Current programs

All Vault LP programs currently running on Arbitrum

Below are the active LP programs launching on April 7th, 2025, and running for one month until May 7th, 2025. Each program has a budget of 600,000 MGV tokens.

Trading Pair
Vault Address
Reward Rate

WETH-USDC

0xCC1b...3C52

~0.01 MGV per $ per day

cbBTC-USDC

0x365c...18ce

~0.01 MGV per $ per day

cbBTC-EURC

0xC95a...2119

~0.01 MGV per $ per day

wstETH-WETH

0x8ec6...2bc8

~20 MGV per ETH per day*

*Note: For the wstETH-WETH pair, a static value of 2000 USD per ETH is used for reward calculations. This means the reward rate is effectively around 20 MGV per ETH (not per dollar) per day.

Program Design Rationale

The reward rate of approximately 0.01 MGV per dollar per day has been carefully chosen to:

  • Provide meaningful incentives for liquidity providers

  • Ensure sustainable distribution of rewards throughout the program duration

  • Create a balanced reward structure across different trading pairs

Last updated