GM AAVE [AAVE-USDC]
View on GMX Update infoEquity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| 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.
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 |
|---|---|---|---|---|---|---|
| Error | Sample 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 | --- | 3.41 | 3.53 | 2.19 | 0.02 | 0.89 |
| Max drawdown | --- | -3.1% | -5.0% | -24.1% | -54.0% | -57.6% |
Technical Details
| Pool name | GM AAVE [AAVE-USDC] |
| Pool address | 0x1cbba6346f110c8a5ea739ef2d1eb182990e4eb2 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 450,294.785 USDC |
| Peak TVL | 3,833,873.301 USDC |
| Last share price | 2.335 USDC |
| Last updated | |
| Last updated block | 512,569,489 |
| Data refreshed at | |
| Data starts | 2024-02-28 10:36:34 UTC |
| Fee mode | Feeless |
| Fees internalised | Yes |
| Features | amm_pool_like, gmx_gm, share_price_equivalence |
| Strategy tags | --- |
| Flags | liquidity_provision, market_making |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
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