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Equity curve

GLV [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.1
3M volatility
30.4%
Age
2.0 years
Maximum drawdown
-40.5%
Xerberus risk
59 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 575.9% 80.2% 41.7% -19.4% 15.8%
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 575.9% 80.2% 41.7% -19.4% 15.8%

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 WETH 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. For its NATGAS/USD, BRENTOIL/USD, SPCX/USD, SILVER/USD, GOLD/USD, WTIOIL/USD, QQQ/USD, SPY/USD markets, this pool provides synthetic price exposure rather than holding the underlying real-world assets or financial instruments.

  • Supported index markets: ETH/USD, DOGE/USD, LTC/USD, XRP/USD, ATOM/USD, NEAR/USD, SHIB/USD, EIGEN/USD, ZORA/USD, BERA/USD, LDO/USD, POL/USD, SUI/USD, SEI/USD, APT/USD, TIA/USD, NATGAS/USD, TRX/USD, BONK/USD, WLD/USD, RENDER/USD, TRUMP/USD, BRENTOIL/USD, ENA/USD, ONDO/USD, FET/USD, AIXBT/USD, LINK/USD, DOLO/USD, ZRO/USD, CRV/USD, MNT/USD, SPX6900/USD, CVX/USD, WLFI/USD, PEPE/USD, AERO/USD, MEGA/USD, SPCX/USD, OKB/USD, SILVER/USD, VVV/USD, MORPHO/USD, AVNT/USD, LINEA/USD, SKY/USD, MON/USD, SYRUP/USD, CHZ/USD, LIT/USD, GOLD/USD, WTIOIL/USD, QQQ/USD, SPY/USD — the price markets for which the underlying GM pools back trader positions.
  • Long backing token: WETH — 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#160#83#82#100#1161#145
Ranking on Arbitrum One#96#36#30#40#199#46
Ranking on GMX#100#32#27#39#86#38
CAGR (net)44.9%575.9%80.2%41.7%-19.4%15.8%
CAGR (gross)44.9%575.9%80.2%41.7%-19.4%15.8%
Returns (net)0.7%17.0%15.6%18.7%-19.4%33.9%
Returns (gross)0.7%17.0%15.6%18.7%-19.4%33.9%
Sharpe ratio2.305.652.081.39-0.540.60
Max drawdown-1.3%-1.3%-10.3%-18.7%-40.5%-40.5%

Technical Details

Pool nameGLV [WETH-USDC]
Pool address0x528a5bac7e746c9a509a1f4f6df58a03d44279f9
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGLV [WETH-USDC]
ProtocolGMX
HomepageView vault on protocol website
Current TVL15,212,429.604 USDC
Peak TVL41,682,251.691 USDC
Last share price1.343 USDC
Last updated
Last updated block499,944,353
Data refreshed at
Data starts2024-09-04 00:00:00 UTC
Fee modeFeeless
Fees internalisedYes
Featuresamm_pool_like, gmx_glv, share_price_equivalence
Flagsmarket_making, liquidity_provision
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen

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