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Equity curve

GLV [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.4
3M volatility
18.5%
Age
2.0 years
Maximum drawdown
-27.7%
Xerberus risk
62 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 325.3% 53.7% 30.7% -8.5% 22.4%
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 325.3% 53.7% 30.7% -8.5% 22.4%

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 WBTC 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: BTC/USD, ORDI/USD, STX/USD, AR/USD, TAO/USD, XAUT/USD, JTO/USD, FLOKI/USD, DASH/USD, ADA/USD, BCH/USD, DOT/USD, ICP/USD, XLM/USD, FIL/USD, INJ/USD, DYDX/USD, FARTCOIN/USD, CC/USD, VIRTUAL/USD, PENGU/USD, S/USD, CAKE/USD, HYPE/USD, JUP/USD, MET/USD, MOODENG/USD, XMR/USD, ZEC/USD, PUMP/USD, ALGO/USD, HBAR/USD, CRO/USD, KAS/USD, WIF/USD, XPL/USD, BNB/USD, SOL/USD, ASTER/USD, 0G/USD — the price markets for which the underlying GM pools back trader positions.
  • Long backing token: WBTC — 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
Xerberus logo

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#1009#139#152#114#1123#121
Ranking on Arbitrum One#178#75#84#60#163#36
Ranking on GMX#93#71#80#58#56#34
CAGR (net)-17.6%325.3%53.7%30.7%-8.5%22.4%
CAGR (gross)-17.6%325.3%53.7%30.7%-8.5%22.4%
Returns (net)-0.4%12.6%11.2%14.1%-8.5%50.0%
Returns (gross)-0.4%12.6%11.2%14.1%-8.5%50.0%
Sharpe ratio-2.806.022.411.53-0.301.03
Max drawdown-0.8%-2.1%-5.5%-12.3%-27.7%-27.7%

Technical Details

Pool nameGLV [WBTC-USDC]
Pool address0xdf03eed325b82bc1d4db8b49c30ecc9e05104b96
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGLV [WBTC-USDC]
ProtocolGMX
HomepageView vault on protocol website
Current TVL13,446,836.075 USDC
Peak TVL25,214,784.514 USDC
Last share price1.508 USDC
Last updated
Last updated block504,900,807
Data refreshed at
Data starts2024-09-10 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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