GMX V2 Perps · Arbitrum

WBTC.B-WBTC.B

Overview

The GMX V2 Perps WBTC.B-WBTC.B pool on Arbitrum is a derivatives contract that allows users to trade perpetual swaps with the WBTC.B token, serving as both collateral and trading asset. This protocol generates yield through fees collected from traders using the perpetual swap mechanism.

Total APY stands at 3.66%. With no reward component, this figure represents solely the base yield. The 7-day trend shows an increase of 0.4%, while over the past 30 days, it has declined by 10.82%, placing the current rate below the 30-day mean of 3.82%.

TVL in the pool is $7.5M with no reported change over the last week. Given its multi-asset nature, this pool exposes users to impermanent loss risk due to price fluctuations affecting collateral value. The liquidity depth supports robust trading activity within the perpetual swap framework.

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 8.01%; 30-day mean is 6.90%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 58% confidence based on historical patterns.

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