GMD/WETH Price Stats
The current price of GMD (GMD/WETH) on Uniswap V3 (Arbitrum) is $63.82, the price is up -8% in the last 24 hours. Its 24-hour trading volume is reported to be at $114.78K with a total of 176 transactions. GMD/WETH contract address is 0x0632742c132413cd47438691d8064ff9214ac216, with a Fully Diluted Valuation (FDV) of $5.11M and a liquidity pool of $354.6K.
About GMD (GMD)
1. What makes GMD unique? GMD Protocol is a yield optimizing and aggregating platform built on top of existing applications and GMD’s reserve token on Arbitrum. GMD employs delta-neutral or pseudo-delta-neutral strategies to aggregate yields from an index pool or an LP to its constituent individual assets, eliminating their risks of impermanent loss or exposure to unwanted asset. 2. History of GMD GMD Protocol launched October 24th, 2022. With an initial price of $1 and 50k liquidity burned, the delta-neutral vaults launched 5 days after the token launch. 3. What’s next for GMD? While GMD has made several products for high yielding platforms on Arbitrum & Avalanche and potentially other chains. The protocol continues to look for additional vaults and pseudo-delta-neutral strategies to ensure yield is optimized. Newsletters are released weekly every Tuesday