GMX introduces two new perpetual swap markets:
đ¸ BONK/USD
đ¸ WLD/USD
Go Long or Short on the popular @Bonk_inu and @Worldcoin tokens directly from your own wallet, taking advantage of GMX's fast onchain execution.
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Market Details for LPs & Traders:
The markets are synthetic perpetual swaps; they track the price of BONK and WLD, but are supported by GM liquidity pools that do not contain these assets.
Both BONK/USD and WLD/USD are backed by [WETH-USDC] liquidity pools, which have also been added to GLV [WETH-USDC].
By adding these markets to the GMX Liquidity Vault, liquidity automatically shifts to these pools to meet trader demand. This unique mechanism enables GLV to effectively support numerous synthetic markets simultaneously. It simultaneously optimises capital efficiency for GLV liquidity providers.
Low-latency price feeds for the two assets are supplied by @Chainlink Data Streams; the leading low-latency oracle solution optimised for Perp DEXes.
Trade the new markets on @Arbitrum, or mint GLV to earn from the top-performing pools on GMX automatically:
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