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Equity curve

GM ETH [WETH-WETH]
ETH

Other metrics

3M Sharpe
4.0
3M volatility
44.3%
Age
2.5 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
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.

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#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---2.593.981.10-0.480.30
Max drawdown-1.8%-5.5%-5.5%-34.0%-63.9%-64.7%

Technical Details

Pool nameGM ETH [WETH-WETH]
Pool address0x450bb6774dd8a756274e0ab4107953259d2ac541
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL18,762,239.176 USDC
Peak TVL74,426,302.397 USDC
Last share price0.926 USDC
Last updated
Last updated block512,383,112
Data refreshed at
Data starts2024-04-11 12:30:36 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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