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Equity curve

GM ETH [WETH-WETH]
ETH

Other metrics

3M Sharpe
2.3
3M volatility
46.4%
Age
2.5 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 16.9% 167.8% 10.5% -34.0% -6.6%
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 16.9% 167.8% 10.5% -34.0% -6.6%

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#1078#182#66#213#564#1198
Ranking on Arbitrum One#143#73#20#90#164#214
Ranking on GMX#51#77#23#93#95#106
CAGR (net)-66.1%16.9%167.8%10.5%-34.0%-6.6%
CAGR (gross)-66.1%16.9%167.8%10.5%-34.0%-6.6%
Returns (net)-2.1%1.3%27.5%5.1%-34.0%-15.8%
Returns (gross)-2.1%1.3%27.5%5.1%-34.0%-15.8%
Sharpe ratio---0.552.330.45-0.380.24
Max drawdown-4.8%-11.9%-11.9%-33.3%-59.2%-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 TVL16,800,524.755 USDC
Peak TVL74,426,302.397 USDC
Last share price0.834 USDC
Last updated
Last updated block515,571,242
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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