GM BTC [WBTC-WBTC]
View on GMX Update infoEquity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 130.6% | 242.0% | 47.3% | -28.6% | 12.9% | |
| 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 | 130.6% | 242.0% | 47.3% | -28.6% | 12.9% |
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 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: WBTC — 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.
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 | #30 | #84 | #64 | #85 | #527 | #186 |
| Ranking on Arbitrum One | #7 | #39 | #19 | #36 | #155 | #62 |
| Ranking on GMX | #9 | #45 | #18 | #41 | #88 | #60 |
| CAGR (net) | 407.7% | 130.6% | 242.0% | 47.3% | -28.6% | 12.9% |
| CAGR (gross) | 407.7% | 130.6% | 242.0% | 47.3% | -28.6% | 12.9% |
| Returns (net) | 3.3% | 7.1% | 35.4% | 21.1% | -28.6% | 35.3% |
| Returns (gross) | 3.3% | 7.1% | 35.4% | 21.1% | -28.6% | 35.3% |
| Sharpe ratio | --- | 2.69 | 3.55 | 1.24 | -0.51 | 0.49 |
| Max drawdown | 0.0% | -4.6% | -5.8% | -26.9% | -51.6% | -51.6% |
Technical Details
| Pool name | GM BTC [WBTC-WBTC] |
| Pool address | 0x7c11f78ce78768518d743e81fdfa2f860c6b9a77 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 10,296,763.436 USDC |
| Peak TVL | 90,173,038.283 USDC |
| Last share price | 1.343 USDC |
| Last updated | |
| Last updated block | 511,954,241 |
| Data refreshed at | |
| Data starts | 2024-04-11 12:25:06 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 |
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