GM ETH [WETH.e-USDC]
View on GMX Update infoEquity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| 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.
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 | #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 | --- | 7.12 | 3.80 | 1.66 | 0.07 | 1.15 |
| Max drawdown | -0.3% | -0.3% | -0.7% | -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 | 1,322,119.371 USDC |
| Peak TVL | 4,502,412.932 USDC |
| Last share price | 2.503 USDC |
| Last updated | |
| Last updated block | 96,748,122 |
| Data refreshed at | |
| Data starts | 2023-10-09 16:54:29 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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