GM AVAX [WAVAX-USDC]
View on GMX Update info- #67 overall
- #28 on
- #33 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 177.9% | 68.5% | 29.9% | -27.1% | 15.4% | |
| 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 | 177.9% | 68.5% | 29.9% | -27.1% | 15.4% |
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 WAVAX 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: AVAX/USD — the price market for which traders take long and short positions.
- Long backing token: WAVAX — 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.
Xerberus risk rating
74 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
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #80 | #67 | #159 | #134 | #525 | #169 |
| Ranking on Arbitrum One | #32 | #28 | #86 | #66 | #152 | #57 |
| Ranking on GMX | #32 | #33 | #85 | #73 | #86 | #57 |
| CAGR (net) | 52.2% | 177.9% | 68.5% | 29.9% | -27.1% | 15.4% |
| CAGR (gross) | 52.2% | 177.9% | 68.5% | 29.9% | -27.1% | 15.4% |
| Returns (net) | 1.2% | 11.5% | 13.8% | 13.9% | -27.1% | 44.9% |
| Returns (gross) | 1.2% | 11.5% | 13.8% | 13.9% | -27.1% | 44.9% |
| Sharpe ratio | --- | 5.53 | 3.65 | 1.71 | -0.88 | 0.56 |
| Max drawdown | 0.0% | 0.0% | -3.1% | -9.2% | -40.9% | -43.9% |
Technical Details
| Pool name | GM AVAX [WAVAX-USDC] |
| Pool address | 0x7bbbf946883a5701350007320f525c5379b8178a |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 253,215.082 USDC |
| Peak TVL | 5,049,511.56 USDC |
| Last share price | 1.475 USDC |
| Last updated | |
| Last updated block | 512,582,206 |
| Data refreshed at | |
| Data starts | 2024-03-06 19:47:31 UTC |
| Fee mode | Feeless |
| Fees internalised | Yes |
| Features | amm_pool_like, gmx_gm, share_price_equivalence |
| Strategy tags | --- |
| Flags | liquidity_provision, market_making |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
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