GMX and MAGIC Vaults Live on Premia Blue
Trade Options and Earn Yield on GMX and MAGIC!
GMX traders and Treasure gamers rejoice — GMX and MAGIC vaults are live on Premia Blue!
Trade GMX or MAGIC call & put options or deposit into a vault to short up- or downside volatility and earn premiums on top of liquidity mining rewards!
Options allow traders to not only profit from volatility, but by understanding and leveraging The Greeks, any market conditions — making options an extremely valuable tool.
Enter Premia Blue’s GMX and MAGIC Vaults:
How to Deposit to a Vault:
Navigate to app.premia.blue/vaults
Sign in using your wallet and connect to Arbitrum
To sell call options, choose a Call vault. To sell put options, choose a Put vault.
Enter the amount of MAGIC or GMX (USDC.e for the put vault) you want to deposit
Accept the transaction in your wallet, and you’re done! Your position is now accruing a proportional amount of PNL and PREMIA Options Liquidity Mining rewards from the vault.
Premia Blue is the first non-custodial options settlement layer with fully customizable options parameters and risk exposure.
Maximize capital efficiency, define your own risk, and optimize fees earned with Premia Blue on Arbitrum!