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Equity curve

GM GMX [GMX-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.9
3M volatility
24.5%
Age
2.3 years
Maximum drawdown
-70.1%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 279.0% 97.3% 25.1% -40.8% -32.6%
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 279.0% 97.3% 25.1% -40.8% -32.6%

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 GMX and USDC 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: GMX/USD — the price market for which traders take long and short positions.
  • Long backing token: GMX — backs and settles profitable long positions.
  • Short backing token: USDC — backs and settles profitable 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#64#153#112#141#1240#1277
Ranking on Arbitrum One#45#87#59#71#241#255
Ranking on GMX#52#84#57#70#127#127
CAGR (net)353.9%279.0%97.3%25.1%-40.8%-32.6%
CAGR (gross)353.9%279.0%97.3%25.1%-40.8%-32.6%
Returns (net)2.9%11.6%18.2%11.6%-40.7%-59.5%
Returns (gross)2.9%11.6%18.2%11.6%-40.7%-59.5%
Sharpe ratio10.614.482.891.09-1.28-0.69
Max drawdown0.0%-5.7%-5.7%-12.6%-55.1%-70.1%

Technical Details

Pool nameGM GMX [GMX-USDC]
Pool address0x55391d178ce46e7ac8eaaea50a72d1a5a8a622da
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL271,695.689 USDC
Peak TVL3,933,790.909 USDC
Last share price0.418 USDC
Last updated
Last updated block504,787,576
Data refreshed at
Data starts2024-05-30 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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