Equity curve

GM ADA [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.2
3M volatility
26.2%
Age
1.9 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 91.2% 72.5% 23.5% 2.6% 4.5%
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 91.2% 72.5% 23.5% 2.6% 4.5%

* 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 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
ErrorSample duration 15 days 10:41:37 exceeds tolerance 12 days 00:00:00---------------
Ranking overall---#38#134#105#358#699
Ranking on Arbitrum One---#21#71#56#63#125
Ranking on GMX---#24#70#60#19#79
CAGR (net)---91.2%72.5%23.5%2.6%4.5%
CAGR (gross)---91.2%72.5%23.5%2.6%4.5%
Returns (net)---7.1%21.9%11.0%2.6%8.7%
Returns (gross)---7.1%21.9%11.0%2.6%8.7%
Sharpe ratio---4.642.210.980.220.31
Max drawdown----1.0%-1.5%-13.0%-18.7%-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 TVL268,528.858 USDC
Peak TVL2,561,480.908 USDC
Last share price1.092 USDC
Last updated
Last updated block516,031,921
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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