Entropy Advisors(@EntropyAdvisors):Ethena tokenized the funding rate. @GMX_IO just tokenized the house. GLV[USDG] is a USD denominated LP token earning 63% of all fees across GMX's underlying perps markets. The yield source? Traders paying for leverage. One Morpho listing away from a looping paradigm shift.

Entropy Advisors

@EntropyAdvisors

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Entropy Advisors@EntropyAdvisors

2026.10.06 17:08

Ethena tokenized the funding rate. @GMX_IO just tokenized the house. GLV[USDG] is a USD denominated LP token earning 63% of all fees across GMX's underlying perps markets. The yield source? Traders paying for leverage. One Morpho listing away from a looping paradigm shift.