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Equity curve

GM BTC [WBTC-WBTC]
BTC

Other metrics

3M Sharpe
2.9
3M volatility
35.2%
Age
2.5 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 133.4% 160.0% 23.3% -22.0% 10.9%
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 133.4% 160.0% 23.3% -22.0% 10.9%

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#1040#58#73#121#542#228
Ranking on Arbitrum One#127#25#24#64#152#68
Ranking on GMX#34#31#26#72#88#61
CAGR (net)-30.5%133.4%160.0%23.3%-22.0%10.9%
CAGR (gross)-30.5%133.4%160.0%23.3%-22.0%10.9%
Returns (net)-0.7%7.3%26.7%10.9%-22.1%29.6%
Returns (gross)-0.7%7.3%26.7%10.9%-22.1%29.6%
Sharpe ratio---2.702.870.76-0.330.45
Max drawdown-2.1%-4.8%-5.8%-26.9%-47.7%-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 TVL9,837,782.819 USDC
Peak TVL90,173,038.283 USDC
Last share price1.286 USDC
Last updated
Last updated block515,567,477
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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