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Equity curve

GM AAVE [AAVE-USDC]
BTC
ETH

Other metrics

3M Sharpe
3.5
3M volatility
53.0%
Age
2.6 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 640.1% 471.0% 201.0% -13.1% 38.5%
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 640.1% 471.0% 201.0% -13.1% 38.5%

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 AAVE 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.

  • Index market: AAVE/USD — the price market for which traders take long and short positions.
  • Long backing token: AAVE — 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
ErrorSample duration 12 days 19:51:17 exceeds tolerance 12 days 00:00:00---------------
Ranking overall---#28#30#19#493#76
Ranking on Arbitrum One---#6#5#6#128#15
Ranking on GMX---#12#4#5#63#17
CAGR (net)---640.1%471.0%201.0%-13.1%38.5%
CAGR (gross)---640.1%471.0%201.0%-13.1%38.5%
Returns (net)---20.4%57.2%72.3%-13.1%133.6%
Returns (gross)---20.4%57.2%72.3%-13.1%133.6%
Sharpe ratio---3.413.532.190.020.89
Max drawdown----3.1%-5.0%-24.1%-54.0%-57.6%

Technical Details

Pool nameGM AAVE [AAVE-USDC]
Pool address0x1cbba6346f110c8a5ea739ef2d1eb182990e4eb2
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL450,294.785 USDC
Peak TVL3,833,873.301 USDC
Last share price2.335 USDC
Last updated
Last updated block512,569,489
Data refreshed at
Data starts2024-02-28 10:36:34 UTC
Fee modeFeeless
Fees internalisedYes
Featuresamm_pool_like, gmx_gm, share_price_equivalence
Strategy tags---
Flagsliquidity_provision, market_making
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen

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