GM BTC [WBTC-USDC]
View on GMX Update info- #128 overall
- #49 on
- #55 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 64.3% | 80.9% | 20.7% | -6.9% | 36.9% | |
| 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 | 64.3% | 80.9% | 20.7% | -6.9% | 36.9% |
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 WBTC 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: WBTC — 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 | #1003 | #128 | #137 | #139 | #481 | #77 |
| Ranking on Arbitrum One | #115 | #49 | #73 | #68 | #110 | #15 |
| Ranking on GMX | #24 | #55 | #72 | #75 | #45 | #17 |
| CAGR (net) | -5.7% | 64.3% | 80.9% | 20.7% | -6.9% | 36.9% |
| CAGR (gross) | -5.7% | 64.3% | 80.9% | 20.7% | -6.9% | 36.9% |
| Returns (net) | -0.1% | 4.2% | 15.8% | 9.7% | -6.9% | 161.1% |
| Returns (gross) | -0.1% | 4.2% | 15.8% | 9.7% | -6.9% | 161.1% |
| Sharpe ratio | --- | 2.80 | 3.17 | 1.10 | -0.21 | 1.49 |
| Max drawdown | -1.3% | -2.8% | -3.1% | -13.3% | -24.0% | -25.9% |
Technical Details
| Pool name | GM BTC [WBTC-USDC] |
| Pool address | 0x47c031236e19d024b42f8ae6780e44a573170703 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 57,387,532.438 USDC |
| Peak TVL | 168,399,384.394 USDC |
| Last share price | 2.556 USDC |
| Last updated | |
| Last updated block | 515,276,496 |
| Data refreshed at | |
| Data starts | 2023-09-27 11:59:26 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