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Equity curve

GM ALGO [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
-1.4
3M volatility
20.1%
Age
0.9 years
Maximum drawdown
-26.1%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 6.3% -25.4% -28.5% -22.4% -22.4%
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 6.3% -25.4% -28.5% -22.4% -22.4%

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
Ranking overall#116#470#1182#1216#1186#1248
Ranking on Arbitrum One#65#135#228#233#212#235
Ranking on GMX#76#121#129#131#100#114
CAGR (net)30.1%6.3%-25.4%-28.5%-22.4%-22.4%
CAGR (gross)30.1%6.3%-25.4%-28.5%-22.4%-22.4%
Returns (net)0.5%0.5%-7.0%-15.3%-21.1%-21.1%
Returns (gross)0.5%0.5%-7.0%-15.3%-21.1%-21.1%
Sharpe ratio7.223.49-1.35-1.08-0.96-0.96
Max drawdown0.0%0.0%-11.4%-19.4%-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 TVL68,392.075 USDC
Peak TVL438,543.308 USDC
Last share price0.775 USDC
Last updated
Last updated block486,579,737
Data refreshed at
Data starts2025-08-14 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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