GM HYPE [WBTC-USDC]
View on GMX Update infoEquity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 70.0% | 105.1% | 44.8% | -0.5% | 86.0% | |
| 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 | 70.0% | 105.1% | 44.8% | -0.5% | 86.0% |
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.
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 | #82 | #124 | #127 | #97 | #433 | #35 |
| Ranking on Arbitrum One | #33 | #60 | #61 | #41 | #81 | #3 |
| Ranking on GMX | #33 | #65 | #60 | #49 | #21 | #2 |
| CAGR (net) | 42.5% | 70.0% | 105.1% | 44.8% | -0.5% | 86.0% |
| CAGR (gross) | 42.5% | 70.0% | 105.1% | 44.8% | -0.5% | 86.0% |
| Returns (net) | 0.7% | 4.5% | 19.6% | 20.0% | -0.5% | 167.7% |
| Returns (gross) | 0.7% | 4.5% | 19.6% | 20.0% | -0.5% | 167.7% |
| Sharpe ratio | --- | 3.27 | 4.64 | 2.16 | 0.08 | 0.92 |
| Max drawdown | -0.4% | -1.4% | -2.2% | -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 | 2,606,507.02 USDC |
| Peak TVL | 7,893,235.53 USDC |
| Last share price | 2.719 USDC |
| Last updated | |
| Last updated block | 512,316,583 |
| Data refreshed at | |
| Data starts | 2025-03-06 09:04:00 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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