GM BNB [WBNB-USDC]
View on GMX Update infoEquity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| 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.
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 |
|---|---|---|---|---|---|---|
| Error | Sample 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 | --- | 4.34 | 2.90 | 1.37 | -0.42 | 1.43 |
| Max drawdown | --- | -1.2% | -1.2% | -9.7% | -31.3% | -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 | 333,031.375 USDC |
| Peak TVL | 7,656,362.806 USDC |
| Last share price | 2.353 USDC |
| Last updated | |
| Last updated block | 511,384,509 |
| 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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