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Equity curve

GM APT [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
1.5
3M volatility
56.4%
Age
1.8 years
Maximum drawdown
-34.3%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 1,827.7% 101.0% 71.3% -7.3% 19.4%
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 1,827.7% 101.0% 71.3% -7.3% 19.4%

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 WETH 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: APT/USD — the price market for which traders take long and short positions.
  • Long backing token: WETH — 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#1#48#108#51#1119#136
Ranking on Arbitrum One#1#13#57#22#162#44
Ranking on GMX#1#10#55#21#54#42
CAGR (net)>9,999%1,827.7%101.0%71.3%-7.3%19.4%
CAGR (gross)>9,999%1,827.7%101.0%71.3%-7.3%19.4%
Returns (net)27.5%27.5%18.8%30.4%-7.3%38.3%
Returns (gross)27.5%27.5%18.8%30.4%-7.3%38.3%
Sharpe ratio7.223.491.481.460.000.64
Max drawdown0.0%0.0%-6.9%-12.3%-33.3%-34.3%

Technical Details

Pool nameGM APT [WETH-USDC]
Pool address0x66a69c8eb98a7efe22a22611d1967dfec786a708
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL77,479.886 USDC
Peak TVL3,014,288.968 USDC
Last share price1.369 USDC
Last updated
Last updated block500,101,805
Data refreshed at
Data starts2024-10-31 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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