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Equity curve

GM BNB [WBNB-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.4
3M volatility
16.9%
Age
2.6 years
Maximum drawdown
-31.3%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 178.7% 49.1% 9.2% 1.2% 35.5%
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 178.7% 49.1% 9.2% 1.2% 35.5%

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

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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#1067#173#158#298#981#75
Ranking on Arbitrum One#193#95#89#110#119#15
Ranking on GMX#106#97#85#99#26#16
CAGR (net)-46.5%178.7%49.1%9.2%1.2%35.5%
CAGR (gross)-46.5%178.7%49.1%9.2%1.2%35.5%
Returns (net)-1.2%8.8%10.3%4.4%1.2%122.8%
Returns (gross)-1.2%8.8%10.3%4.4%1.2%122.8%
Sharpe ratio-9.263.812.440.590.181.38
Max drawdown-1.2%-1.2%-1.2%-9.7%-31.3%-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 TVL304,989.429 USDC
Peak TVL7,656,362.806 USDC
Last share price2.243 USDC
Last updated
Last updated block504,813,397
Data refreshed at
Data starts2024-01-24 00:00:00 UTC
Fee modeFeeless
Fees internalisedYes
Featuresamm_pool_like, gmx_gm, share_price_equivalence
Flagsliquidity_provision, market_making
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen

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