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Equity curve

GM ETH [WETH.e-USDC]
ETH

Other metrics

3M Sharpe
3.8
3M volatility
36.6%
Age
3.0 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 105.2% 276.0% 65.9% -2.9% 38.3%
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 105.2% 276.0% 65.9% -2.9% 38.3%

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.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#854#96#56#56#448#78
Ranking on Avalanche C-chain#24#8#3#3#15#6
Ranking on GMX#42#51#13#18#29#19
CAGR (net)1.4%105.2%276.0%65.9%-2.9%38.3%
CAGR (gross)1.4%105.2%276.0%65.9%-2.9%38.3%
Returns (net)0.0%6.7%42.3%29.1%-2.9%163.6%
Returns (gross)0.0%6.7%42.3%29.1%-2.9%163.6%
Sharpe ratio---7.123.801.660.071.15
Max drawdown-0.3%-0.3%-0.7%-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 TVL1,322,119.371 USDC
Peak TVL4,502,412.932 USDC
Last share price2.503 USDC
Last updated
Last updated block96,748,122
Data refreshed at
Data starts2023-10-09 16:54:29 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

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