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Equity curve

GM CVX [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.1
3M volatility
23.3%
Age
1.0 years
Maximum drawdown
-38.4%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 422.4% 57.2% 34.1% -22.3% -21.0%
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 422.4% 57.2% 34.1% -22.3% -21.0%

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 WETH 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: CVX/USD — the price market for which traders take long and short positions.
  • Long backing token: WETH — 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#1#125#144#103#1185#1247
Ranking on Arbitrum One#1#63#78#52#211#233
Ranking on GMX#1#59#73#51#99#113
CAGR (net)>9,999%422.4%57.2%34.1%-22.3%-21.0%
CAGR (gross)>9,999%422.4%57.2%34.1%-22.3%-21.0%
Returns (net)14.5%14.5%11.8%15.6%-22.3%-21.8%
Returns (gross)14.5%14.5%11.8%15.6%-22.3%-21.8%
Sharpe ratio9.534.422.051.53-0.82-0.76
Max drawdown0.0%0.0%-2.4%-9.0%-37.7%-38.4%

Technical Details

Pool nameGM CVX [WETH-USDC]
Pool address0x41e3bc5b72384c8b26b559b7d16c2b81fd36fba2
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL163,729.813 USDC
Peak TVL745,847.166 USDC
Last share price0.785 USDC
Last updated
Last updated block501,937,043
Data refreshed at
Data starts2025-08-21 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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