GM HYPE [WBTC-USDC]
View on GMX Update info- #145 overall
- #80 on
- #76 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 304.7% | 58.7% | 32.8% | -2.0% | 9.8% | |
| 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 | 304.7% | 58.7% | 32.8% | -2.0% | 9.8% |
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: HYPE/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.
Xerberus risk rating
74 View more View less
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 | #1041 | #145 | #141 | #108 | #1091 | #257 |
| Ranking on Arbitrum One | #184 | #80 | #75 | #56 | #141 | #78 |
| Ranking on GMX | #97 | #76 | #70 | #54 | #35 | #64 |
| CAGR (net) | -32.8% | 304.7% | 58.7% | 32.8% | -2.0% | 9.8% |
| CAGR (gross) | -32.8% | 304.7% | 58.7% | 32.8% | -2.0% | 9.8% |
| Returns (net) | -0.8% | 12.2% | 12.1% | 15.0% | -2.0% | 15.3% |
| Returns (gross) | -0.8% | 12.2% | 12.1% | 15.0% | -2.0% | 15.3% |
| Sharpe ratio | -2.87 | 7.48 | 3.03 | 1.63 | 0.00 | 0.60 |
| Max drawdown | -1.4% | -2.2% | -5.0% | -13.1% | -22.7% | -22.7% |
Technical Details
| Pool name | GM HYPE [WBTC-USDC] |
| Pool address | 0xbcb8fe13d02b023e8f94f6881cc0192fd918a5c0 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 2,559,796.367 USDC |
| Peak TVL | 7,893,235.53 USDC |
| Last share price | 2.582 USDC |
| Last updated | |
| Last updated block | 504,780,789 |
| Data refreshed at | |
| Data starts | 2025-03-06 00:00:00 UTC |
| Fee mode | Feeless |
| Fees internalised | Yes |
| Features | amm_pool_like, gmx_gm, share_price_equivalence |
| Flags | liquidity_provision, market_making |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter