Frequently Asked Questions, Error Codes, and Oddities™
To keep things running smoothly and reliably during our early launch phase, we're setting target fees for LayerZero transactions on the high side. Don't want Vault transactions getting stuck!
Dynamic fees: Coming Soon!
For now, GMX fees are not accounted for in the PnL when closing a position.
Kwenta perpetuals: Coming Soon!
Omnichain Vaults must sync across all chains they're deployed to for deposits and withdrawals. This requires a transaction with a LayerZero message, and incurs a small fee. There may also be a delay up to a few minutes for the sync.
Currently, deposits are enabled for Arbitrum via USDCe and native USDC. Be sure to switch your network to Arbitrum.
Similar to Deposits, Vaults can only be initially opened from Arbitrum. Once created, you can enable your vault to be cross-chain by switching to the Optimism trades tab when managing your vault!
Make sure it's been at least 24 hours since your most recent deposit to that vault. Withdrawals are locked for 24hrs after depositing.
When you deposit, you deposit USDC or USDCe. When you withdraw, you receive a pro rata share of each position that's in the vault, across all chains. In other words, if the Vault holds some WBTC and USDC on Arbitrum, with a bit of WETH on Optimism, you would receive your 'share' of all 3 of those assets, on their respective chains.
The team is working on getting the rest of our active trading pairs setup with price charts.
If a bridge transaction starts but for some reason is not completed within 20 minutes, it will be cancelled and subsequent bridge transactions will be blocked for 1 hour.
GMX only allows for 2 open requests, and 2 open positions at a time per vault. If your vault has either 2 open positions or 2 pending requests, you will not be able to open additional positions or submit more requests. Either wait for your pending requests to execute, or close a position to open another one.