GM ENA [WETH-USDC]
View on GMX Update info- #33 overall
- #9 on
- #7 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| 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.
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 | #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 | -4.11 | 4.49 | 2.77 | 1.57 | 0.15 | 0.55 |
| Max drawdown | -0.3% | -0.3% | -0.4% | -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 | 175,385.015 USDC |
| Peak TVL | 6,197,551.614 USDC |
| Last share price | 1.249 USDC |
| Last updated | |
| Last updated block | 502,445,961 |
| Data refreshed at | |
| Data starts | 2025-01-23 00:00:00 UTC |
| Fee mode | Feeless |
| Fees internalised | Yes |
| Features | amm_pool_like, gmx_gm, share_price_equivalence |
| Flags | liquidity_provision, market_making |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter