GM BNB [WBNB-USDC]
View on GMX Update infoEquity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| 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.
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 | #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 | --- | 0.55 | 2.59 | 0.97 | -0.52 | 1.37 |
| Max drawdown | -3.1% | -3.1% | -3.1% | -9.7% | -24.3% | -31.3% |
Technical Details
| Pool name | GM BNB [WBNB-USDC] |
| Pool address | 0x2d340912aa47e33c90efb078e69e70efe2b34b9b |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 206,058.471 USDC |
| Peak TVL | 7,656,362.806 USDC |
| Last share price | 2.279 USDC |
| Last updated | |
| Last updated block | 514,231,103 |
| Data refreshed at | |
| Data starts | 2024-01-24 11:03:56 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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