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Equity curve

GM BTC [tBTC-tBTC]
BTC

Other metrics

3M Sharpe
---
3M volatility
---
Age
2.0 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 686.5% --- 24.4% --- 21.8%
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 686.5% --- 24.4% --- 21.8%

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.

View all GMX pools
Xerberus logo

Xerberus risk rating

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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

MetricWeekMonth3 months6 monthsYearLifetime
ErrorSample duration 14 days 19:56:13 exceeds tolerance 12 days 00:00:00---Sample duration 175 days 03:11:51 exceeds tolerance 135 days 00:00:00---Sample duration 414 days 16:25:13 exceeds tolerance 410 days 00:00:00---
Ranking overall---#27---#153---#132
Ranking on Arbitrum One---#5---#76---#40
Ranking on GMX---#11---#82---#43
CAGR (net)---686.5%---24.4%---21.8%
CAGR (gross)---686.5%---24.4%---21.8%
Returns (net)---19.6%---11.5%---48.1%
Returns (gross)---19.6%---11.5%---48.1%
Sharpe ratio---3.31---0.83---0.69
Max drawdown----0.4%----12.1%----44.3%

Technical Details

Pool nameGM BTC [tBTC-tBTC]
Pool address0xd62068697bcc92af253225676d618b0c9f17c663
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL308,836.157 USDC
Peak TVL5,076,465.384 USDC
Last share price1.46 USDC
Last updated
Last updated block503,679,765
Data refreshed at
Data starts2024-09-11 13:39:35 UTC
Fee modeFeeless
Fees internalisedYes
Featuresamm_pool_like, gmx_gm, share_price_equivalence
Strategy tags---
Flagsliquidity_provision, market_making
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen

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