GM ETH [WETH-WETH]
View on GMX Update infoEquity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| 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.
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 | #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 | --- | 0.55 | 2.33 | 0.45 | -0.38 | 0.24 |
| Max drawdown | -4.8% | -11.9% | -11.9% | -33.3% | -59.2% | -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 | 16,800,524.755 USDC |
| Peak TVL | 74,426,302.397 USDC |
| Last share price | 0.834 USDC |
| Last updated | |
| Last updated block | 515,571,242 |
| 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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