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Equity curve

GM ETH [WETH.e-WETH.e]
ETH

Other metrics

3M Sharpe
1.8
3M volatility
9.8%
Age
2.2 years
Maximum drawdown
-60.9%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 65.8% 18.4% 78.3% -43.1% -10.3%
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 65.8% 18.4% 78.3% -43.1% -10.3%

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 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 and short backing token: WETH.e — this single asset backs profitable long and 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#49#197#212#42#1247#1216
Ranking on Avalanche C-chain#5#13#9#3#47#45
Ranking on GMX#41#108#98#14#130#101
CAGR (net)1,063.3%65.8%18.4%78.3%-43.1%-10.3%
CAGR (gross)1,063.3%65.8%18.4%78.3%-43.1%-10.3%
Returns (net)4.8%4.2%4.2%33.0%-43.1%-21.2%
Returns (gross)4.8%4.2%4.2%33.0%-43.1%-21.2%
Sharpe ratio7.223.061.771.62-0.880.21
Max drawdown0.0%-0.5%-0.5%-0.5%-59.7%-60.9%

Technical Details

Pool nameGM ETH [WETH.e-WETH.e]
Pool address0x2a3cf4ad7db715df994393e4482d6f1e58a1b533
Chain Avalanche C-chain (43114)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL70,680.701 USDC
Peak TVL4,650,824.39 USDC
Last share price0.793 USDC
Last updated
Last updated block94,435,772
Data refreshed at
Data starts2024-06-29 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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