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Equity curve

GM BNB [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
1.8
3M volatility
24.2%
Age
0.9 years
Maximum drawdown
-27.1%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 227.9% 51.3% 13.0% -14.5% -14.5%
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 227.9% 51.3% 13.0% -14.5% -14.5%

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 WBTC 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: WBTC — 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#1036#163#155#223#1157#1231
Ranking on Arbitrum One#182#92#85#103#184#226
Ranking on GMX#95#90#81#95#74#107
CAGR (net)-27.2%227.9%51.3%13.0%-14.5%-14.5%
CAGR (gross)-27.2%227.9%51.3%13.0%-14.5%-14.5%
Returns (net)-0.6%10.2%10.7%6.2%-13.8%-13.8%
Returns (gross)-0.6%10.2%10.7%6.2%-13.8%-13.8%
Sharpe ratio-8.673.071.820.63-0.53-0.53
Max drawdown-0.7%-1.3%-1.3%-14.3%-27.1%-27.1%

Technical Details

Pool nameGM BNB [WBTC-USDC]
Pool address0x065577d05c3d4c11505ed7bc97bbf85d462a6a6f
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL225,515.278 USDC
Peak TVL3,991,267.389 USDC
Last share price0.887 USDC
Last updated
Last updated block504,267,637
Data refreshed at
Data starts2025-10-01 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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