🏆

Equity curve

GM AR [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.1
3M volatility
28.0%
Age
0.7 years
Maximum drawdown
-19.7%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 327.3% 71.8% 27.1% -8.6% -8.6%
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 327.3% 71.8% 27.1% -8.6% -8.6%

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: AR/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

View more View less

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#1053#138#133#129#1125#1209
Ranking on Arbitrum One#189#73#67#66#165#216
Ranking on GMX#102#69#64#65#58#99
CAGR (net)-40.5%327.3%71.8%27.1%-8.6%-8.6%
CAGR (gross)-40.5%327.3%71.8%27.1%-8.6%-8.6%
Returns (net)-1.0%12.7%14.3%12.6%-5.7%-5.7%
Returns (gross)-1.0%12.7%14.3%12.6%-5.7%-5.7%
Sharpe ratio-7.223.222.061.30-0.33-0.33
Max drawdown-1.0%-1.0%-1.0%-1.5%-19.7%-19.7%

Technical Details

Pool nameGM AR [WBTC-USDC]
Pool address0xfa19f7d23a475575bd0270ae7de4fc6852442945
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL107,695.99 USDC
Peak TVL444,336.259 USDC
Last share price0.946 USDC
Last updated
Last updated block501,935,621
Data refreshed at
Data starts2026-01-09 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

Stay ahead with the best new vaults and essential DeFi updates.

Subscribe to Trading Strategy newsletter