Equity curve

GM APT [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.2
3M volatility
51.0%
Age
1.9 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross --- 173.0% 64.3% -0.6% 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 --- 173.0% 64.3% -0.6% 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 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
ErrorSample duration 23 days 14:58:05 exceeds tolerance 12 days 00:00:00Sample duration 109 days 10:25:35 exceeds tolerance 60 days 00:00:00------------
Ranking overall------#51#40#456#117
Ranking on Arbitrum One------#17#16#87#36
Ranking on GMX------#16#17#26#34
CAGR (net)------173.0%64.3%-0.6%22.4%
CAGR (gross)------173.0%64.3%-0.6%22.4%
Returns (net)------35.1%28.3%-0.6%46.6%
Returns (gross)------35.1%28.3%-0.6%46.6%
Sharpe ratio------2.191.370.170.71
Max drawdown------0.0%-12.3%-32.7%-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 TVL96,900.063 USDC
Peak TVL3,014,288.968 USDC
Last share price1.45 USDC
Last updated
Last updated block508,147,263
Data refreshed at
Data starts2024-10-31 15:22:17 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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