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Equity curve

GM CAKE [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
0.01
3M volatility
19.0%
Age
1.5 years
Maximum drawdown
-30.7%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 96.3% -1.5% 3.1% -21.4% -8.4%
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 96.3% -1.5% 3.1% -21.4% -8.4%

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 and USDC 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: CAKE/USD — the price market for which traders take long and short positions.
  • Long backing token: WBTC — backs and settles profitable long positions.
  • Short backing token: USDC — backs and settles profitable 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#45#188#1123#874#1182#1206
Ranking on Arbitrum One#34#103#206#159#206#214
Ranking on GMX#38#106#114#103#95#97
CAGR (net)1,699.3%96.3%-1.5%3.1%-21.4%-8.4%
CAGR (gross)1,699.3%96.3%-1.5%3.1%-21.4%-8.4%
Returns (net)5.7%5.7%-0.4%1.5%-21.4%-12.6%
Returns (gross)5.7%5.7%-0.4%1.5%-21.4%-12.6%
Sharpe ratio5.132.550.010.29-1.25-0.34
Max drawdown-2.8%-2.8%-5.7%-5.7%-29.7%-30.7%

Technical Details

Pool nameGM CAKE [WBTC-USDC]
Pool address0xde967676db7b1ccdba2bd94b01b5b19de4b563e4
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL81,079.478 USDC
Peak TVL1,160,271.83 USDC
Last share price0.872 USDC
Last updated
Last updated block504,411,453
Data refreshed at
Data starts2025-02-27 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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