GM ETH [WETH-USDC]
View on GMX Update info- #1005 overall
- #157 on
- #91 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 0.2% | 100.0% | 16.5% | -10.3% | 26.3% | |
| 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 | 0.2% | 100.0% | 16.5% | -10.3% | 26.3% |
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 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.
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 | #1064 | #1005 | #113 | #159 | #495 | #105 |
| Ranking on Arbitrum One | #136 | #157 | #56 | #79 | #120 | #25 |
| Ranking on GMX | #45 | #91 | #57 | #85 | #55 | #28 |
| CAGR (net) | -53.3% | 0.2% | 100.0% | 16.5% | -10.3% | 26.3% |
| CAGR (gross) | -53.3% | 0.2% | 100.0% | 16.5% | -10.3% | 26.3% |
| Returns (net) | -1.5% | 0.0% | 18.7% | 7.8% | -10.3% | 104.3% |
| Returns (gross) | -1.5% | 0.0% | 18.7% | 7.8% | -10.3% | 104.3% |
| Sharpe ratio | --- | 0.11 | 2.69 | 0.71 | -0.20 | 0.90 |
| Max drawdown | -2.1% | -6.4% | -6.4% | -18.1% | -33.4% | -35.6% |
Technical Details
| Pool name | GM ETH [WETH-USDC] |
| Pool address | 0x70d95587d40a2caf56bd97485ab3eec10bee6336 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 47,660,164.048 USDC |
| Peak TVL | 141,678,089.565 USDC |
| Last share price | 1.886 USDC |
| Last updated | |
| Last updated block | 515,759,850 |
| Data refreshed at | |
| Data starts | 2023-09-27 10:12:34 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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