GM AVAX [WAVAX-USDC]
View on GMX Update info- #18 overall
- #4 on
- #6 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 1,192.2% | 236.1% | 45.3% | -30.3% | 31.7% | |
| 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 | 1,192.2% | 236.1% | 45.3% | -30.3% | 31.7% |
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 | #1017 | #18 | #66 | #96 | #530 | #93 |
| Ranking on Avalanche C-chain | #30 | #4 | #4 | #11 | #22 | #7 |
| Ranking on GMX | #52 | #6 | #19 | #48 | #91 | #25 |
| CAGR (net) | -19.6% | 1,192.2% | 236.1% | 45.3% | -30.3% | 31.7% |
| CAGR (gross) | -19.6% | 1,192.2% | 236.1% | 45.3% | -30.3% | 31.7% |
| Returns (net) | -0.4% | 23.8% | 35.7% | 20.3% | -30.3% | 130.1% |
| Returns (gross) | -0.4% | 23.8% | 35.7% | 20.3% | -30.3% | 130.1% |
| Sharpe ratio | --- | 4.89 | 3.41 | 1.27 | -0.68 | 0.85 |
| Max drawdown | -3.2% | -5.0% | -5.0% | -21.4% | -51.8% | -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 | 3,453,267.092 USDC |
| Peak TVL | 20,645,540.482 USDC |
| Last share price | 1.99 USDC |
| Last updated | |
| Last updated block | 96,957,153 |
| Data refreshed at | |
| Data starts | 2023-09-27 13:38:48 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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