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Equity curve

GM DOGE [WAVAX-USDC]
BTC
ETH

Other metrics

3M Sharpe
-0.8
3M volatility
36.0%
Age
2.9 years
Maximum drawdown
-44.9%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 222.7% -29.4% -9.6% -17.7% 45.7%
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 222.7% -29.4% -9.6% -17.7% 45.7%

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 WAVAX 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: DOGE/USD — the price market for which traders take long and short positions.
  • Long backing token: WAVAX — 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#57#164#1186#1183#1174#54
Ranking on Avalanche C-chain#6#6#41#37#39#5
Ranking on GMX#45#91#131#116#88#11
CAGR (net)594.7%222.7%-29.4%-9.6%-17.7%45.7%
CAGR (gross)594.7%222.7%-29.4%-9.6%-17.7%45.7%
Returns (net)3.8%10.1%-8.2%-4.8%-17.7%202.1%
Returns (gross)3.8%10.1%-8.2%-4.8%-17.7%202.1%
Sharpe ratio7.225.63-0.77-0.25-0.391.01
Max drawdown0.0%0.0%-16.7%-16.7%-44.9%-44.9%

Technical Details

Pool nameGM DOGE [WAVAX-USDC]
Pool address0x8970b527e84aa17a33d38b65e9a5ab5817fc0027
Chain Avalanche C-chain (43114)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL67,430.092 USDC
Peak TVL561,568.701 USDC
Last share price2.332 USDC
Last updated
Last updated block94,547,485
Data refreshed at
Data starts2023-09-27 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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