GammaSwap has recently announced its launch on the Arbitrum mainnet following over nine months of Beta and Alpha testing. The platform, after years of research on CFMMs (Constant Function Market Makers), shared the news on its official Twitter/X channel.

As the pioneer DeFi primitive, GammaSwap enables users to short liquidity provider (LP) tokens from any Automated Market Maker (AMM) pools. This allows perpetual traders to speculate on volatility using the protocol and loyal traders to insure spot market transactions.

Furthermore, the protocol caters to Decentralized Exchange (DEX) Market Makers, offering them the ability to hedge LP positions. In addition, GammaSwap has rolled out its Wrapped Pools on SushiSwap, where liquidity providers can earn higher yields scaled to their impermanent loss risk, while borrowers can engage in trading volatility perpetuals without delta risk, facilitated by time-based liquidation.

Even with the recent deployment, GammaSwap has plans for further updates, including expanding integrations, achieving complete permissionlessness, and developing GammaSwap V2, which aims to revolutionize concentrated liquidity creation with fully composable liquidity provider tokens, eliminating liquidity fragmentation.

Regarding swap fees, GammaSwap tracks them using CFMM, with LPs earning fees from borrowers. Although the Supply APY interface currently does not display the fee, the protocol is actively addressing this issue, projecting Supply APY to increase to 5x to 10x the current values.

The GammaSwap community has expressed appreciation for these developments, anticipating a brighter future for the protocol.