GM ENA [WETH-USDC]
View on GMX Update infoEquity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 15.9% | 147.2% | 63.1% | -1.2% | 12.8% | |
| 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 | 15.9% | 147.2% | 63.1% | -1.2% | 12.8% |
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.
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 | #1066 | #196 | #90 | #41 | #453 | #185 |
| Ranking on Arbitrum One | #137 | #79 | #36 | #16 | #85 | #58 |
| Ranking on GMX | #44 | #81 | #39 | #18 | #23 | #57 |
| CAGR (net) | -64.2% | 15.9% | 147.2% | 63.1% | -1.2% | 12.8% |
| CAGR (gross) | -64.2% | 15.9% | 147.2% | 63.1% | -1.2% | 12.8% |
| Returns (net) | -2.1% | 1.3% | 29.8% | 27.6% | -1.2% | 22.2% |
| Returns (gross) | -2.1% | 1.3% | 29.8% | 27.6% | -1.2% | 22.2% |
| Sharpe ratio | --- | 0.97 | 2.26 | 1.53 | 0.13 | 0.51 |
| Max drawdown | -4.4% | -4.4% | -4.4% | -12.5% | -31.4% | -31.6% |
Technical Details
| Pool name | GM ENA [WETH-USDC] |
| Pool address | 0x9f159014cc218e942e9e9481742fe5bfa9ac5a2c |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 174,357.03 USDC |
| Peak TVL | 6,253,403.052 USDC |
| Last share price | 1.236 USDC |
| Last updated | |
| Last updated block | 508,781,396 |
| Data refreshed at | |
| Data starts | 2025-01-23 15:49:00 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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