GM ETH [WETH-WETH]
View on GMX Update infoEquity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 171.5% | 428.8% | 51.1% | -38.8% | -2.7% | |
| 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 | 171.5% | 428.8% | 51.1% | -38.8% | -2.7% |
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 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 — 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 | #96 | #69 | #37 | #75 | #537 | #1158 |
| Ranking on Arbitrum One | #37 | #30 | #6 | #28 | #163 | #210 |
| Ranking on GMX | #35 | #35 | #5 | #32 | #95 | #100 |
| CAGR (net) | 27.6% | 171.5% | 428.8% | 51.1% | -38.8% | -2.7% |
| CAGR (gross) | 27.6% | 171.5% | 428.8% | 51.1% | -38.8% | -2.7% |
| Returns (net) | 0.5% | 8.7% | 50.8% | 22.6% | -38.8% | -6.5% |
| Returns (gross) | 0.5% | 8.7% | 50.8% | 22.6% | -38.8% | -6.5% |
| Sharpe ratio | --- | 2.59 | 3.98 | 1.10 | -0.48 | 0.30 |
| Max drawdown | -1.8% | -5.5% | -5.5% | -34.0% | -63.9% | -64.7% |
Technical Details
| Pool name | GM ETH [WETH-WETH] |
| Pool address | 0x450bb6774dd8a756274e0ab4107953259d2ac541 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 18,762,239.176 USDC |
| Peak TVL | 74,426,302.397 USDC |
| Last share price | 0.926 USDC |
| Last updated | |
| Last updated block | 512,383,112 |
| Data refreshed at | |
| Data starts | 2024-04-11 12:30:36 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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