GMX is launching two new synthetic markets:
🔸 SUI/USD
🔸 SEI/USD
Go Long or Short on the popular SUI and SEI tokens directly from your self-custody wallet, and take advantage of GMX's rapid onchain execution.
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Both markets are synthetic perpetual swaps, facilitated by underlying WETH-USDC liquidity pools. These two GM pools are also included in GLV [WETH-USDC], the new GMX Liquidity Vault.
By adding these markets to the GMX Liquidity Vault, liquidity will automatically shift to these pools to meet the demand from traders. This unique rebalancing mechanism enables $GLV to effectively support numerous synthetic markets simultaneously.
GLV ensures that liquidity constantly flows to the pools that require it the most. This optimises capital efficiency for GLV liquidity providers, by channelling their deposited funds to the markets with the highest utilisation and returns.
Trade the new markets on @Arbitrum, or purchase GLV and earn from the top-performing pools on GMX automatically:
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