On January 7, GMX published a statement on the X platform stating that the liquidity of the GM pool of GMX V2 far exceeds that of the GLP pool of GMX V1. The TVL of the GM pool is 284 million US dollars, while the TVL of the GLP pool is 219 million US dollars.
In addition, 102,280 users have already traded on GMX V2, which proves the product-market fit of the model. The segregated GM asset pool is also more scalable than the GLP model. The GLP migration incentive will last until January 30.
