Equity curve

GM BNB [WBNB-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.6
3M volatility
18.7%
Age
2.7 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 8.4% 59.1% 16.7% -12.7% 35.2%
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 8.4% 59.1% 16.7% -12.7% 35.2%

* 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 WBNB 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: BNB/USD — the price market for which traders take long and short positions.
  • Long backing token: WBNB — 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
Ranking overall#1124#244#159#144#515#78
Ranking on Arbitrum One#152#59#87#73#133#17
Ranking on GMX#61#53#88#78#64#15
CAGR (net)-72.0%8.4%59.1%16.7%-12.7%35.2%
CAGR (gross)-72.0%8.4%59.1%16.7%-12.7%35.2%
Returns (net)-3.1%0.7%13.2%8.9%-12.7%126.8%
Returns (gross)-3.1%0.7%13.2%8.9%-12.7%126.8%
Sharpe ratio---0.552.590.97-0.521.37
Max drawdown-3.1%-3.1%-3.1%-9.7%-24.3%-31.3%

Technical Details

Pool nameGM BNB [WBNB-USDC]
Pool address0x2d340912aa47e33c90efb078e69e70efe2b34b9b
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL206,058.471 USDC
Peak TVL7,656,362.806 USDC
Last share price2.279 USDC
Last updated
Last updated block514,231,103
Data refreshed at
Data starts2024-01-24 11:03:56 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