GM BTC [BTC.b-BTC.b]
View on GMX Update info- #65 overall
- #1 on
- #20 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| 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.
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 |
|---|---|---|---|---|---|---|
| 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 ratio | 1.44 | 3.15 | 1.92 | 0.60 | -0.54 | 0.51 |
| Max drawdown | -3.6% | -3.6% | -6.2% | -27.4% | -53.0% | -53.0% |
Technical Details
| Pool name | GM BTC [BTC.b-BTC.b] |
| Pool address | 0x3ce7bcdb37bf587d1c17b930fa0a7000a0648d12 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 541,257.39 USDC |
| Peak TVL | 14,179,408.372 USDC |
| Last share price | 1.846 USDC |
| Last updated | |
| Last updated block | 94,919,427 |
| Data refreshed at | |
| Data starts | 2024-06-28 00:00:00 UTC |
| Fee mode | Feeless |
| Fees internalised | Yes |
| Features | amm_pool_like, gmx_gm, share_price_equivalence |
| Flags | liquidity_provision, market_making |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
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