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Equity curve

GM ADA [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
1.9
3M volatility
30.4%
Age
1.8 years
Maximum drawdown
-22.5%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 385.9% 69.0% 15.0% -4.8% 1.0%
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 385.9% 69.0% 15.0% -4.8% 1.0%

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 WBTC 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: ADA/USD — the price market for which traders take long and short positions.
  • Long backing token: WBTC — 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#1048#129#136#208#1107#1080
Ranking on Arbitrum One#187#68#70#94#153#183
Ranking on GMX#100#64#66#89#46#77
CAGR (net)-37.9%385.9%69.0%15.0%-4.8%1.0%
CAGR (gross)-37.9%385.9%69.0%15.0%-4.8%1.0%
Returns (net)-0.9%13.9%13.8%7.2%-4.8%1.9%
Returns (gross)-0.9%13.9%13.8%7.2%-4.8%1.9%
Sharpe ratio-2.963.241.860.68-0.090.16
Max drawdown-1.5%-1.5%-1.5%-13.0%-22.4%-22.5%

Technical Details

Pool nameGM ADA [WBTC-USDC]
Pool address0xcacb964144f9056a8f99447a303e60b4873ca9b4
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL155,195.581 USDC
Peak TVL2,447,153.571 USDC
Last share price1.019 USDC
Last updated
Last updated block503,504,680
Data refreshed at
Data starts2024-11-28 00:00:00 UTC
Fee modeFeeless
Fees internalisedYes
Featuresamm_pool_like, gmx_gm, share_price_equivalence
Flagsliquidity_provision, market_making
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen

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