Equity curve

GM AR [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
1.7
3M volatility
26.4%
Age
0.8 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 29.1% 52.3% --- --- -4.3%
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 29.1% 52.3% --- --- -4.3%

* 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

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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 14 days 14:29:23 exceeds tolerance 12 days 00:00:00------Sample duration 229 days 19:07:37 exceeds tolerance 225 days 00:00:00------
Ranking overall---#74#163------#1223
Ranking on Arbitrum One---#39#88------#214
Ranking on GMX---#39#89------#102
CAGR (net)---29.1%52.3%-------4.3%
CAGR (gross)---29.1%52.3%-------4.3%
Returns (net)---2.6%15.6%----3.3%-3.3%
Returns (gross)---2.6%15.6%----3.3%-3.3%
Sharpe ratio---1.251.71----0.11-0.11
Max drawdown----5.0%-5.0%----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 TVL51,039.741 USDC
Peak TVL653,374.158 USDC
Last share price0.971 USDC
Last updated
Last updated block514,064,906
Data refreshed at
Data starts2026-01-09 13:15:48 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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