Equity curve

GM HBAR [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.2
3M volatility
27.0%
Age
1.1 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 3.3% 76.1% 15.0% -13.1% -16.1%
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 3.3% 76.1% 15.0% -13.1% -16.1%

* 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 WBTC 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: HBAR/USD — the price market for which traders take long and short positions.
  • Long backing token: WBTC — 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#67#762#129#156#518#1277
Ranking on Arbitrum One#20#96#65#78#136#232
Ranking on GMX#16#58#64#81#67#118
CAGR (net)28.4%3.3%76.1%15.0%-13.1%-16.1%
CAGR (gross)28.4%3.3%76.1%15.0%-13.1%-16.1%
Returns (net)0.8%0.3%15.4%7.5%-13.2%-17.9%
Returns (gross)0.8%0.3%15.4%7.5%-13.2%-17.9%
Sharpe ratio---0.262.230.73-0.48-0.65
Max drawdown-4.0%-4.0%-4.0%-14.5%-28.8%-28.9%

Technical Details

Pool nameGM HBAR [WBTC-USDC]
Pool address0x9f0849fb830679829d1fb759b11236d375d15c78
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL250,297.242 USDC
Peak TVL1,324,671.849 USDC
Last share price0.812 USDC
Last updated
Last updated block509,794,768
Data refreshed at
Data starts2025-08-14 10:50:19 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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