GM AVAX [WAVAX-WAVAX]
View on GMX Update info- #249 overall
- #17 on
- #117 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 18.1% | -79.4% | -78.4% | -68.3% | -46.3% | |
| 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 | 18.1% | -79.4% | -78.4% | -68.3% | -46.3% |
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 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 and short backing token: WAVAX — this single asset backs profitable long and 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 | #43 | #249 | #1213 | #1236 | #1277 | #1300 |
| Ranking on Avalanche C-chain | #3 | #17 | #44 | #45 | #50 | #50 |
| Ranking on GMX | #36 | #117 | #138 | #137 | #137 | #134 |
| CAGR (net) | 1,851.1% | 18.1% | -79.4% | -78.4% | -68.3% | -46.3% |
| CAGR (gross) | 1,851.1% | 18.1% | -79.4% | -78.4% | -68.3% | -46.3% |
| Returns (net) | 5.9% | 1.4% | -32.3% | -53.0% | -68.2% | -72.1% |
| Returns (gross) | 5.9% | 1.4% | -32.3% | -53.0% | -68.2% | -72.1% |
| Sharpe ratio | 7.22 | 0.82 | -2.53 | -1.95 | -1.06 | -0.28 |
| Max drawdown | 0.0% | -4.2% | -36.1% | -55.6% | -81.6% | -87.2% |
Technical Details
| Pool name | GM AVAX [WAVAX-WAVAX] |
| Pool address | 0x08b25a2a89036d298d6db8a74ace9d1ce6db15e5 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 222,853.446 USDC |
| Peak TVL | 13,347,063.959 USDC |
| Last share price | 0.278 USDC |
| Last updated | |
| Last updated block | 90,438,024 |
| Data refreshed at | |
| Data starts | 2024-06-26 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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