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Equity curve

GM BTC [WBTC-WBTC]
BTC

Other metrics

3M Sharpe
2.0
3M volatility
36.9%
Age
2.4 years
Maximum drawdown
-51.6%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 955.7% 93.9% 12.1% -30.9% 8.5%
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 955.7% 93.9% 12.1% -30.9% 8.5%

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#1120#79#115#234#1212#292
Ranking on Arbitrum One#211#30#61#106#228#82
Ranking on GMX#122#27#59#96#113#68
CAGR (net)-81.1%955.7%93.9%12.1%-30.9%8.5%
CAGR (gross)-81.1%955.7%93.9%12.1%-30.9%8.5%
Returns (net)-3.1%21.4%17.7%5.8%-30.9%21.8%
Returns (gross)-3.1%21.4%17.7%5.8%-30.9%21.8%
Sharpe ratio-6.995.261.970.49-0.590.41
Max drawdown-3.5%-5.3%-10.8%-26.9%-51.6%-51.6%

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 TVL9,956,076.436 USDC
Peak TVL88,651,244.792 USDC
Last share price1.217 USDC
Last updated
Last updated block504,834,387
Data refreshed at
Data starts2024-04-11 00:00:00 UTC
Fee modeFeeless
Fees internalisedYes
Featuresamm_pool_like, gmx_gm, share_price_equivalence
Flagsliquidity_provision, market_making
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen

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