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Equity curve

GM ETH [WETH.e-USDC]
ETH

Other metrics

3M Sharpe
3.1
3M volatility
38.6%
Age
2.9 years
Maximum drawdown
-33.3%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 791.2% 209.7% 55.0% -7.7% 37.5%
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 791.2% 209.7% 55.0% -7.7% 37.5%

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.e 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: ETH/USD — the price market for which traders take long and short positions.
  • Long backing token: WETH.e — 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#72#89#61#68#1120#70
Ranking on Avalanche C-chain#9#3#1#4#38#6
Ranking on GMX#59#34#21#29#55#14
CAGR (net)170.1%791.2%209.7%55.0%-7.7%37.5%
CAGR (gross)170.1%791.2%209.7%55.0%-7.7%37.5%
Returns (net)1.9%19.7%32.1%24.1%-7.7%154.0%
Returns (gross)1.9%19.7%32.1%24.1%-7.7%154.0%
Sharpe ratio10.924.183.111.43-0.091.13
Max drawdown0.0%0.0%-3.7%-18.8%-33.3%-33.3%

Technical Details

Pool nameGM ETH [WETH.e-USDC]
Pool address0xb7e69749e3d2edd90ea59a4932efea2d41e245d7
Chain Avalanche C-chain (43114)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL1,367,890.718 USDC
Peak TVL4,502,412.932 USDC
Last share price2.412 USDC
Last updated
Last updated block95,097,732
Data refreshed at
Data starts2023-10-09 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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