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GMX V2 Beta Live on Arbitrum and Avalanche Mainnets

GMX V2 Beta Live on Arbitrum and Avalanche Mainnets
Source: GMX

GMX V2 Beta is live on the Arbitrum and Avalanche mainnets, supporting trading of assets include SOL, XRP, LTC, DOGE, and ARB on Arbitrum and Avalanche. More V2 markets will be added in the future.

V2 offers various collateral types for trading positions, providing faster execution speed and lower slippage, with trading fees as low as 0.05% to 0.07%.

For liquidity providers (LPs), it offers isolated pools, long-short balance incentives, and swap incentives. Additionally, V2 Beta uses a similar oracle system to GMX V1, and the next step is to upgrade this beta version to integrate Chainlink's low-latency oracle.

 

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GMX

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