GMX V2 Perps · Arbitrum

LINK-USDC

Overview

The GMX V2 Perps LINK-USDC pool on Arbitrum is a derivatives position that generates yield from trading perpetual contracts between LINK and USDC. This multi-asset setup exposes participants to impermanent loss due to the volatility of the underlying assets.

Total APY stands at 4.06%, with no additional reward component. Over the past seven days, the rate has increased by 0.51%, while over the last thirty days, it has declined by 5.11%. This current rate is below the 30-day mean of 4.48%.

TVL in this pool totals $3.98M with no reported change over the past seven days. The primary risk here involves impermanent loss due to the fluctuating value of LINK and USDC. Depth of liquidity plays a crucial role, affecting slippage and trade execution costs for users engaging in perpetual contracts on GMX V2 Perps.

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.

• Impermanent loss

  This pool holds multiple assets, so price divergence between them can reduce your USD value below what holding the assets separately would yield.

• Yield variability

  Current APY is 13.85%; 30-day mean is 7.54%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 80% confidence based on historical patterns.

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