GM ETH [WETH.e-WETH.e]
View on GMX Update info- #197 overall
- #13 on
- #108 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| 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.
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 | #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 ratio | 7.22 | 3.06 | 1.77 | 1.62 | -0.88 | 0.21 |
| Max drawdown | 0.0% | -0.5% | -0.5% | -0.5% | -59.7% | -60.9% |
Technical Details
| Pool name | GM ETH [WETH.e-WETH.e] |
| Pool address | 0x2a3cf4ad7db715df994393e4482d6f1e58a1b533 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 70,680.701 USDC |
| Peak TVL | 4,650,824.39 USDC |
| Last share price | 0.793 USDC |
| Last updated | |
| Last updated block | 94,435,772 |
| Data refreshed at | |
| Data starts | 2024-06-29 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 |
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter