Equity curve

GM DOGE [WAVAX-USDC]
BTC
ETH

Other metrics

3M Sharpe
3.2
3M volatility
16.1%
Age
3.0 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 235.4% 65.5% 53.1% -1.3% 60.6%
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 235.4% 65.5% 53.1% -1.3% 60.6%

* 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
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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 12:00:44 exceeds tolerance 12 days 00:00:00---------------
Ranking overall---#22#148#49#461#48
Ranking on Avalanche C-chain---#5#10#6#19#3
Ranking on GMX---#11#80#21#26#5
CAGR (net)---235.4%65.5%53.1%-1.3%60.6%
CAGR (gross)---235.4%65.5%53.1%-1.3%60.6%
Returns (net)---12.9%15.7%28.2%-1.3%322.1%
Returns (gross)---12.9%15.7%28.2%-1.3%322.1%
Sharpe ratio---4.753.212.450.091.24
Max drawdown---0.0%-0.3%-0.3%-30.5%-40.4%

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 TVL95,105.217 USDC
Peak TVL707,740.674 USDC
Last share price3.258 USDC
Last updated
Last updated block97,341,641
Data refreshed at
Data starts2023-09-27 11:39:54 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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