GM ETH [WETH.e-USDC]
View on GMX Update info- #89 overall
- #3 on
- #34 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| 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.
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 | #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 ratio | 10.92 | 4.18 | 3.11 | 1.43 | -0.09 | 1.13 |
| Max drawdown | 0.0% | 0.0% | -3.7% | -18.8% | -33.3% | -33.3% |
Technical Details
| Pool name | GM ETH [WETH.e-USDC] |
| Pool address | 0xb7e69749e3d2edd90ea59a4932efea2d41e245d7 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 1,367,890.718 USDC |
| Peak TVL | 4,502,412.932 USDC |
| Last share price | 2.412 USDC |
| Last updated | |
| Last updated block | 95,097,732 |
| Data refreshed at | |
| Data starts | 2023-10-09 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 |
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