---
title: "Supply USDG to the GMX Dollar Vault (GLV [USDG-USDG]) on Arbitrum"
description: "Deposit USDG into GLV [USDG-USDG], GMX's stablecoin-only liquidity vault on Arbitrum, spread across multiple GMX perp markets. LPs earn GMX trading fees plus a launch boost. The boost is paid into the GLV token price every 4 hours, so there is nothing to claim on Merkl. USDC can be converted to USDG directly in the GMX app."
canonical: "https://app-a.merkl.xyz/opportunities/1498613992651520745"
chain: "Arbitrum"
protocol: "GMX"
type: "ERC20LOGPROCESSOR"
page: 1
items: 25
totalPages: 1
lastCampaignCreatedAt: 2026-10-06T08:27:36.000Z
generated: "2026-10-06T12:21:16.854Z"
---

# Supply USDG to the GMX Dollar Vault (GLV [USDG-USDG]) on Arbitrum

## Back to

- [Opportunities index (HTML)](https://app-a.merkl.xyz/)
- [Arbitrum chain (markdown)](https://app-a.merkl.xyz/chains/arbitrum.md)
- [GMX protocol (markdown)](https://app-a.merkl.xyz/protocols/gmx.md)

Deposit USDG into GLV [USDG-USDG], GMX's stablecoin-only liquidity vault on Arbitrum, spread across multiple GMX perp markets. LPs earn GMX trading fees plus a launch boost. The boost is paid into the GLV token price every 4 hours, so there is nothing to claim on Merkl. USDC can be converted to USDG directly in the GMX app.

## Key metrics

- **Total Value Locked**: $50,945.78
- **APR**: 0.00%
- **Protocol APR**: —
- **Daily rewards**: $0
- **Live campaigns**: 0
- **Chain**: Arbitrum
- **Protocol**: GMX

## Tokens

- [USDG](https://app-a.merkl.xyz/tokens/USDG.md)

## Campaigns : page 1 of 1 (1 total)

| Campaign | Status | Reward | APR | Daily $ | Start | End |
| --- | --- | --- | --- | --- | --- | --- |
| [0x6adff0…](https://app-a.merkl.xyz/opportunities/1498613992651520745/campaigns/0x6adff0e7e905cc3fbc606afb3d6151f9850a6247dcaaa08ab924bc4bfd4f4acf.md) | upcoming | [USDG](https://app-a.merkl.xyz/tokens/USDG.md) | 0.00% | $0 | 2026-10-06 | 2026-11-03 |

## Participate

- [Deposit](https://app.gmx.io/pools/details?market=0x4Cd5A94a30876320ac65F2e192493EE476f13866)

## Links

- [Open in Merkl App (HTML)](https://app-a.merkl.xyz/opportunities/1498613992651520745)
- [Arbitrum chain page](https://app-a.merkl.xyz/chains/arbitrum)
- [GMX protocol page](https://app-a.merkl.xyz/protocols/gmx)