GM BTC [BTC.b-USDC]
View on GMX Update info- #145 overall
- #12 on
- #74 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 51.5% | 81.2% | 47.9% | -1.9% | 48.2% | |
| 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 | 51.5% | 81.2% | 47.9% | -1.9% | 48.2% |
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 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: BTC/USD — the price market for which traders take long and short positions.
- Long backing token: BTC.b — 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.
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 | #97 | #145 | #146 | #83 | #443 | #58 |
| Ranking on Avalanche C-chain | #9 | #12 | #8 | #8 | #14 | #5 |
| Ranking on GMX | #36 | #74 | #76 | #39 | #26 | #12 |
| CAGR (net) | 25.2% | 51.5% | 81.2% | 47.9% | -1.9% | 48.2% |
| CAGR (gross) | 25.2% | 51.5% | 81.2% | 47.9% | -1.9% | 48.2% |
| Returns (net) | 0.5% | 3.5% | 16.0% | 21.3% | -1.9% | 229.1% |
| Returns (gross) | 0.5% | 3.5% | 16.0% | 21.3% | -1.9% | 229.1% |
| Sharpe ratio | --- | 2.12 | 3.12 | 2.38 | 0.02 | 1.80 |
| Max drawdown | -1.7% | -3.1% | -3.5% | -5.4% | -26.3% | -26.3% |
Technical Details
| Pool name | GM BTC [BTC.b-USDC] |
| Pool address | 0xfb02132333a79c8b5bd0b64e3abcca5f7faf2937 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 1,029,765.913 USDC |
| Peak TVL | 6,091,314.851 USDC |
| Last share price | 3.273 USDC |
| Last updated | |
| Last updated block | 96,951,776 |
| Data refreshed at | |
| Data starts | 2023-09-27 12:10:13 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 |
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