GM AVAX [WAVAX-USDC]
View on GMX Update info- #206 overall
- #110 on
- #111 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 48.2% | -5.9% | 14.4% | -24.3% | 10.8% | |
| 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 | 48.2% | -5.9% | 14.4% | -24.3% | 10.8% |
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 | #115 | #206 | #1147 | #211 | #1192 | #220 |
| Ranking on Arbitrum One | #64 | #110 | #214 | #96 | #216 | #73 |
| Ranking on GMX | #75 | #111 | #117 | #91 | #103 | #61 |
| CAGR (net) | 30.6% | 48.2% | -5.9% | 14.4% | -24.3% | 10.8% |
| CAGR (gross) | 30.6% | 48.2% | -5.9% | 14.4% | -24.3% | 10.8% |
| Returns (net) | 0.5% | 3.3% | -1.5% | 6.9% | -24.3% | 29.1% |
| Returns (gross) | 0.5% | 3.3% | -1.5% | 6.9% | -24.3% | 29.1% |
| Sharpe ratio | 7.22 | 4.06 | -0.32 | 0.89 | -0.68 | 0.46 |
| Max drawdown | 0.0% | -1.0% | -6.2% | -9.2% | -43.9% | -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 | 224,693.201 USDC |
| Peak TVL | 4,992,679.848 USDC |
| Last share price | 1.323 USDC |
| Last updated | |
| Last updated block | 499,651,476 |
| Data refreshed at | |
| Data starts | 2024-03-06 00:00:00 UTC |
| Fee mode | Feeless |
| Fees internalised | Yes |
| Features | amm_pool_like, gmx_gm, share_price_equivalence |
| Flags | liquidity_provision, market_making |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter