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Equity curve

GM BTC [BTC.b-BTC.b]
BTC

Other metrics

3M Sharpe
1.9
3M volatility
58.3%
Age
2.2 years
Maximum drawdown
-53.0%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 1,272.2% 165.1% 20.8% -30.4% 14.0%
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 1,272.2% 165.1% 20.8% -30.4% 14.0%

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 BTC.b 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: BTC/USD — the price market for which traders take long and short positions.
  • Long and short backing token: BTC.b — this single asset backs profitable long and 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#93#65#74#158#1210#172
Ranking on Avalanche C-chain#13#1#3#6#41#11
Ranking on GMX#68#20#30#76#112#53
CAGR (net)78.7%1,272.2%165.1%20.8%-30.4%14.0%
CAGR (gross)78.7%1,272.2%165.1%20.8%-30.4%14.0%
Returns (net)1.1%24.0%27.2%9.8%-30.4%33.5%
Returns (gross)1.1%24.0%27.2%9.8%-30.4%33.5%
Sharpe ratio1.443.151.920.60-0.540.51
Max drawdown-3.6%-3.6%-6.2%-27.4%-53.0%-53.0%

Technical Details

Pool nameGM BTC [BTC.b-BTC.b]
Pool address0x3ce7bcdb37bf587d1c17b930fa0a7000a0648d12
Chain Avalanche C-chain (43114)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL541,257.39 USDC
Peak TVL14,179,408.372 USDC
Last share price1.846 USDC
Last updated
Last updated block94,919,427
Data refreshed at
Data starts2024-06-28 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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