Supply liquidity on GMX with delta hedging done on Binance. Enjoy superior strategies from professional fund managers, transforming GLP into a low-risk, high-yield stablecoin mining pool. When the 30-day drawdown exceeds 3%, the strategy will be forced to liquidate and suspend.

Important Update on GMX V1 Fund

GMX V2 offers traders several key advantages over V1 like lower fees and larger position sizes. This improved user experience, combined with $ARB incentives, will drive rapid growth for the platform. Additionally, Solv has already launched multiple successful funds on GMX V2 with over $25M total managed assets, making us one of the largest liquidity providers. Under active management, these funds have achieved APYs as high as 27.07% while maintaining safety of principal.

Therefore, we have made the decision to transition focus from V1 to V2 based funds. Solv will be closing the GMX V1 funds in one month’s time and expanding support for V2. ETH and wBTC pools on GMX V2 will soon be launching on Solv as well. Things you need to know:

• In the next 30 days, redemption processing for GMX V1 fund will be increased to once a week.
• During this time, investors can also instantly redeem shares through the Lending Pool on Pine with a 1% fee.
• On December 21th, GMX V1 fund operations will conclude. Any unredeemed assets will automatically settle to USDC and transfer to the investors’ addresses.

While this transition may cause some inconvenience, we believe the GMX V2 funds and more will deliver a superior user experience. Solv remains committed to building a safer, more efficient decentralized asset management platform. Please let us know if you have any other questions.