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Equity curve

GM ETH [WETH-USDC]
ETH

Other metrics

3M Sharpe
2.8
3M volatility
27.1%
Age
3.1 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross -38.6% 108.6% 21.9% -10.6% 27.0%
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 -38.6% 108.6% 21.9% -10.6% 27.0%

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 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 — 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.

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#76#1090#113#123#500#106
Ranking on Arbitrum One#16#190#52#65#125#27
Ranking on GMX#9#100#53#70#59#27
CAGR (net)162.5%-38.6%108.6%21.9%-10.6%27.0%
CAGR (gross)162.5%-38.6%108.6%21.9%-10.6%27.0%
Returns (net)1.9%-3.9%19.9%10.2%-10.6%108.3%
Returns (gross)1.9%-3.9%19.9%10.2%-10.6%108.3%
Sharpe ratio----2.722.810.89-0.210.92
Max drawdown-2.0%-7.8%-7.8%-17.8%-33.4%-35.6%

Technical Details

Pool nameGM ETH [WETH-USDC]
Pool address0x70d95587d40a2caf56bd97485ab3eec10bee6336
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL47,496,273.093 USDC
Peak TVL141,678,089.565 USDC
Last share price1.922 USDC
Last updated
Last updated block517,000,282
Data refreshed at
Data starts2023-09-27 10:12:34 UTC
Fee modeFeeless
Fees internalisedYes
Featuresamm_pool_like, gmx_gm, share_price_equivalence
Strategy tags---
Flagsliquidity_provision, market_making
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen

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