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Equity curve

GM BTC [WBTC-WBTC]
BTC

Other metrics

3M Sharpe
3.5
3M volatility
36.1%
Age
2.5 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
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.

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#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---2.693.551.24-0.510.49
Max drawdown0.0%-4.6%-5.8%-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 TVL10,296,763.436 USDC
Peak TVL90,173,038.283 USDC
Last share price1.343 USDC
Last updated
Last updated block511,954,241
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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