GMX is in the unique position to offer liquid markets for SOL/USDC and WIF/USDC on the Arbitrum blockchain. With healthy asset-backed markets bootstrapped, GMX users can now trade SOL and WIF on margin as well as spot.
The necessary SOL and WIF tokens were transferred over from Solana via @Portalbridge_, which is built on Wormhole's multi-chain technology platform.
Right now, the SOL/USDC market on @Arbitrum already offers ~$25M in liquidity, with another 700K available to GMX users trading SOL on @Avax.
And traders have been eagerly capitalising on this deep liquidity. The SOL market often has the highest utilisation of all V2 markets, making it an attractive option for liquidity providers.
Portal Bridge has also facilitated GMX's new market for WIF on Arbitrum. Thanks to the active @Dogwifcoin and @Solana communities, this market is already attracting substantial trading volume.
Interested in providing liquidity for SOL/USDC, WIF/USDC, or one of the other thriving GMX V2 markets? View the full list of GM pools at: https://t.co/MnvZMQH9Nx
You can transfer your tokens from Solana to #Arbitrum or #Avalanche via Wormhole, and mint GM liquidity tokens to support trading on GMX:
đž https://t.co/ZxbiY4FTLJ
To learn more about the advantages for liquidity providers on GMX V2, view the Documentation:
