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GMX liquidity providers can now borrow USDG using GLV positions as collateral while earning trading fees.

Protocol Fundamentals
14 Nov 2026, 00:38 WIB
Tokenpost
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Bullish
GMX liquidity providers can now borrow USDG using GLV positions as collateral while earning trading fees.

Arbitrum announced that GMX dollar-vault liquidity providers can use their GLV [USDG-USDG] positions as collateral on the Morpho platform to borrow USDG tokens. This allows providers to continue earning GMX trading fees while accessing loans backed by their collateral. The move builds on GMX's earlier integration making its Dollar Vault eligible for Morpho loans, enhancing liquidity and borrowing options for users. Gauntlet has also included this lending market in its USDG Premium vault, supporting the new borrowing mechanism.

The GMX Dollar Vault LP borrowing update provides context for readers interested in cryptocurrency market trends. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Nov 14, 2026 05:02 WIB: out of 50 priced assets, 9 rose and 40 fell. Notable movers include EOS at Rp12.649 (+8.13%), UNI at Rp104.568 (-4.56%), and CRV at Rp4.193 (-4.23%).

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