GM BTC [BTC.b-USDC]
View on GMX Update info- #1038 overall
- #30 on
- #66 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | -4.5% | 68.8% | 34.3% | -0.7% | 46.4% | |
| 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 | -4.5% | 68.8% | 34.3% | -0.7% | 46.4% |
* 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 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 | #1101 | #1038 | #146 | #82 | #460 | #62 |
| Ranking on Avalanche C-chain | #27 | #30 | #9 | #8 | #18 | #6 |
| Ranking on GMX | #49 | #66 | #79 | #46 | #25 | #9 |
| CAGR (net) | -54.9% | -4.5% | 68.8% | 34.3% | -0.7% | 46.4% |
| CAGR (gross) | -54.9% | -4.5% | 68.8% | 34.3% | -0.7% | 46.4% |
| Returns (net) | -1.5% | -0.4% | 14.0% | 15.7% | -0.7% | 224.1% |
| Returns (gross) | -1.5% | -0.4% | 14.0% | 15.7% | -0.7% | 224.1% |
| Sharpe ratio | --- | -0.26 | 2.65 | 1.88 | 0.07 | 1.75 |
| Max drawdown | -2.2% | -3.7% | -3.7% | -5.4% | -24.2% | -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 | 1,014,305.523 USDC |
| Peak TVL | 6,091,314.851 USDC |
| Last share price | 3.223 USDC |
| Last updated | |
| Last updated block | 98,712,373 |
| 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 |
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter