The SHIFT function is now live on GMX.
This new feature allows Liquidity Providers to instantly transfer their GM liquidity to other GM pools without paying any buy or sell fees.
All pools with the same underlying assets are eligible for SHIFT:
🔹 WETH-USDC liquidity can be freely moved between all 7 pools based on this liquidity pair: the ETH, DOGE, SHIB, XRP, LTC, NEAR and ATOM pools.
🔹 BTC-USDC liquidity can be freely moved between the BTC, STX and ORDI pools.
Find the SHIFT button on the Pools page: https://t.co/MnvZMQHHD5
SHIFT is also the underlying technology of the developed GLV Vault, which is currently being audited.
Liquidity deposited to the GLV vault will be dynamically shifted to the GM markets with the highest utilisation and demand. This optimises capital efficiency for Liquidity Providers, while simultaneously boosting market depth for GMX traders.