We have started the Trading Strategy podcast. Listen to us on YouTube and Spotify.

Equity curve

GM BONK [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.1
3M volatility
38.8%
Age
1.8 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 234.7% 111.8% 31.4% -14.9% 23.0%
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 234.7% 111.8% 31.4% -14.9% 23.0%

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 WETH 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: BONK/USD — the price market for which traders take long and short positions.
  • Long backing token: WETH — 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

View more View less

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 53 days 10:16:05 exceeds tolerance 12 days 00:00:00---------------
Ranking overall---#55#122#126#501#127
Ranking on Arbitrum One---#17#57#63#133#38
Ranking on GMX---#22#56#69#68#41
CAGR (net)---234.7%111.8%31.4%-14.9%23.0%
CAGR (gross)---234.7%111.8%31.4%-14.9%23.0%
Returns (net)---19.3%21.1%14.7%-15.0%45.3%
Returns (gross)---19.3%21.1%14.7%-15.0%45.3%
Sharpe ratio---2.622.111.01-0.360.77
Max drawdown---0.0%-1.3%-10.9%-32.9%-34.8%

Technical Details

Pool nameGM BONK [WETH-USDC]
Pool address0xfac5ff56c269432706d47dc82ab082e9ae7d989e
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL52,384.925 USDC
Peak TVL849,896.744 USDC
Last share price1.436 USDC
Last updated
Last updated block502,081,056
Data refreshed at
Data starts2024-11-15 10:37:21 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

Stay ahead with the best new vaults and essential DeFi updates.

Subscribe to Trading Strategy newsletter