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Equity curve

GM CAKE [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
---
3M volatility
---
Age
1.6 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 84.6% --- --- -19.7% -6.0%
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 84.6% --- --- -19.7% -6.0%

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
ErrorSample duration 15 days 01:06:54 exceeds tolerance 12 days 00:00:00---Sample duration 164 days 11:41:21 exceeds tolerance 135 days 00:00:00Sample duration 234 days 11:36:35 exceeds tolerance 225 days 00:00:00------
Ranking overall---#107------#512#1174
Ranking on Arbitrum One---#51------#141#215
Ranking on GMX---#57------#77#104
CAGR (net)---84.6%-------19.7%-6.0%
CAGR (gross)---84.6%-------19.7%-6.0%
Returns (net)---9.6%-------19.9%-9.3%
Returns (gross)---9.6%-------19.9%-9.3%
Sharpe ratio---2.85-------1.12-0.21
Max drawdown----2.8%-------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 TVL157,219.148 USDC
Peak TVL1,160,271.83 USDC
Last share price0.904 USDC
Last updated
Last updated block509,421,053
Data refreshed at
Data starts2025-02-27 15:14:42 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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