GLV [WETH-USDC]
View on GMX Update info- #181 overall
- #89 on
- #95 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 70.4% | 235.4% | 51.4% | -11.1% | 18.1% | |
| 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 | 70.4% | 235.4% | 51.4% | -11.1% | 18.1% |
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.
Xerberus risk rating
59 View more View less
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
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #191 | #181 | #100 | #130 | #1191 | #155 |
| Ranking on Arbitrum One | #86 | #89 | #26 | #43 | #187 | #49 |
| Ranking on GMX | #95 | #95 | #25 | #44 | #81 | #50 |
| CAGR (net) | 74.8% | 70.4% | 235.4% | 51.4% | -11.1% | 18.1% |
| CAGR (gross) | 74.8% | 70.4% | 235.4% | 51.4% | -11.1% | 18.1% |
| Returns (net) | 1.1% | 4.5% | 34.7% | 22.7% | -11.1% | 40.9% |
| Returns (gross) | 1.1% | 4.5% | 34.7% | 22.7% | -11.1% | 40.9% |
| Sharpe ratio | --- | 2.28 | 4.46 | 1.68 | -0.22 | 0.66 |
| Max drawdown | -1.7% | -2.6% | -2.6% | -18.7% | -40.5% | -40.5% |
Technical Details
| Pool name | GLV [WETH-USDC] |
| Pool address | 0x528a5bac7e746c9a509a1f4f6df58a03d44279f9 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GLV [WETH-USDC] |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 15,047,717.087 USDC |
| Peak TVL | 41,682,251.691 USDC |
| Last share price | 1.413 USDC |
| Last updated | |
| Last updated block | 508,815,242 |
| Data refreshed at | |
| Data starts | 2024-09-04 00:00:00 UTC |
| Fee mode | Feeless |
| Fees internalised | Yes |
| Features | amm_pool_like, gmx_glv, share_price_equivalence |
| Strategy tags | --- |
| Flags | liquidity_provision, market_making |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter