GM BTC [tBTC-tBTC]
View on GMX Update info- #91 overall
- #38 on
- #36 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 783.2% | 54.5% | 24.7% | -32.2% | 20.7% | |
| 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 | 783.2% | 54.5% | 24.7% | -32.2% | 20.7% |
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 tBTC 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: tBTC — 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 | #1012 | #91 | #151 | #145 | #1219 | #125 |
| Ranking on Arbitrum One | #179 | #38 | #83 | #72 | #232 | #37 |
| Ranking on GMX | #94 | #36 | #79 | #71 | #118 | #36 |
| CAGR (net) | -17.9% | 783.2% | 54.5% | 24.7% | -32.2% | 20.7% |
| CAGR (gross) | -17.9% | 783.2% | 54.5% | 24.7% | -32.2% | 20.7% |
| Returns (net) | -0.4% | 19.6% | 11.3% | 11.5% | -32.2% | 45.5% |
| Returns (gross) | -0.4% | 19.6% | 11.3% | 11.5% | -32.2% | 45.5% |
| Sharpe ratio | -7.22 | 3.42 | 1.21 | 0.83 | -0.72 | 0.67 |
| Max drawdown | -0.4% | -0.4% | -6.9% | -12.1% | -44.3% | -44.3% |
Technical Details
| Pool name | GM BTC [tBTC-tBTC] |
| Pool address | 0xd62068697bcc92af253225676d618b0c9f17c663 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 308,836.157 USDC |
| Peak TVL | 5,076,465.384 USDC |
| Last share price | 1.46 USDC |
| Last updated | |
| Last updated block | 503,679,765 |
| Data refreshed at | |
| Data starts | 2024-09-11 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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