Problem Statement

The GMX platform requires investors to provide liquidity to its pools in exchange for receipt tokens, such as GLP for V1 or GM tokens for V2. However, a unique challenge arises when users must lock their GLP or GM tokens to earn the high yields generated by GMX. This locking mechanism sacrifices the liquidity and utility of their assets.

Simultaneously, GMX's ability to offer reliable perpetual trading experiences heavily depends on a continuous influx of liquidity into their pools. This reliance creates a dilemma for users who want to benefit from GMX's yields without compromising the liquidity of their assets.

Xloop Finance steps in as a comprehensive solution by allowing users to borrow against their GMX, GLP, and GM tokens as collateral. This approach partially unlocks the value of these assets, enabling users to access greater benefits while maintaining liquidity. Additionally, Xloop's unique looping capability has the potential to enhance liquidity in GMX trading pools, further solidifying GMX's trading experience.

Positioned as a leader in providing such solutions, Xloop Finance addresses the liquidity challenges faced by GMX users, offering a more flexible and beneficial approach to asset utilization.