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Equity curve

GM ENA [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.8
3M volatility
46.8%
Age
1.6 years
Maximum drawdown
-31.6%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 2,622.9% 232.0% 68.9% -0.5% 14.3%
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 2,622.9% 232.0% 68.9% -0.5% 14.3%

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

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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#993#33#56#53#1077#169
Ranking on Arbitrum One#170#9#20#23#138#59
Ranking on GMX#87#7#18#22#33#51
CAGR (net)-8.3%2,622.9%232.0%68.9%-0.5%14.3%
CAGR (gross)-8.3%2,622.9%232.0%68.9%-0.5%14.3%
Returns (net)-0.2%31.2%34.4%29.5%-0.5%24.2%
Returns (gross)-0.2%31.2%34.4%29.5%-0.5%24.2%
Sharpe ratio-4.114.492.771.570.150.55
Max drawdown-0.3%-0.3%-0.4%-12.5%-31.4%-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 TVL175,385.015 USDC
Peak TVL6,197,551.614 USDC
Last share price1.249 USDC
Last updated
Last updated block502,445,961
Data refreshed at
Data starts2025-01-23 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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