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Equity curve

GLV [WAVAX-USDC]
BTC
ETH

Other metrics

3M Sharpe
1.6
3M volatility
29.4%
Age
1.9 years
Maximum drawdown
-54.6%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 284.7% 55.5% -7.2% -41.3% -8.0%
Performance fee Performance 0.0%0.0%0.0%0.0%0.0%
Management fee Management 0.0%0.0%0.0%0.0%0.0%
Deposit fee Deposit 0.0%0.0%0.0%0.0%0.0%
Withdrawal fee Withdrawal 0.0%0.0%0.0%0.0%0.0%
Net Net 284.7% 55.5% -7.2% -41.3% -8.0%

Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.

About the pool

Liquidity providers supply WAVAX and USDC to provide liquidity for GMX perpetual trading and swaps. They earn a share of trading, borrowing, liquidation and swap fees, and benefit when traders make net losses. They bear net trader profits and changes in the value of the backing tokens. This GMX Liquidity Vault allocates the supplied liquidity across its compatible GM markets according to GMX configuration.

  • Supported index markets: AVAX/USD, XRP/USD, DOGE/USD, LTC/USD, TRUMP/USD, MELANIA/USD, PUMP/USD, WLFI/USD — the price markets for which the underlying GM pools back trader positions.
  • Long backing token: WAVAX — backs and settles profitable long positions.
  • Short backing token: USDC — backs and settles profitable short positions.

Running on GMX protocol

This pool is running on GMX:

GMX is a decentralised perpetual and spot exchange whose GM and GLV pools let liquidity providers supply market liquidity and receive a share of protocol fees.

View all GMX pools
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Xerberus risk rating

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Notes

The vault performance approximates the single-sided USDC deposit value. GMX vaults hold exposure to all underlying tokens they market make

Returns and period details

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#63#152#147#1175#1245#1203
Ranking on Avalanche C-chain#7#4#5#36#46#44
Ranking on GMX#51#83#76#113#128#96
CAGR (net)386.8%284.7%55.5%-7.2%-41.3%-8.0%
CAGR (gross)386.8%284.7%55.5%-7.2%-41.3%-8.0%
Returns (net)3.1%11.7%11.5%-3.6%-41.3%-15.0%
Returns (gross)3.1%11.7%11.5%-3.6%-41.3%-15.0%
Sharpe ratio5.164.051.65-0.11-1.260.01
Max drawdown-2.2%-2.5%-6.1%-21.2%-54.6%-54.6%

Technical Details

Pool nameGLV [WAVAX-USDC]
Pool address0x901ee57f7118a7be56ac079cbcda7f22663a3874
Chain Avalanche C-chain (43114)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGLV [WAVAX-USDC]
ProtocolGMX
HomepageView vault on protocol website
Current TVL1,007,011.818 USDC
Peak TVL7,599,920.873 USDC
Last share price0.847 USDC
Last updated
Last updated block95,024,474
Data refreshed at
Data starts2024-10-01 00:00:00 UTC
Fee modeFeeless
Fees internalisedYes
Featuresamm_pool_like, gmx_glv, share_price_equivalence
Flagsliquidity_provision, market_making
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen

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