DeFiEarns

Ethereum (ETH) on GMX V2 Perps: APY, TVL and history

5 liquid ETH pools on GMX V2 Perps (Derivatives) across 2 chains. gmx.io ↗

8.67%
Best APY
10.84%
30d avg, largest pool
$76.5M
Liquidity
5
Pools
2
Audits listed
Pool APY 30d avg TVL ▾ 30d Risk Chain
ETH-USDC GMX V2 Perps 4.48% base 4.48% 10.84% $54.0M LP IL Stable/Up Arbitrum Deposit ↗
ETH-ETH GMX V2 Perps 0.98% base 0.98% 4.64% $18.3M LP Stable/Up Arbitrum Deposit ↗
ETH-USDC GMX V2 Perps 5.24% base 5.24% 6.95% $1.5M LP IL Stable/Up Arbitrum Deposit ↗
ETH-USDC GMX V2 Perps 14.66% base 14.66% 8.67% $1.4M LP IL Stable/Up Arbitrum Deposit ↗
ETH-USDC GMX V2 Perps 0.41% base 0.41% 8.44% $1.3M LP IL Stable/Up Avalanche Deposit ↗

APY history ETH-USDC on Arbitrum, largest pool, 90 days

0.0% 12.8% 25.6% Jun 17 Aug 1 Sep 15
APYBase APY (without rewards)91 daily points

About GMX V2 Perps

GMX is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades. Trading is supported by a unique multi-asset pool that earns liquidity providers fees from market making, swap fees, leverage trading (spreads, funding fees & liquidations) and asset rebalancing.

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Questions people ask

What APY does GMX V2 Perps pay on ETH?
Right now the best ETH pool on GMX V2 Perps pays 8.67% APY with $76.5M of liquidity. 5 pools are tracked for this pair; the table above lists every one with its chain and 30-day average.
On which chains can I deposit ETH into GMX V2 Perps?
Arbitrum, Avalanche. Pick the chain where you already hold ETH to avoid bridge fees; our bridge list covers the rest.
Is GMX V2 Perps a safe place for ETH?
GMX V2 Perps is a derivatives protocol with 2 listed audit(s). Large TVL and a long track record lower risk but do not remove it: smart-contract bugs, oracle failures and governance changes can all cost depositors money. Never deposit more than you can lose.