TechFlow reports that the GMX V2 beta has launched on the Arbitrum and Avalanche mainnets. The new version adds new trading assets including SOL, XRP, LTC, DOGE, and ARB, and allows trading with multiple collateral types. Additionally, the new oracle system signs prices every block to ensure orders are executed as close as possible to the intended price, even during periods of high trading volume.
For liquidity providers, V2 offers liquidity through isolated GM (GMX Market) pools, enabling liquidity providers to customize their risk exposure to specific tokens according to their preferences. V2 also introduces incentives for both long and short positions, helping automatically hedge risks between liquidity providers and trader profits. GMX V2 brings many other new features, including low-fee trading and enhanced trading incentives.
