GM DOGE [WAVAX-USDC]
View on GMX Update infoEquity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 137.4% | 54.0% | 47.3% | -9.5% | 59.6% | |
| 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 | 137.4% | 54.0% | 47.3% | -9.5% | 59.6% |
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.
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
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #1 | #81 | #174 | #86 | #467 | #51 |
| Ranking on Avalanche C-chain | #1 | #7 | #9 | #9 | #16 | #2 |
| Ranking on GMX | #1 | #42 | #95 | #42 | #46 | #7 |
| CAGR (net) | >9,999% | 137.4% | 54.0% | 47.3% | -9.5% | 59.6% |
| CAGR (gross) | >9,999% | 137.4% | 54.0% | 47.3% | -9.5% | 59.6% |
| Returns (net) | 32.7% | 10.8% | 11.3% | 23.3% | -9.5% | 305.9% |
| Returns (gross) | 32.7% | 10.8% | 11.3% | 23.3% | -9.5% | 305.9% |
| Sharpe ratio | --- | 1.29 | 0.92 | 0.99 | -0.02 | 1.15 |
| Max drawdown | 0.0% | -16.7% | -16.7% | -16.7% | -33.8% | -40.4% |
Technical Details
| Pool name | GM DOGE [WAVAX-USDC] |
| Pool address | 0x8970b527e84aa17a33d38b65e9a5ab5817fc0027 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 91,353.184 USDC |
| Peak TVL | 707,740.674 USDC |
| Last share price | 3.133 USDC |
| Last updated | |
| Last updated block | 96,211,756 |
| Data refreshed at | |
| Data starts | 2023-09-27 11:39:54 UTC |
| Fee mode | Feeless |
| Fees internalised | Yes |
| Features | amm_pool_like, gmx_gm, share_price_equivalence |
| Strategy tags | --- |
| Flags | liquidity_provision, market_making |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
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