Solv V3’s GMX V2 series fund assets under management exceed US$21 million
Total assets under management of the GMX V2 series funds launched by the decentralized asset management platform Solv V3 have exceeded $21 million, providing liquidity that exceeds 25% of the total lock-up of GMX V2. In the past month, the annualized return rate of the series of funds has reached 25%. Around GMX V2, Solv V3 has built a series of neutral strategy funds, hedging positions on the exchange while making markets in GMX V2. Solv provides licensed and unlicensed funds for different investors' compliance needs, as well as various options for different risk preferences of investment groups, including priority funds. Solv is the first on-chain protocol to build a GMX V2 LP fund. It has independently developed a sound risk management system, including a risk monitoring and warning engine and a multi-party co-governance smart contract. It is reported that Solv's funds are expected to receive incentives from the GMX platform in the future, further enhancing the return rate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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