GM BTC [BTC.b-BTC.b]
View on GMX Update info- #99 overall
- #9 on
- #53 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 98.5% | 279.8% | 62.6% | -22.5% | 17.4% | |
| 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 | 98.5% | 279.8% | 62.6% | -22.5% | 17.4% |
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.
Xerberus risk rating
74 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
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #1053 | #99 | #54 | #63 | #519 | #151 |
| Ranking on Avalanche C-chain | #32 | #9 | #2 | #6 | #18 | #9 |
| Ranking on GMX | #63 | #53 | #12 | #25 | #83 | #52 |
| CAGR (net) | -50.4% | 98.5% | 279.8% | 62.6% | -22.5% | 17.4% |
| CAGR (gross) | -50.4% | 98.5% | 279.8% | 62.6% | -22.5% | 17.4% |
| Returns (net) | -1.4% | 6.1% | 40.6% | 27.3% | -22.5% | 43.6% |
| Returns (gross) | -1.4% | 6.1% | 40.6% | 27.3% | -22.5% | 43.6% |
| Sharpe ratio | --- | 1.51 | 2.38 | 1.15 | -0.29 | 0.57 |
| Max drawdown | -2.9% | -6.5% | -6.5% | -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 | 574,874.384 USDC |
| Peak TVL | 14,179,408.372 USDC |
| Last share price | 1.985 USDC |
| Last updated | |
| Last updated block | 96,339,430 |
| Data refreshed at | |
| Data starts | 2024-06-28 09:56:37 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 |
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter