1/ Let's dive into GMX' GLP Pool and its LPs for some insights.

2/ The GLP Pool has had 209 losing days and 212 winning days. While losses are inevitable in trading, GMX traders are on the losing with more losing days.

3/ In terms of total amounts, the GLP Pool has won $213.9m and lost $197.2m since mid-April 2022. Despite the losses, the pool has managed to generate significant profits over time.

4/ The daily APY of the GLP Pool over the last 12 months varied from as low as 0.017% to as high as 42.6%. Such fluctuations highlight the dynamic nature of the pool's returns. The GLP has been making about 4.4% returns on average every single day.

5/ It's worth noting that the GLP Pool experienced a spike in APY on certain dates, indicating periods of increased profitability. This can be attributed to market conditions and trading strategies.

7/ Now let's shift our focus to the retention cohort analysis of LPs. The analysis reveals a consistently moderate retention rate, with the pool retaining an average of 10% of LPs after 5 months. This means more than 10% of LPs have kept some or all of their first liquidity provision after 5 months.

8/ Among LPs who exited the pool, approximately 45.86% left with losses, while 54.12% exited with profits. This demonstrates the importance of careful risk management and the potential for profitable LP experiences.

9/ Additionally, around 42% of LPs are also active traders on GMX, indicating a significant overlap between LPs and traders. This suggests a strong connection between LPs' investment strategies and their engagement with the trading platform.

10/ Let's take a look at the top LPs in the GLP Pool and their contribution to the overall pool. The top LPs hold a significant portion of the pool's funds, with the top 10 LPs constituting around 15% of the total pool balance.

11/ The maximum profit made by an LP in the GLP Pool is $8.3m with an initial deposit of about $4.5m (representing 184% profits) over a period of 103 days. This highlights the substantial earning potential for LPs. It's important to note that this exceptional outcome can be attributed to successful trading strategies and favorable market conditions.

15/ In summary, the GMX' GLP Pool offers a unique opportunity for LPs to participate in a dynamic trading environment. Despite occasional losses, the pool has demonstrated consistent winning days and generated significant profits.

6/ Compared to the popular USDC-WETH (0.05%) pool on Ethereum, the GLP seems to have relatively lower rates of return over time, especially with the USDC-WETH pool recently cracking up 400%+ APY in May and an average of about 20% over the past year. However, the GLP is excused from the risks of impermanent losses (IL) that come with AMM pool designs.