GM BTC [WBTC-USDC]
View on GMX Update info- #144 overall
- #79 on
- #75 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 308.2% | 49.4% | 13.7% | -9.6% | 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 | 308.2% | 49.4% | 13.7% | -9.6% | 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 | #1087 | #144 | #157 | #216 | #1131 | #71 |
| Ranking on Arbitrum One | #201 | #79 | #88 | #98 | #169 | #14 |
| Ranking on GMX | #112 | #75 | #84 | #92 | #62 | #15 |
| CAGR (net) | -62.4% | 308.2% | 49.4% | 13.7% | -9.6% | 36.9% |
| CAGR (gross) | -62.4% | 308.2% | 49.4% | 13.7% | -9.6% | 36.9% |
| Returns (net) | -1.9% | 12.2% | 10.4% | 6.5% | -9.6% | 153.7% |
| Returns (gross) | -1.9% | 12.2% | 10.4% | 6.5% | -9.6% | 153.7% |
| Sharpe ratio | -21.79 | 5.81 | 2.26 | 0.77 | -0.34 | 1.48 |
| Max drawdown | -1.9% | -2.5% | -5.6% | -13.3% | -25.9% | -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 | 59,757,748.87 USDC |
| Peak TVL | 168,009,527.464 USDC |
| Last share price | 2.466 USDC |
| Last updated | |
| Last updated block | 504,880,984 |
| Data refreshed at | |
| Data starts | 2023-09-27 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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