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Equity curve

GM ALGO [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
1.3
3M volatility
31.5%
Age
1.1 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross --- 44.5% 29.2% -9.6% -12.0%
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 --- 44.5% 29.2% -9.6% -12.0%

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: ALGO/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 12 days 14:07:40 exceeds tolerance 12 days 00:00:00Sample duration 71 days 14:55:47 exceeds tolerance 60 days 00:00:00------------
Ranking overall------#174#101#485#1216
Ranking on Arbitrum One------#99#53#116#223
Ranking on GMX------#100#60#51#112
CAGR (net)------44.5%29.2%-9.6%-12.0%
CAGR (gross)------44.5%29.2%-9.6%-12.0%
Returns (net)------11.6%16.7%-9.8%-13.5%
Returns (gross)------11.6%16.7%-9.8%-13.5%
Sharpe ratio------1.311.03-0.23-0.35
Max drawdown-------6.6%-11.4%-26.1%-26.1%

Technical Details

Pool nameGM ALGO [WBTC-USDC]
Pool address0x3b7f4e4cf2fa43df013d2b32673e6a01d29ab2ac
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL131,286.323 USDC
Peak TVL438,543.308 USDC
Last share price0.86 USDC
Last updated
Last updated block510,909,737
Data refreshed at
Data starts2025-08-14 10:48:28 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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