Time left to participate in the next cycle

Strategies
USDC GMX:GLP
NEW
USD Coin_icon

USDC GMX:GLP Strategy

Capacity
0%
AUM
$0.00
Average Yield (APY)
0.00%
Strategy Performance
Weekly Accumulated Yield
Performance
Risk Monitor Dashboard
Log In To Subscribe.

Overview

The USDC GMX:GLP strategy is a delta-neutral(non-directional) strategy that utilizes the liquidity pool from the decentralized margin trading exchange GMX and hedges directional bias using futures. The liquidity pool called GLP is the pool traders trade against using up to 50x leverage. Generally, traders lose and the GLP has consistently earned high fees for over 2 years. Although withdrawals are available weekly, the best performance for this strategy is longer than 3 months.

Risk

This strategy aims to be as close to delta-neutral as possible, but due to fluctuations in price of the GLP assets the strategy may be exposed to the underlying delta. We rely on external service providers including Ethereum, Arbitrum, GMX and centralized exchanges such as Binance. In order to hedge, margining is used, but due to the low level of leverage there is low risk of liquidation. There are also risks involving wBTC and the safety of its peg. Flynt Finance reserves the right to withdraw from the strategy considering the market conditions.

View Product Details and Backtest Results
Proof of funds(GLP) : 0x34b352b6584eA08fdAf531048bef3d67EB44F08E

  • Average APY

    0.00%
  • AUM(USDC)
    0.00USDC
  • Next compounding cycle
    Pending
  • Average APY w Fees
    0.00%
  • Capacity
    0 / 0 USDC(NaN%)

  • Strategy Details

    • Investment Asset
      USDC
    • Reward Currency
      USDC
    • Strategy
      USDC GMX:GLP
    • Cycle Length
      Weekly
    • Fee20% performance fee
      0% on exiting strategy
      0% management fee

  • Current Cycle Details

    • GLP Quantity
      0GLP
    • GLP Price
      $0
    • Hedge Amount
      $0.00
    • Hedge Ratio
      0%
    • GLP Yield
      0%

Trade History

DateReturnsAPYAUM Profit
1
Yield Calculator
Flynt Strategy
USD Coin_icon
USDC GMX:GLP
(APY: 0.00%)
  • USD Coin_icon
    USDC GMX:GLP
  • Bitcoin_icon
    BTC Covered Calls x5
  • Bitcoin_icon
    BTC Covered Calls X
  • Ethereum_icon
    ETH Covered Calls x3
  • Vega Protocol_icon
    VEGA Staking
Amount
USDC
$0.00
0
1M
3M
6M
1Y
2Y
Expected Return
0USDC
≈$0.00
0.00%
Important
This calculator is indicative and for informational purposes only and is not a guarantee of actual earning as the earning rate is being updated from time to time.

USD Coin_icon

USD Coin

0.00%

USDC GMX:GLP

Strategy
APY

Log In To Subscribe.

Strategy Performance

Risk Monitor Dashboard

Overview

The USDC GMX:GLP strategy is a delta-neutral(non-directional) strategy that utilizes the liquidity pool from the decentralized margin trading exchange GMX and hedges directional bias using futures. The liquidity pool called GLP is the pool traders trade against using up to 50x leverage. Generally, traders lose and the GLP has consistently earned high fees for over 2 years. Although withdrawals are available weekly, the best performance for this strategy is longer than 3 months.

Risk

This strategy aims to be as close to delta-neutral as possible, but due to fluctuations in price of the GLP assets the strategy may be exposed to the underlying delta. We rely on external service providers including Ethereum, Arbitrum, GMX and centralized exchanges such as Binance. In order to hedge, margining is used, but due to the low level of leverage there is low risk of liquidation. There are also risks involving wBTC and the safety of its peg. Flynt Finance reserves the right to withdraw from the strategy considering the market conditions.

View Product Details and Backtest Results
Proof of funds(GLP) : 0x34b352b6584eA08fdAf531048bef3d67EB44F08E

  • Average APY

    0.00%
  • AUM(GLP)
    0.00USDC
  • Average APY w Fees
    0.00%
  • Next compounding cycle
    Pending
  • Capacity
    0 / 0 USDC(NaN%)

Current Cycle Details

  • GLP Quantity
    0GLP
  • GLP Price
    $0
  • Hedge Amount
    $0.00
  • Hedge Ratio
    0%
  • GLP Yield
    0%

Strategy Details

  • Investment Asset
    USDC
  • Reward Currency
    USDC
  • Strategy
    USDC GMX:GLP
  • Cycle Length
    Weekly
  • Fee20% performance fee
    0% on exiting strategy
    0% management fee

Trade History

1
Yield Calculator
Flynt Strategy
USD Coin_icon
USDC GMX:GLP
(APY: 0.00%)
  • USD Coin_icon
    USDC GMX:GLP
  • Bitcoin_icon
    BTC Covered Calls x5
  • Bitcoin_icon
    BTC Covered Calls X
  • Ethereum_icon
    ETH Covered Calls x3
  • Vega Protocol_icon
    VEGA Staking
Amount
USDC
$0.00
0
1M
3M
6M
1Y
2Y
Expected Return
0USDC
≈$0.00
0.00%
Important
This calculator is indicative and for informational purposes only and is not a guarantee of actual earning as the earning rate is being updated from time to time.
StrategiesUSDC GMX:GLPBTC Covered Calls x5BTC Covered Calls XETH Covered Calls x3VEGA Staking
SupportAbout UsContact UsTerms & Privacy PolicyDocs
Social
Discord
Telegram
Twitter
Medium
For business inquiries,

contact us at [email protected]

Kairhos Limited © 2023
Digital assets are not legal tender, is not backed by the government, and your accounts held at flynt.finance are not subject to deposit insurance afforded by the government such as FDIC. Dealing in digital assets are highly volatile and can incur risk of financial loss. You should be aware that the risk of loss in trading, investing or holding digital assets can be substantial. flynt.finance does not provide any financial, legal or tax advice, nor should this website be viewed as an offer or inducement to make any financial decisions. Rates for the products at flynt.finance are subject to change. The information presented is believed to be factual and up-to-date, but is not a guarantee of its accuracy and it should not be regarded as a complete analysis of the subjects discussed.
Not all products and services are available in all geographic areas and legislative and regulatory changes or actions at the state, national, or international level may adversely affect the service of flynt.finance in some jurisdictions and flynt.finance cannot guarantee the continued and uninterrupted provision of the services to you.
Strategies
USDC GMX:GLPBTC Covered Calls x5BTC Covered Calls XETH Covered Calls x3VEGA Staking
Support
About Us
Contact Us
Terms & Privacy Policy
Docs
Social
Discord
Telegram
Twitter
Medium
For business inquiries,

contact us at [email protected]

Kairhos Limited © 2023
Digital assets are not legal tender, is not backed by the government, and your accounts held at flynt.finance are not subject to deposit insurance afforded by the government such as FDIC. Dealing in digital assets are highly volatile and can incur risk of financial loss. You should be aware that the risk of loss in trading, investing or holding digital assets can be substantial. flynt.finance does not provide any financial, legal or tax advice, nor should this website be viewed as an offer or inducement to make any financial decisions. Rates for the products at flynt.finance are subject to change. The information presented is believed to be factual and up-to-date, but is not a guarantee of its accuracy and it should not be regarded as a complete analysis of the subjects discussed.
Not all products and services are available in all geographic areas and legislative and regulatory changes or actions at the state, national, or international level may adversely affect the service of flynt.finance in some jurisdictions and flynt.finance cannot guarantee the continued and uninterrupted provision of the services to you.