GMX just dropped a new ETH-USD market on Arbitrum! 🔥🚀
This new market is backed by wstETH (from #Lido ) and USDe (from $ENA ), giving you more ways to trade $ETH . You can swap, margin trade, hedge, and even earn rewards!
Here's the breakdown: 💻👀👇
(1) Faster and more secure: $LINK Data Streams powers the market for super fast updates and better security. 💥
(2) More ways to earn: You can earn rewards from staking wstETH, earning Ethena points, and providing liquidity. 🤑
(3) Boost your capital: Use either wstETH or USDe as collateral, giving you more flexibility.💪
This is a big deal for DeFi! 🌞 GMX is really stepping up their game with this new market. Let's see how it goes! DYOR!! #Altcoins