GMD Protocol
Introduced GMX V2 Delta-Neutral vault in 2022, leading the market with ~$15M assets on Arbitrum.User Review
AI Review
A1
Reviewed on 19 Feb 2024 02:53 PM
The project must be built on Arbitrum.
The GMD protocol is a vault service provider that operates on GMX on Arbitrum, which indicates it is built on Arbitrum.
The project must interact with GMX in some way (e.g., by building on top of GMX, integrating GMX, etc.).
The GMD protocol offers a product called the GMX V2 Delta-Neutral vault, which implies integration with GMX.
The project must have a live product or be live by the end of the round.
The project website and description indicate that GMD protocol has a live product, specifically the GMX V2 Delta-Neutral vault.
The project must have significant usage or the potential for future usage.
With ~15m TVL and a dominant position in the Delta-Neutral Vaults market on GMX on Arbitrum, the GMD protocol has demonstrated significant usage.
The project must be in the spirit of decentralized finance (DeFi).
The GMD protocol, providing vault services in the DeFi space, aligns with the spirit of decentralized finance.
The project GitHub must have activity within the last 3 months indicative of ongoing project development.
Both the user GitHub 'saulgoodmandev' and the project GitHub do not show activity in the past 3 months, with 0 commits, pull requests, and issues.