# DeFi opportunities: GMX Dex/GLP pool

By [Web3 analytics](https://paragraph.com/@web3-analytics) · 2023-03-16

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Today We want to talk about one of the best DeFi projects. It is a decentralized exchange GMX. In this case, we are interested in the GLP liquidity pool, which brings good passive income. There are 2 pools on the exchange in different networks, in the Arbitrum network and the Avalanche Network. The composition of the pools, in principle, is approximately the same 50% USDC, 20% Bitcoin, 20% Ethereum, and a few different altcoins. These pools are created to finance traders' transactions, including margin ones. 70% of the income is distributed among the pool members. The pool income floats depending on the market volatility. When the markets are in a frenzy, the quantity transactions increases sharply, respectively, the pool income increases up to 40%. When the market rests pool income is reduced to 20%.

![](https://storage.googleapis.com/papyrus_images/212a0c24a4427637eb9d95eee3a26e1a111278b9580e591059bc3bf7dbc72d23.png)

The average annual return is about 30%. There is a risk of smart contract hacking. In our opinion, quite an acceptable combination of risk-return. clear design, and from which the income is paid.

It’s important to remember that this article is not financial advice.

[https://gmx.io/#/](https://gmx.io/#/)

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*Originally published on [Web3 analytics](https://paragraph.com/@web3-analytics/defi-opportunities-gmx-dex-glp-pool)*