GMX V2's zero-slippage design, while attractive to traders, may deter market makers and impact liquidity depth. By eliminating slippage, GMX V2 relies on oracle-based pricing and isolated GM pools, reducing opportunities for market makers to profit from bid-ask spreads or arbitrage. This could discourage their participation, as seen in GMX V1's arbitrage exploit. The introduction of price impact and funding fees in V2 aims to balance risk for liquidity providers but may not fully compensate for market makers' reduced incentives. Consequently, liquidity depth could suffer, especially for less liquid pairs, as fewer market makers engage. However, enhanced risk management and isolated pools might attract alternative liquidity sources, mitigating some concerns about depth in high-volume markets.