GM ETH [WETH.e-USDC]
- #1133 overall
- #31 on
- #89 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | -52.2% | 87.1% | 24.5% | 4.4% | 34.2% | |
| 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 | -52.2% | 87.1% | 24.5% | 4.4% | 34.2% |
* 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.
Xerberus risk rating
74 View more View less
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 | #41 | #1133 | #76 | #77 | #186 | #65 |
| Ranking on Avalanche C-chain | #6 | #31 | #6 | #7 | #9 | #6 |
| Ranking on GMX | #10 | #89 | #44 | #44 | #18 | #14 |
| CAGR (net) | 91.0% | -52.2% | 87.1% | 24.5% | 4.4% | 34.2% |
| CAGR (gross) | 91.0% | -52.2% | 87.1% | 24.5% | 4.4% | 34.2% |
| Returns (net) | 2.1% | -6.2% | 18.1% | 11.9% | 4.5% | 147.1% |
| Returns (gross) | 2.1% | -6.2% | 18.1% | 11.9% | 4.5% | 147.1% |
| Sharpe ratio | --- | -2.41 | 1.92 | 0.82 | 0.29 | 1.06 |
| Max drawdown | 0.0% | -8.2% | -8.2% | -16.1% | -24.8% | -33.3% |
Access and updates
You can deposit to this vault on GMX.
If any information is incorrect or needs updating, contact the Trading Strategy team.
Contact on DiscordTechnical 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 | 1,144,486.125 USDC |
| Peak TVL | 4,502,412.932 USDC |
| Last share price | 2.347 USDC |
| Last updated | |
| Last updated block | 99,495,307 |
| 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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