We have started the Trading Strategy podcast. Listen to us on YouTube and Spotify.

Equity curve

GM BERA [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
1.3
3M volatility
36.3%
Age
1.6 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 491.7% 49.4% 107.1% 17.3% 26.7%
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 491.7% 49.4% 107.1% 17.3% 26.7%

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 WETH 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: BERA/USD — the price market for which traders take long and short positions.
  • Long backing token: WETH — 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.

View all GMX pools
Xerberus logo

Xerberus risk rating

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

MetricWeekMonth3 months6 monthsYearLifetime
ErrorSample duration 17 days 08:08:31 exceeds tolerance 12 days 00:00:00---------------
Ranking overall---#31#177#30#34#112
Ranking on Arbitrum One---#7#97#8#6#32
Ranking on GMX---#13#97#7#6#35
CAGR (net)---491.7%49.4%107.1%17.3%26.7%
CAGR (gross)---491.7%49.4%107.1%17.3%26.7%
Returns (net)---22.3%13.7%43.7%17.5%47.5%
Returns (gross)---22.3%13.7%43.7%17.5%47.5%
Sharpe ratio---3.731.281.890.570.75
Max drawdown---0.0%-10.2%-10.5%-44.5%-46.6%

Technical Details

Pool nameGM BERA [WETH-USDC]
Pool address0x876ff160d63809674e03f82dc4d3c3ae8b0acf28
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL128,035.065 USDC
Peak TVL5,226,947.064 USDC
Last share price1.485 USDC
Last updated
Last updated block510,135,498
Data refreshed at
Data starts2025-02-07 15:00:22 UTC
Fee modeFeeless
Fees internalisedYes
Featuresamm_pool_like, gmx_gm, share_price_equivalence
Strategy tags---
Flagsliquidity_provision, market_making
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen

Stay ahead with the best new vaults and essential DeFi updates.

Subscribe to Trading Strategy newsletter