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Equity curve

GM ADA [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.1
3M volatility
27.5%
Age
1.8 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 71.4% 72.1% 33.1% -1.9% 3.3%
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 71.4% 72.1% 33.1% -1.9% 3.3%

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 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#914#121#152#120#442#894
Ranking on Arbitrum One#113#58#81#59#87#160
Ranking on GMX#44#63#80#65#25#87
CAGR (net)0.0%71.4%72.1%33.1%-1.9%3.3%
CAGR (gross)0.0%71.4%72.1%33.1%-1.9%3.3%
Returns (net)0.0%4.5%19.0%15.5%-1.9%6.1%
Returns (gross)0.0%4.5%19.0%15.5%-1.9%6.1%
Sharpe ratio---3.572.101.290.030.25
Max drawdown-0.8%-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 TVL197,271.752 USDC
Peak TVL2,561,480.908 USDC
Last share price1.066 USDC
Last updated
Last updated block511,221,121
Data refreshed at
Data starts2024-11-28 14:33:03 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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