According to BlockBeats news, on August 4, Gyroscope's Twitter released the subsequent performance of the Dynamic Liquidity Pool after its launch on Avalanche. According to Gyroscope's official data, as of the latest statistics, the AVAX/USDC Dynamic Liquidity Pool (Dynamic E-CLP) deployed on Avalanche achieved an annualized Swap Fee / TVL annualized trading fee return rate of 97%, performing the best among several similar pools.
·Gyro Dynamic E-CLP (30bp fee): 97%
·LFJ (20bp): 23%
·LFJ (7.5bp): 62%
·Pharaoh (7bp): 59%
Compared to other low-fee, concentrated liquidity pools, the Dynamic E-CLP employs a wider liquidity distribution range, reducing impermanent loss (IL) risk while still achieving leading yield performance.
Previous reports mentioned that Gyroscope deployed the Dynamic Liquidity Pool to Avalanche at the end of July and initiated liquidity incentives for the AVAX/USDC and GYD trading pairs. This yield data confirms the competitiveness of its strategy.