GM ETH [WETH-WETH]
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | -92.4% | 33.2% | -14.7% | -38.7% | -12.3% | |
| 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 | -92.4% | 33.2% | -14.7% | -38.7% | -12.3% |
* 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 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 | #1188 | #1211 | #166 | #812 | #589 | #1295 |
| Ranking on Arbitrum One | #174 | #218 | #91 | #183 | #174 | #230 |
| Ranking on GMX | #75 | #121 | #95 | #110 | #101 | #115 |
| CAGR (net) | -99.1% | -92.4% | 33.2% | -14.7% | -38.7% | -12.3% |
| CAGR (gross) | -99.1% | -92.4% | 33.2% | -14.7% | -38.7% | -12.3% |
| Returns (net) | -10.1% | -19.1% | 7.3% | -7.6% | -38.7% | -28.7% |
| Returns (gross) | -10.1% | -19.1% | 7.3% | -7.6% | -38.7% | -28.7% |
| Sharpe ratio | --- | -6.82 | 0.82 | -0.09 | -0.54 | 0.14 |
| Max drawdown | -11.6% | -19.1% | -25.1% | -30.3% | -52.6% | -64.7% |
Access and updates
You can deposit to this vault on GMX.
If any information is incorrect or needs updating, contact the Trading Strategy team.
Contact on DiscordTechnical 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 | 13,226,650.781 USDC |
| Peak TVL | 74,426,302.397 USDC |
| Last share price | 0.706 USDC |
| Last updated | |
| Last updated block | 523,066,530 |
| 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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