GM BTC [WBTC-WBTC]
View on GMX Update info- #79 overall
- #30 on
- #27 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| 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.
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 | #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 | -6.99 | 5.26 | 1.97 | 0.49 | -0.59 | 0.41 |
| Max drawdown | -3.5% | -5.3% | -10.8% | -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 | 9,956,076.436 USDC |
| Peak TVL | 88,651,244.792 USDC |
| Last share price | 1.217 USDC |
| Last updated | |
| Last updated block | 504,834,387 |
| Data refreshed at | |
| Data starts | 2024-04-11 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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