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Equity curve

GM ETH [WETH-WETH]
ETH

Other metrics

3M Sharpe
3.1
3M volatility
44.9%
Age
2.4 years
Maximum drawdown
-64.7%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 2,737.4% 257.2% 17.6% -42.6% -5.5%
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 2,737.4% 257.2% 17.6% -42.6% -5.5%

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#98#32#43#186#1246#1189
Ranking on Arbitrum One#58#7#14#88#243#209
Ranking on GMX#70#6#12#86#129#92
CAGR (net)61.3%2,737.4%257.2%17.6%-42.6%-5.5%
CAGR (gross)61.3%2,737.4%257.2%17.6%-42.6%-5.5%
Returns (net)0.9%31.6%36.8%8.3%-42.6%-12.7%
Returns (gross)0.9%31.6%36.8%8.3%-42.6%-12.7%
Sharpe ratio1.826.623.060.57-0.580.26
Max drawdown-1.5%-4.3%-13.3%-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 TVL18,941,875.097 USDC
Peak TVL74,426,302.397 USDC
Last share price0.86 USDC
Last updated
Last updated block504,839,699
Data refreshed at
Data starts2024-04-11 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

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