Equity curve

GM BTC [WBTC-WBTC]
BTC

Other metrics

3M Sharpe
1.6
3M volatility
38.3%
Age
2.6 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross -76.7% 74.3% -10.2% -28.2% 6.4%
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 -76.7% 74.3% -10.2% -28.2% 6.4%

* 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.

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
Ranking overall#1153#1175#95#803#571#446
Ranking on Arbitrum One#165#200#52#180#164#91
Ranking on GMX#70#112#55#108#96#71
CAGR (net)-93.1%-76.7%74.3%-10.2%-28.2%6.4%
CAGR (gross)-93.1%-76.7%74.3%-10.2%-28.2%6.4%
Returns (net)-5.0%-11.3%14.7%-5.1%-28.2%17.3%
Returns (gross)-5.0%-11.3%14.7%-5.1%-28.2%17.3%
Sharpe ratio----4.531.62-0.11-0.530.36
Max drawdown-7.8%-11.9%-13.7%-24.9%-43.4%-51.6%

Access and updates

You can deposit to this vault on GMX.

View on GMX

If any information is incorrect or needs updating, contact the Trading Strategy team.

Contact on Discord

Technical details

Pool nameGM BTC [WBTC-WBTC]
Pool address0x7c11f78ce78768518d743e81fdfa2f860c6b9a77
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL8,795,030.798 USDC
Peak TVL90,173,038.283 USDC
Last share price1.164 USDC
Last updated
Last updated block523,070,907
Data refreshed at
Data starts2024-04-11 12:25:06 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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