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Equity curve

GM BNB [WBNB-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.9
3M volatility
16.5%
Age
2.7 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 106.2% 59.2% 24.9% -11.8% 37.1%
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 106.2% 59.2% 24.9% -11.8% 37.1%

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
ErrorSample duration 12 days 19:59:49 exceeds tolerance 12 days 00:00:00---------------
Ranking overall---#95#170#149#487#81
Ranking on Arbitrum One---#44#93#74#122#18
Ranking on GMX---#50#92#80#57#21
CAGR (net)---106.2%59.2%24.9%-11.8%37.1%
CAGR (gross)---106.2%59.2%24.9%-11.8%37.1%
Returns (net)---7.2%15.8%12.4%-11.8%134.1%
Returns (gross)---7.2%15.8%12.4%-11.8%134.1%
Sharpe ratio---4.342.901.37-0.421.43
Max drawdown----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 TVL333,031.375 USDC
Peak TVL7,656,362.806 USDC
Last share price2.353 USDC
Last updated
Last updated block511,384,509
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

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