GMX V2 Perps · Arbitrum

ETH-ETH

Overview

The GMX V2 Perps ETH-ETH pool on Arbitrum is a derivatives position that allows users to trade perpetual contracts for ETH against ETH liquidity. The protocol generates yield by attracting traders who pay fees for each transaction, which are then distributed among the liquidity providers.

Total APY stands at 9.39%, with no additional reward component. Over the past seven days, this rate has increased by 6.43%, and over the last thirty days, it has risen by 1.46%. This current yield is significantly above the 30-day mean of 3.21%.

TVL in the pool totals $16M with no reported change over the past week. Given its multi-asset nature, liquidity providers are exposed to impermanent loss risk. The depth and stability of this liquidity pool support robust trading activity for ETH perpetual contracts.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Yield variability

  Current APY is 2.22%; 30-day mean is 5.08%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 79% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.