Equity curve

GM AAVE [AAVE-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.3
3M volatility
55.8%
Age
2.7 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 25.8% 211.4% 107.7% -12.0% 31.3%
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 25.8% 211.4% 107.7% -12.0% 31.3%

* 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 18 days 10:47:03 exceeds tolerance 12 days 00:00:00---------------
Ranking overall---#79#31#23#511#89
Ranking on Arbitrum One---#42#11#9#130#22
Ranking on GMX---#41#9#7#61#21
CAGR (net)---25.8%211.4%107.7%-12.0%31.3%
CAGR (gross)---25.8%211.4%107.7%-12.0%31.3%
Returns (net)---2.0%34.0%44.0%-12.0%106.4%
Returns (gross)---2.0%34.0%44.0%-12.0%106.4%
Sharpe ratio---0.642.301.800.040.79
Max drawdown----14.3%-14.3%-16.2%-47.9%-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 TVL290,004.139 USDC
Peak TVL3,833,873.301 USDC
Last share price2.064 USDC
Last updated
Last updated block518,567,928
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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