Equity curve

GM ENA [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
1.6
3M volatility
40.1%
Age
1.7 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross -70.5% 75.2% 27.8% -3.4% 8.6%
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 -70.5% 75.2% 27.8% -3.4% 8.6%

* 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 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: ENA/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

View more View less

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 27 days 19:35:55 exceeds tolerance 12 days 00:00:00---------------
Ranking overall---#1143#127#92#474#313
Ranking on Arbitrum One---#207#68#51#99#78
Ranking on GMX---#112#67#57#35#67
CAGR (net)----70.5%75.2%27.8%-3.4%8.6%
CAGR (gross)----70.5%75.2%27.8%-3.4%8.6%
Returns (net)----9.7%22.6%13.0%-3.4%15.5%
Returns (gross)----9.7%22.6%13.0%-3.4%15.5%
Sharpe ratio----5.441.570.840.060.41
Max drawdown----9.7%-9.7%-11.6%-26.7%-31.6%

Technical Details

Pool nameGM ENA [WETH-USDC]
Pool address0x9f159014cc218e942e9e9481742fe5bfa9ac5a2c
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL60,486.687 USDC
Peak TVL6,253,403.052 USDC
Last share price1.168 USDC
Last updated
Last updated block517,494,384
Data refreshed at
Data starts2025-01-23 15:49:00 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

Stay ahead with the best new vaults and essential DeFi updates.

Subscribe to Trading Strategy newsletter