📄️ Liquidity on V2
Liquidity on V2 is provided through both automated GLV Pools and individual GM Pools. Liquidity providers earn fees from leverage trading, borrowing fees and swaps.
📄️ Liquidity on V1
GLP was the liquidity provider token for V1. Since July 2025, GLP has been phased out and no longer provides liquidity as V1 trading is disabled, so buying GLP tokens is no longer possible. You may only redeem existing GLP via the sell GLP page.