🏆

Equity curve

GM ETH [WETH-USDC]
ETH

Other metrics

3M Sharpe
3.0
3M volatility
27.4%
Age
3.0 years
Maximum drawdown
-35.6%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 612.0% 120.2% 23.4% -14.5% 27.9%
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 612.0% 120.2% 23.4% -14.5% 27.9%

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

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

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#135#108#95#148#1159#95
Ranking on Arbitrum One#69#51#43#74#185#25
Ranking on GMX#78#48#42#73#75#25
CAGR (net)18.2%612.0%120.2%23.4%-14.5%27.9%
CAGR (gross)18.2%612.0%120.2%23.4%-14.5%27.9%
Returns (net)0.3%17.5%21.5%10.9%-14.5%107.2%
Returns (gross)0.3%17.5%21.5%10.9%-14.5%107.2%
Sharpe ratio1.385.443.020.91-0.340.94
Max drawdown-1.2%-2.3%-7.2%-18.6%-35.6%-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 TVL54,749,984.553 USDC
Peak TVL140,706,342.285 USDC
Last share price1.905 USDC
Last updated
Last updated block504,829,607
Data refreshed at
Data starts2023-09-27 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

Stay ahead with the best new vaults and essential DeFi updates.

Subscribe to Trading Strategy newsletter