AVAX rewards are available to GMX users during GMX Summer Boost, an incentive program facilitated by GMX and the Avalanche Foundation. Starting 3 July, GMX users on Avalanche profit from the following Boost incentives:
- Liquidity Incentives will be distributed to the GM pools on Avalanche, to deepen market liquidity and minimise slippage. These rewards will boost liquidity providers' returns and boost the user experience for on-chain traders.
- Moreover, GMX traders on Avalanche will enjoy an additional boost: an up to 75% discount on their open and close fees on all leverage trades.
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💧 GM Liquidity Incentives
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GMX V2 works with a range of highly liquid pools that facilitate all perpetual and spot trading activity. These GM pools are yield-generating, capital-efficient and composable with other protocols: they form a robust DeFi base layer for the Avalanche ecosystem.
Starting July 3, enjoy boosted rewards on all the GM liquidity pools on Avalanche as per the following table:
Avax GM Liquidity Incentives
Provide liquidity to GMX’s market-leading GM Pools on Avalanche and start earning boosted farming rewards now:
GMX | Decentralized Perpetual Exchange
Details of the liquidity incentives: