50% exposure to ETH and BTC! It has been around 6 months since launch of GLV by @GMX_IO and it is time to dive in to take a look at its performance. 1/13
. @GMX_IO is set to distribute over $14M in fees next week, with total fees already topping $400M. Sure, $14M might not sound a big deal by itself, but splitting it among the community is a big deal. Earning $400M is one thing—actually giving away $400M is on a whole different…
7/ Projects like @yearnfi and @GMX_IO are making DeFi more accessible. Yearn pioneered yield aggregation, automating strategies across protocols, while GMX brings leveraged trading onchain.
What seemed improbable, impossible, unlikely, occurred today, where a white hat returned generational amounts of money after exploiting one of the most robust and forked codebases in DeFi. While not personally a contributor to @GMX_IO I've come to know many of them, have met and…
To clarify on the audits, the full code base including the final version of the PositionManager and ShortsTracker contracts were audited by @GuardianAudits in Nov 2023 As GMX V2 was already live then and the plans were to gradually sunset V1, these audit findings were not…
Open/Close fees are a little higher compared to the regular pools to prevent manipulation, but factoring in a lack of slippage this still offers the trader a far better opening price vs other trading venues, the example shown here being Hyperliquid.
Day 3: Oracle based trading on $GMX Trade safe without a target on your back 🎯
GMX is now live on the Spiderchain🕷️ Using any EVM wallet here's how to get in: - Bridge on @garden_finance for BTC: app.garden.finance - Swap BTC -> stBTC on $GMX: app.gmx.io/#/trade/swap - Deposit into gmBTC: app.gmx.io/#/pools/detail… Sit back & enjoy the yield🫐
Day 2: Multicoin Collateral on $GMX Directionally bet while you directionally bet
Study the Hybrid L2 👇🏻
1/8 People often compare Bitcoin and Ethereum. Ethereum is easier to build on, with faster iteration, expressive smart contracts, and great tooling. Bitcoin is slower to evolve, but still the most secure and trusted chain. @build_on_bob has solved the dilemma to combine them.…
Anyone can provide liquidity on GMX and earn fees from market making, swaps and leverage trading. The isolated GM pools and capital-efficient GLV vaults tend to offer LPs outstanding returns:👇 🔹Example: GMX's LINK/USD market on Arbitrum has recently had around 80% utilisation,…
Day 0 listing of $DOLO on GMX, one of the first avenues to provide leverage trading for this asset. Thanks to @chainlink and @chaos_labs for making this happen! Trade $DOLO with a 10% discount: app.gmx.io/#/trade/?ref=t…
Why trade on $GMX? The oracle based design powered by @chainlink allows you to open positions with real size on high leverage and rest safe in the knowledge that market makers won’t be hunting your position 🫐 Just use @GMX_IO
Yes! While wrapped versions of BTC being available in Ethereum chains has allowed defi to flourish it still doesn’t fully unlock the power of immense wealth and capital in native Bitcoin network. Bringing Defi directly to the OG Bitcoin network we have come full circle.
The GMX Botanix deployment would enable trading with native BTC as collateral and in liquidity pools The option to use BTC productively and based one of the most decentralised ways possible is a large unlock in my view Looking forward to this proposal
Another excellent write up by castle chads!! Highly recommend to follow then for excellent research and insights on defi.
x.com/i/article/1906…
The DeFi ponzi the maxis have been crying out for all cycle just dropped on @solana under everyone’s nose and not a peep about it on the timeline. Could that be because it was fairly launched without KOLs? Who knows, I’ll continue to farm and get paid handsomely to do so 🫐