GM AVAX [WAVAX-USDC]
View on GMX Update info- #175 overall
- #10 on
- #99 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 174.5% | 30.6% | -16.4% | -43.8% | 22.3% | |
| 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 | 174.5% | 30.6% | -16.4% | -43.8% | 22.3% |
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 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 | #1103 | #175 | #183 | #1201 | #1250 | #122 |
| Ranking on Avalanche C-chain | #38 | #10 | #8 | #40 | #48 | #7 |
| Ranking on GMX | #117 | #99 | #94 | #122 | #131 | #35 |
| CAGR (net) | -69.0% | 174.5% | 30.6% | -16.4% | -43.8% | 22.3% |
| CAGR (gross) | -69.0% | 174.5% | 30.6% | -16.4% | -43.8% | 22.3% |
| Returns (net) | -2.2% | 8.6% | 6.8% | -8.4% | -43.8% | 81.5% |
| Returns (gross) | -2.2% | 8.6% | 6.8% | -8.4% | -43.8% | 81.5% |
| Sharpe ratio | -3.99 | 3.95 | 1.11 | -0.50 | -1.28 | 0.69 |
| Max drawdown | -4.0% | -4.0% | -6.8% | -21.4% | -54.5% | -54.5% |
Technical Details
| Pool name | GM AVAX [WAVAX-USDC] |
| Pool address | 0x913c1f46b48b3ed35e7dc3cf754d4ae8499f31cf |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 3,331,458.77 USDC |
| Peak TVL | 20,231,449.358 USDC |
| Last share price | 1.569 USDC |
| Last updated | |
| Last updated block | 95,197,933 |
| Data refreshed at | |
| Data starts | 2023-09-27 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 |
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