fsGLP is a token deployed on Base at address 0x1addd80e6039594ee970e5872d247bf0414c8903, representing a staked or yield-bearing derivative of GLP, the primary liquidity provider token for the GMX perpetual exchange. The token currently lacks a confirmed USD price and decimal configuration in the available data.
While fsGLP shows no recorded presence in Aerodrome pools or Base vote markets, it is actively utilized as an underlying asset on Pendle. A Pendle market for fsGLP exists on Arbitrum (chain ID 42161) with a maturity date of September 26, 2024, approximately $2.29 million in TVL, and an implied APY of roughly 15.13%. This structure indicates the token is primarily designed for yield tokenization and fixed-rate yield trading rather than direct liquidity provision on Base.